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Transparency
Managed accounts provide you with comprehensive performance reporting, and full disclosure of all costs. There are no commissions resulting from routine purchases and sales of stocks and other securities for the account. The fee is a flat percentage of the portfolio balance, usually incurred quarterly. It is easy to see and understand the cost of your account.
You know, at all times, what investments you own and receive full reporting on the costs associated with managing their accounts. Unlike mutual funds which deduct fees behind the scenes, you can easily identify the fees in a separately managed account and because the charges are itemized on your statements. WrapManager clients have online access to their accounts. They know every investment held in their portfolios at all times and every penny spent to manage their portfolios.
Your monthly account statement will provide you a complete picture of the individual securities you hold, as well as the number of shares you own. It provides the current value of the securities you own; the cost basis of each security; details of account activity (such as purchases, sales and dividends paid out or reinvested). Your quarterly account summary will also provide your portfolio’s asset allocation; and performance in comparison to the appropriate benchmark.
WrapManager is dedicated to helping individual investors like you incorporate managed accounts into a diversified portfolio designed to reach your goals. For more information, call us at (800) 541-7774 or click for a FREE Money Manager and Asset Allocation Proposal today. We look forward to serving you.
The attached report and information have been prepared or produced by WrapManager, Inc. from sources and data believed to be reliable. Information provided in this report is for educational and illustrative purposes only and should not be construed as individualized investment advice, as an offer to sell, or the solicitation of an offer to buy any security in any states where such an offer or solicitation would be prohibited by regulations. WrapManager, Inc. is not a tax advisory firm. We recommend you contact your tax attorney or CPA prior to utilizing any of the tax-related strategies mentioned or discussed. Returns and experiences will vary for each client. Each client’s risk tolerance and investment objectives are unique to them. Past performance may not be indicative of future results. No assumption that future performance of any specific investment or product made reference to directly by WrapManager, Inc., on its Web site and in marketing materials, will be profitable or equal the corresponding indicated performance level(s). If performance numbers are generated gross of fees, a client’s return will be reduced by investment advisory fees and any other expenses. Opinions expressed are those of WrapManager, Inc. and are subject to change without notice and are not necessarily those of Prospera Financial Services, Inc. its directors, parent company or its affiliates. Securities offered through Prospera Financial Services and cleared through First Clearing, LLC. Prospera Financial Services — Member FINRA/SIPC.