In the Stifel Solutions Program, approved Financial Advisors manage their clients’ assets on a discretionary basis through the consistent application of a pre-screened investment process. Since all investment decisions in a Solutions account are made by the Financial Advisor on the client’s behalf without having to receive prior approval, it enables the Financial Advisor to quickly react to volatile market conditions in order to execute the investment strategy. It is also paramount that Solutions clients have detailed knowledge of their Financial Advisor’s individual investment philosophy and decision-making process before entrusting him or her with their portfolio. There is no guarantee that the objectives of the portfolio strategy will be achieved.
The Stifel Solutions Program has an annual asset-based fee, charged quarterly, that covers costs, including trade execution, custody, and performance reporting. There may be other costs associated with the Stifel Solutions Program, including but not limited to: exchange fees, transfer fees, interest expense, trade surcharges, and closing costs. Ask your Financial Advisor for a Disclosure Brochure, which further outlines the fees, services, exclusions, and disclosures associated with this program. You should consider all terms and conditions before deciding whether the Solutions Program is appropriate for your needs.