General Questions

Do you offer an initial consultation?
Yes. For clients interested in our investment management services, we offer a free, no-obligation, 60-minute meeting. The general purpose of this meeting is to see if we're a good fit for each other. It gives you the opportunity to learn more about Aspera and to ask any questions that you may have.


Do I have to live locally to be a client?
No. Our clients live throughout the country. For those who are not local, our “meetings” are conducted over the phone and by webinars.


Are your fees tax deductible?
Fees paid for advisory/planning services may be a tax deductible item on your Schedule A, Schedule C (if appropriate), or as a corporate expense if offered as a benefit to executives and/or employees.


What is a fiduciary? Are you one?
A fiduciary has a legal responsibility to put his or her clients’ best interests first. Yes, we act in a fiduciary capacity.


Do you offer financial planning services?
Yes, however, we do not offer comprehensive financial planning services. We've found that few people truly need comprehensive assistance. Many of our clients need advice on just a few planning areas, such as retirement planning and education planning. We help our clients with these targeted issues at no extra cost to them.

 


Investment Management

Do I need a minimum account size (in dollars) to be a client?
No. There is, however, a $3,000 minimum annual fee.


Where are my funds (money/account) kept?
Your funds/money are in your own account in your name at your broker (ie. Schwab, Ameritrade, Fidelity, etc.). If you don't have a broker, we will be more than happy to help you choose one.


Do I have a say in what securities are in my account?
The contract that our clients sign with Aspera gives us discretion to transact on their behalf without consulting them. It is imperative that we be permitted to structure and rebalance our client portfolios as we best see fit if we are to achieve the goals set forth in their investment policy statements. For clients who wish to manage a portion of their assets themselves, we recommend placing those funds in a separate account.

Am I locked into a contract?
No. We do sign a contract, which is necessary, but either party can cancel it at any time in writing as spelled out in the contract. There is no penalty for terminating the contract, but you will be responsible for the payment of services rendered up until the time of cancellation.