What is an Investment Advisor?
An Investment Advisor is an investment professional that works for you to create an investment portfolio that is best suited to meet your individual needs. Of course not all Investment Advisors are created equal. It is important to choose an Investment Advisor who can meet your specific needs and deliver solid returns with good service.
Your account will be managed by a professional money manager. We monitor the financial markets every day and regularly review your portfolio to insure that an optimal blend of investments is being used to meet your individual goals. This provides our clients with many benefits, including more time to pursue what really interests them.
What makes you different from others who offer similar services?
First, we specialize in investment management, and specifically 401(k) portfolio management. We are not offering this service as a lead-in to sell you insurance, our own mutual funds, or other financial services. Second, we know and specialize in the 401(k) plans of the domestic automakers and their suppliers. We do not know of any other firm who offers more research, knowledge, and pro-active portfolio management, especially at as low a cost as our 401(k) managed account service.
How many offices do you have?
Three. We have offices in Grand Blanc, Michigan; Troy, Michigan; and Naples, Florida.
What is your minimum account size?
We will accept a 401(k) account of any size. Rather than satisfying a minimum account size criteria, we are looking for long-term client relationships. It is important to us to establish a working relationship with our clients where we are satisfied that our investment style will meet your needs over the long run.
What approach to asset allocation and portfolio development does MCM use?
Our strategy is based on a long-term disciplined approach to investing. After reviewing your Client Profile and completing the client interview process, we can develop a portfolio and asset allocation strategy to meet your individual needs and tolerance for risk. We use tactical asset allocation in our ongoing management of your portfolio. This means, as we expect changes in market conditions, we will shift your asset mix and specific funds to maximize opportunities and manage downside risk relative to your objectives. Before investing in a new fund within the 401(k) plan, we thoroughly research it, analyzing the portfolio manager’s style and track record as well as the fund’s asset allocation, top holdings, and industry sector weightings.
Does my money stay with my current 401(k) plan provider?
Yes. Your money stays within your 401(k) plan. We simply re-allocate the assets within your plan on a continuing basis per our tactical asset allocation process. At the point you are ready to take distributions from your 401(k) plan or rollover the funds into another account (Rollover IRA), we can assist with this process.
How will I know what is happening in my account?
You will continue to receive trade confirmations directly from your 401(k) plan provider as you do now when a trade is made in your account. You will also continue to receive regular account statements from your plan provider. In addition, we will send you a detailed, easy-to-read quarterly statement showing your asset allocation, account balances, and growth. We will also include a quarterly review of the markets, our strategy, and an outlook for the months ahead. Furthermore, you still have access to your account balances and other account information at anytime using your plan provider’s toll-free number or website access.
Will you provide advice or manage investments outside of my 401(k)?
Certainly. MCM is an independent Registered Investment Advisor. We manage many different types of accounts for our clients. We will be glad to provide advice on your IRA’s and other non-401(k) investments. We also have managed account programs for non-401(k) accounts, such as your IRA, trust, annuity, and non-retirement accounts, if you are interested. Call MCM toll-free at 1-866-444-6246 to discuss your personal situation and review portfolio management plan options.
I have heard rolling over my 401(k) to a “Rollover IRA” can be beneficial. Do you agree?
Rolling over your 401(k) account to a “Rollover IRA” is a non-taxable event that can significantly increase the investment options available for your retirement savings. For instance, the network we utilize for IRA and non-retirement accounts has thousands of investment options available. Call us toll-free at 1-866-444-6246 to discuss your eligibility for a Rollover IRA.
What are your fees for 401(k) account management?
Clients pay a one-time account set up fee and a quarterly account management fee that starts as low as $124 per quarter.
What are the available methods for payment of fees?
If Mainstay Capital Management is, or will be, managing an IRA or another investment account in addition to your 401(k) account, the management fee for your 401(k) account can be withdrawn from that account on a quarterly basis. This method of payment eliminates any “out-of-pocket” expense for our services. Quarterly management fees can also be charged to a credit card or paid by check.
What if I decide to cancel my relationship with you?
There is never any obligation to stay with our program. So in the unlikely event that you are not completely satisfied, you may terminate the relationship at anytime by notifying us immediately.
How do I get started?
It’s easy. Simply click here for a free information kit
or call us toll-free at 1-866-444-6246.