to Account Information
at the Charles Schwab & Co., Inc. Alliance ("Schwab Alliance")
Website is easier to read if the Browser is set to full-screen. Please
set this after the new Browser opens. Read the important notice below.
At the bottom of the disclosure, click "Continue" to go to the
Schwab Alliance Website, or "Go Back" to return to the IFA Website
Schwab is a registered
broker-dealer, and is not affiliated with any advisor(s) whose name(s)
appear(s) on this Web site. IFA is independently owned and operated.
Schwab neither endorses nor recommends any particular advisor or investment
strategy. IFA provides investment advisory services for your account.
Schwab has agreements with IFA under which Schwab provides IFA with
services related to your account. Schwab does not review the IFA Web
site, and makes no representation regarding the content of the Web
site. The information contained in the IFA Web site should not be
considered to be either a recommendation by Schwab or a solicitation
of any offer to purchase or sell any securities.
If you are opening a new Schwab account, you will
need to call the Schwab Alliance Team to obtain a password at 1-800-515-2157.
Then click the continue button.
Please read this disclosure before viewing sample IFA Client Report
- IFA typically builds one portfolio across the total number of accounts
that a client has, which minimizes transaction costs while attempting
to maximize after-tax returns. However, to explain the client web
site, we wanted to use an easy to understand example. This portfolio
consists of one account and has had very few cash flows so it was
easy to understand.
- Also, unlike
the majority of IFA’s accounts, this account
happened to be opened on the first of the month, which is the date
on which index performance data is calculated. So for purposes of
the example, the dates of the actual account performance are in conformity
with the dates of the benchmarks, which also are calculated from
the first of the month.
- This sample report
reflects the deduction of IFA’s investment
advisory fees at a level commensurate with a portfolio of this size.
Advisory fees charged depend upon the size of the portfolio. For an
estimate of the advisory fees you would pay, please ask for IFA’s
Form ADV, Part II, which contains a fee schedule. Along with advisory
fees, all client-paid expenses, except for brokerage commissions, have
been deducted prior to calculating the return on the client’s
- These results include the reinvestment of dividends, capital gains,
and other earnings.
- Past performance may not be indicative of future results. Therefore,
no current or prospective client should assume that the future performance
of any specific investment, investment strategy (including the investments
and/or investment strategies recommended by the adviser), or product
made reference to directly or indirectly, will be profitable or equal
to past performance levels.
- All investment strategies have the potential for profit or loss.
Changes in investment strategies, contributions or withdrawals may
materially alter the performance, strategy and results of your portfolio.
- Different types
of investments involve varying degrees of risk, and there can be
no assurance that any specific investment will either be suitable
or profitable for a client’s investment portfolio.
- Economic factors, market conditions, and investment strategies will
affect the performance of any portfolio and there are no assurances
that it will match or outperform any particular benchmark.
- This sample report
utilizes the S&P 500 for comparison purposes,
because it is a standard industry benchmark. The S&P 500 is not
the only index that is used as a benchmark for measuring the performance
of a portfolio. We also show for comparative risk and return purposes
IFA’s INDEX PORTFOLIOS 30, 50, 70 and 90. These indexes and the
S&P 500 are shown for comparative purposes in all of our client
here to see a sample IFA Client Report (PDF)