How MIM Works
MIM is a Registered Investment Advisory business. MIM is fee-only, which means that we cannot accept commissions for selling products. Instead, we charge a flat percentage fee based upon the value of your account. MIM is registered with the State of New Jersey, Bureau of Securities, located in Newark, NJ. We are not a brokerage firm, and we do not have custody of your money. Instead, we manage your assets at discount brokerage firms.
MIM recommends that clients custody their accounts with the TD Ameritrade Advisor Services division. You receive all the benefits of being a TD Ameritrade client, and MIM can manage your portfolio in an efficient manner online.
MIM is hired by you, and we work for you. We are not affiliated or associated with any other firm. We believe that being independent, fee-only advisors aligns us with you. Achieving your financial goals is our only benchmark of success. |
Our Investing Process: Someone to Watch Over You
First we discuss you. What you need, what you want, what you have, what your financial needs and necessities are.
We then create an informal, flexible Investment Plan. In our Investment Plan, we balance those investments that you need to meet your goals, with current market conditions. To be successful, investments need to be in-sync with the economic and investment environments.
Once the accounts are opened and funded, MIM then builds your investment portfolio. Your account will be unique to you. We do not plug you into a model portfolio. We build a portfolio for you based on current market opportunities.
Because you are paying MIM to monitor your account on an ongoing basis, that is what we do. As market conditions change, we buy and sell in your account. We may hedge your portfolio against loss, we could go to cash, or we may use margin (long or short) if we see opportunity.
Tax Management: MIM believes that managing accounts with an eye towards tax efficiency is an important part of the money growth process.
Tax Reporting of gains/losses: MIM and TD Ameritrade make it easy for you and your accountant to report your closed positions.
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