|Andrews Capital Management, Inc.
1224 10th Street, Suite 203
Coronado, California 92118
619.435.1523 (Fax) Email Us!
Step 1. Understanding the Needs of the Client
Each client has different investment goals and requirements, which may include risk tolerance, time horizon, tax considerations, income needs, support of dependents, and a myriad of other factors. A thorough understanding of these needs is obtained through meeting with the client, and these needs are incorporated in a written Investment Policy, which outlines each clients' risk tolerance, time horizon, liquidity needs, types of investments, and asset allocation.
Step 2. Implementing the Investment Policy
After approval of the Investment Policy by the client, the portfolio is invested by Andrews Capital Management, Inc. Clients open brokerage accounts at Charles Schwab & Co., giving Andrews Capital Management, Inc. limited power of attorney for discretionary trading, pursuant to the Investment Policy. Assets within portfolios may include but not be limited to: individual stocks, no-load mutual funds, corporate bonds, U.S. Treasury securities, municipal bonds, CD's, and money market accounts.
Step 3. Fees
Investment management fees are charged as a percentage of assets under management. Management fees are deducted from each client's Schwab account on a quarterly basis in arrears.
Step 4. Ongoing Monitoring and Reporting
The portfolio is managed according to the Investment Policy, which may include rebalancing, investing new contributions, and managing periodic withdrawals. Each client receives a quarterly Portfolio Appraisal and Performance Report, along with a consolidated report for multiple accounts. Detailed tax reports are provided to assist clients in their tax return preparation.
Step 5. Communication
Clients are encouraged to contact Andrews Capital Management, Inc. with any questions regarding their portfolios. As needed, meetings are held with clients to review their portfolio and discuss any changes to the Investment Policy.