Investment Advisor Representatives

Registered Investment Advisors and their representatives are independent advisors who charge for their investment advice or charge a management fee.

Advantages:

• Offer true no-load funds
• Greater variety of investments
• Function as fiduciaries to your account
• Unbiased investment advice
• You know exactly what you are being charged
• Able to buy funds at lower cost (Institutional Shares)

Working with an Investment Advisor Representative:

• Management fees are charged by the hour or a percent of assets
• Active account management
• Typically uses Modern Portfolio Theory with Mutual Funds

"Picking the right person to look after you money is vital. I'm convinced that knowing the talent you're hiring and knowing what the talent is buying with your money is the paramount consideration in mutual fund investing."

Louis Rukeyeser
Mutual Funds Magazine January 2005

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