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 with good service.
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 commissioned products. Second, we know and specialize in the General Motors, Ford, and Stellantis, among other 401(k) plans. With our staff of Senior Wealth Advisors, we can offer advice and comprehensive solutions for all of your financial planning needs.
How many offices do you have?
Five. We have offices in Ann Arbor, Michigan; Troy, Michigan; Novi, Michigan; Grand Blanc, 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 criterion, 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 with the goal of maximizing opportunities and managing downside risk, relative to your objectives and tolerance for risk. 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 and account balances. 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 any time 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 866-444-6246 to discuss your personal situation and review portfolio management plan options.
What are your fees for 401(k) account management?
Clients pay a one-time account set up fee and quarterly account management fees that start 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 any time 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 866-444-6246.