GETTING STARTED
Getting started with Charles De Rose, Inc. is simple: it entails
merely signing the enclosed management agreement. At that time
De Rose, Inc. takes charge, establishing direct communication
between himself, the client, and the brokerage firm or custodial
bank.
BROKERAGE
De Rose, Inc. never takes possession of assets in portfolios under
our management. Assets are held by either a bank custodian or a
recognized brokerage firm.
CLIENT COMMUNICATIONS
Charles De Rose is personally involved with every aspect
of client services. Thus clients can expect to receive
telephone calls from Charles personally, so that he can
monitor a client’s changing financial condition.
Clients receive confirmations and monthly statements
from their banks or brokers. De Rose, Inc. reconciles
all confirmations and statements. De Rose, Inc. provides
reports quarterly, that thoroughly describe portfolio
holdings, and all related transactions during that period.
FEES
The annual management fee for equity and balanced accounts is
1.25% on the first $1 million of assets in a portfolio, and 1% per
year on portfolio assets above this amount. Fees on fixed-income
accounts are generally lower. All fees are subject to negotiation
based on the size and complexity of the overall account. Clients are
billed quarterly in advance. Fees are billed directly to the account.
MINIMUM ACCOUNT SIZE
Since Charles De Rose is personally involved with each client
portfolio, this limits the number of clients that we can handle and
forces us to set minimum size requirements on those portfolios
under management. As a result, we generally require clients to
maintain a minimum of $500,000 in their portfolios. However,
this requirement may be waived on a case by case basis.
Getting started with Charles De Rose, Inc. is simple: it entails
merely signing the enclosed management agreement. At that time
De Rose, Inc. takes charge, establishing direct communication
between himself, the client, and the brokerage firm or custodial
bank.
BROKERAGE
De Rose, Inc. never takes possession of assets in portfolios under
our management. Assets are held by either a bank custodian or a
recognized brokerage firm.
CLIENT COMMUNICATIONS
Charles De Rose is personally involved with every aspect
of client services. Thus clients can expect to receive
telephone calls from Charles personally, so that he can
monitor a client’s changing financial condition.
Clients receive confirmations and monthly statements
from their banks or brokers. De Rose, Inc. reconciles
all confirmations and statements. De Rose, Inc. provides
reports quarterly, that thoroughly describe portfolio
holdings, and all related transactions during that period.
FEES
The annual management fee for equity and balanced accounts is
1.25% on the first $1 million of assets in a portfolio, and 1% per
year on portfolio assets above this amount. Fees on fixed-income
accounts are generally lower. All fees are subject to negotiation
based on the size and complexity of the overall account. Clients are
billed quarterly in advance. Fees are billed directly to the account.
MINIMUM ACCOUNT SIZE
Since Charles De Rose is personally involved with each client
portfolio, this limits the number of clients that we can handle and
forces us to set minimum size requirements on those portfolios
under management. As a result, we generally require clients to
maintain a minimum of $500,000 in their portfolios. However,
this requirement may be waived on a case by case basis.
| Charles De Rose, Inc. 3004 Old Bridgeview Lane Charleston, SC 29403 For immediate assistance, please contact Andria toll free at 800-678-3620 or 941-330-0182 |
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