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Straight Answers to Your
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| 1. | Can you help me with other planning issues? | ||
Yes. I like to help my clients in all areas, such as retirement planning, college planning, estate planning, tax planning and long-term care. |
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| 2. | What sort of investments do you most frequently recommend ? | ||
I most frequently recommend mutual funds. Mutual funds can provide diversification, professional management, liquidity, and have a track record. Please note that the principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Mutual funds are sold by prospectus only. Diversification does not eliminate the risk of market losses. Past performance is no guarantee of future results. |
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| 3. | Does NEXT Financial Group, Inc. have any proprietary mutual funds? | ||
| No, NEXT Financial Group has no proprietary funds. This allows us to make available a broad array of mutual funds from numerous investment companies. | |||
| 4. | Is a fee-based account suitable for retirement accounts, such as rollover IRA's ? | ||
| Yes. Investors should consider all factors, including cost, to determine whether a fee-based account is appropriate. | |||
| 5. | I like to frequently trade stocks. Is that the sort of account you work with? | ||
| Although I am licensed to buy and sell stocks for you, my practice does not include actively monitoring and providing advice on individual stocks. Thus, you may not be happy with me as your investment professional. | |||
| 6. | I like frequent calls from my broker. Do you call frequently? | ||
| I call annually to set up portfolio reviews, but otherwise, infrequently. I feel my time is best spent responding to client initiated calls where there is a specific planning issue or other concern. | |||
| 7. | Can the account hold individual stocks? | ||
| Yes. We can help you buy, sell, and hold stocks that you feel comfortable with. | |||
| 8. | Are there ticket charges when you buy or sell mutual funds? | ||
| As part of my professional services, I pay all the ticket charges for the initial investment and annual rebalancing. | |||
| 9. | What funds do you handle? | ||
Almost every mutual fund family available in the United States including American, Vanguard, Fidelity Advisor, T. Rowe Price, Oppenheimer, and others. Mutual funds are sold by prospectus only. Consider the investment objectives, risks, charges, and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. Prospectuses may be obtained from the investment company or from your registered representative. Please read the prospectus carefully before investing. |
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| 10. | If you recommend a load fund (a fund with a sales charge), do you charge both a sales charge and a fee? | ||
You do not pay a sales charge in a fee-based account. The load funds I recommend are sold on a load-waived basis. As part of my professional services, I pay all the ticket charges for the initial investment and annual rebalancing. Other expenses apply to an ongoing investment in the fund and are described in the fund's current prospectus. Investors should consider all factors, including cost, to determine whether a fee-based account is appropriate. |
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| 11. | How frequently do you get together with clients? | ||
| I recommend annual meetings at which time we review the performance of your portfolio and may consider rebalancing it if appropriate. However, I am happy to meet with clients anytime there is an issue or concern. | |||
| 12. | If I have a question or concern am I free to call you? | ||
| Yes. I welcome your calls. | |||
| 13. | Are there additional maintenance fees for retirement accounts? | ||
| Yes, typically the account maintenance fee for rollover IRA's is $35/year. Other plans may be $50/year. | |||
| 14. | Do I have to write a check for your fee? | ||
| No check need be written if you maintain an adequate cash balance in your account. It may be deducted automatically from your account. | |||
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visit the "Clients" section of www.nextfinancial.com.