Hughes Investment Management
Our Services
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How the Hughes Investment Management Account
Works
1. Your Hughes Investment Management Account is opened
in your own name (or names) with a discount broker, usually either RBC
or Ameritrade. Accounts may be opened with a check, securities, or both.
(All checks should
be made out to the broker, not Hughes Investment).
2. We discuss your goals
and complete a written "Client Profile" to help determine the
appropriate investment
strategy for your specific situation. Each investment is chosen with
your specific
outlook and goals in mind.
3. Our clients authorize Hughes Investment Management to
make buy and sell decisions for their accounts. They receive a copy
of the confirmations
for each transaction. They also receive monthly statements showing
the results of their investments, and a comprehensive year end report.
4.
Hughes Investment Management
customizes the investment strategy to make allowances for individual
ethical standards or unique preferences. With Hughes Investment
Management your preference counts.
5. Hughes Investment Management attempts to
hold transactions to a minimum by choosing securities which hold
good potential for the long
term. By this means,
both
commissions and income taxes are held to a minimum. We don't work
for
the broker, we work for you.
6. Our management fee is only
1.75% per year . Management fees
may be automatically deducted from your account.
7. As an
added benefit,
the monthly
Investor's Small Bank Newsletter (regularly $690 a
year) is
sent to our clients at no extra charge. In addition, clients have
full
access to
our website.
8. All the firms we use as custodians including RBC and Ameritrade
are bonded to provide protection for our clients. These brokers provide
excellent
services to all of our accounts, and are recomended because
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