Why Managed Accounts?

Managed Accounts have several advantages over typical mutual fund investments:

• Transparency: Broker statements show all positions and trades as well as all fees and costs. We provide detailed performance reporting on a monthly basis.

• Liquidity: Many mutual funds have front or back-end loads. There is no cost associated with establishing or closing an account.

• Flexibility: Accounts can be customized to accommodate the client's specific situations.
• Control: Clients retain full control over their assets. Accounts are held at Charles Schwab in the client's name. Pivot Point Advisors has the authority to trade the account for the client, but does not take control of the assets. This allows clients to combine the benefits of our unique stock strategies with the security that established large brokers such as Charles Schwab can provide.
• Tax: Clients are only exposed to the capital gains generated in their account. Mutual fund investors are all exposed to the same capital gains regardless of when they invested.
• Management Fees: We offer significant price breaks for larger investors. Mutual funds generally charge the same fee for large and small investors.
• Execution Cost: Significantly reduced trade execution costs at Charles Schwab are available.