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Traditional Transaction
Those who have been investing in stocks and bonds
for many years are very familiar with the term "commission." Since
the beginning of the brokerage business, the primary way in which
stockbrokers have been paid is through a commission added to each
transaction, whether a buy or sell. Although annual fee based accounts
and mutual funds are gaining popularity, the majority of the clients
of BBR maintain accounts in which a fee is paid only
at the time of a transaction.
For most investors in the stock and bond markets,
this traditional transaction based fee structure is the least expensive
way for a client to maintain a strong relationship with a professional
portfolio manager. In addition, this relationship allows for considerable
client input into the decision making process if the client so
desires.
Discretionary Money
Management
Buckman, Buckman, Reid, Inc. understands that some investors
want a financial consultant to manage their account without contacting
them about every transaction. For this type of investor, BBR makes available several types of accounts
whereby an investment professional makes the investment decisions
based on the goals and the financial situation of the client.
A client may sign a limited Power of Attorney giving the
trading authority to the investment professional. This investment
professional may be compensated through a commission on transactions
or through a fee-based account where an annual fee is charged based
on the total assets under management. Our investment professionals can assist you in determining which product may be appropriate for your needs.
In addition, BB&R, through its relationship
with RBC Correspondent Services, LLC, has a program whereby the client may
have his or her assets managed by a professional money manager
chosen from a nationwide list. This manager will be chosen based
on the financial goals and needs of the investor.
Freedom Account
A Performance-driven Brokerage Account
No commissions beyond one annual fee; you don’t
pay commissions on individual trades.
Added flexibility without incurring commissions; if market becomes volatile,
you can shift to money market funds while waiting to see what happens.
Investment recommendations by your representative
are unbiased since his or her only incentive is to help you meet your goals.
Your representative will meet with you periodically
to provide a written analysis of your account’s performance.
*Minimum account size is $25,000.
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