The RIA Difference

We are a Fiduciary

Our goal is to provide information for you to consider when establishing a new financial advising relationship. As a Registered Investment Advisor (RIA) Vector Wealth Management follows the standard that we have the fiduciary duty to act in your best interest at all times through customized investment management, strategic financial planning, and personal consultation.

What is a Registered Investment Advisor?

A Registered Investment Advisor is a person or firm who has registered with the U.S. Securities and Exchange Commission or state regulatory agency in connection with the management of others’ investments. An RIA does not receive income on a transaction for any investment product, but they are generally paid a fee as a proportion of the assets under management.

The RIA is, by definition, a fiduciary, which is required to act at all times for the sole benefit and interest of another, with loyalty to those interests (as defined in Wikipedia).

It is among the highest standards available and is what you should expect in a relationship with an RIA. The use of a fiduciary in managing your assets is not going to guarantee the results of your portfolio but does align the advisor’s interests with your own. The quality of RIAs varies and still should be subject to your normal vetting process and due diligence.

Custodians

Assets are custodied at Charles Schwab or TD Ameritrade and pricing information is downloaded on a daily basis into our portfolio management system to give our clients up-to-date information on their portfolios. Accounts can also be accessed directly on the custodian's website.

 

By having a separate custodian, your assets are physically segregated which we believe to be a very appropriate structure for an advisory relationship. Custodians include:

Compensation

Vector provides investment management services for a fee based upon the market value of assets under our management. All of our wealth management services are incorporated into the fees below.

Our fees are subject to the following breakpoints:
   When your portfolio value reaches a breakpoint, the reduction occurs for the entire portfolio.

Portfolio value between $500,000 and $999,999

Portfolio value between $1 million and $3 million

Portfolio value between $3 million and $5 million

Portfolio value over $5 million

1.0% of assets managed

0.85% of assets managed

0.75% of assets managed

0.65% of assets managed