PAM ACCOUNT — GROWTH WITH INCOME PORTFOLIO
In this type of fee-based Premier Asset Management (PAM) account, Puplava Financial Services, Inc. (PFS), in its capacity as a Registered Investment Advisor, and its investment advisor representatives (IARs) direct and manage specified client assets according to their research, investment style and management philosophy.
Primary emphasis on modest capital growth; secondary focus on generation of current income. Focus on high quality equities and fixed income instruments. Low to moderate exposure to interest rate risk; moderate to high exposure to market risk. Exposure to foreign risk and/or currency risk likely.
ACCOUNT DETAILS
CHARACTERISTICS
- Initial investment minimum $250,000
- Annual account management fees 1.00%, advance-billed quarterly
- Minimum investment time horizon of two years (early termination fee applies)
- Transaction costs charged in addition to management fees (contact us for a schedule of fees)
- IAR does not participate in commissions from the purchase or sale of equities
- IAR has discretion over all trading
PORTFOLIO HOLDINGS
Portfolio holdings may include—but are not limited to—Precious Metals, Oil and Gas, Alternative Fuel, Food, Agriculture, Water, Utilities, Infrastructure, Consumer Staples, Technology, Medical, and Pharmaceutical equities, among others. Allocations to sectors and sector selections are subject to change as we try to respond to current (or perceived future) market conditions.
TIME HORIZON
Because we adhere to value investing, we believe two years is an appropriate period of time to allow us to build the portfolio mix and produce investment returns. Managed accounts terminated by the investor prior to the two-year mark will be subject to the penalty fee outlined in the management agreement governing the account.
MAINTAINING INVESTMENT MINIMUMS
Investment minimums apply primarily to the level of assets required to open a new account. As assets in the account fluctuate in price, investors are not required to add funds to maintain the minimum. However, should withdrawals from the managed account take the account balance significantly below the minimum, we may request that the managed account be closed and its assets be moved to a commission-based Standard Brokerage account.
REPORTING
We keep our transactions in your portfolio as transparent as possible. As a client, you will be kept up-to-date on your investments via:
- Online access to your account holdings, monthly statements, trade confirmations, tax documentation, and select Fidelity research through our clearing firm’s client website, www.myStreetscape.com
- Monthly statements and confirmations of trades mailed to you by our clearing firm
- Our weekly client-only “In the Know” newsletter. The newsletter covers trading information when a buy, sell or wait is decided, as well as an explanation of the why behind the trading decision.
- Semi-annual performance updates
- Staff accessibility for questions about your investments
COMPENSATION
The annual account management fee for this account is 1.00% of the total assets invested. As your assets grow, our compensation is rewarded with a commensurate increase in fees.
Pro-rated management fees are advance-billed quarterly and deducted directly from your account based on the average account balance during the proceeding quarter.
CONTACT US
If you are interested in our Premier Asset Management - Growth with Income Portfolio account, please complete our Contact Form or call us directly at (888) 486-3939 or (858) 487-3939.
