We
assist each client in opening an account with Fidelity Investment’s
Institutional Brokerage Group. Our arrangement with Fidelity offers a
number of important benefits. First, the account remains in the client’s
name while simply giving Vomund Investment Management the authority to
place trades and deduct management fees. In
addition, Fidelity allows us to make trades at commission costs competitive
with discount brokerage houses.
Fidelity
sends individual trade confirmations and monthly account statements to
both the client and to Vomund Investment Management, and clients can view
their account activity on Fidelity’s web page. Vomund
Investment Management sends quarterly statements to all clients. |
