Investment Adviser services
In addition to Personal Financial Planning services, Thomason Financial Services, LLC offers you two levels of investment adviser services:
- Specific investment advisory services
- Total Account management services
Specific investment advisory services are those requested by you on a stand alone basis and include investment research or data information requests or specific investment recommendation requests. Also, this service includes a complete investment program recommendation, based on an asset allocation planning strategy developed with you, but which is then managed by you or another financial adviser. These services are billed to you on an hourly fee basis. Where possible, I will provide you with a not-to-exceed fee quote before beginning this phase.
Total Account Management services are based on a written agreement between us. I will provide an initial Personal Financial Plan and present a complete investment program recommendation, based on an asset allocation planning strategy developed with you. Then I can help you work with a full-service securities broker of your choice. Alternatively, I can assist you in opening securities accounts in your name with direct access brokers (like E*trade, Schwab, etc.). I will ask you to give Thomason Financial Services, LLC limited authority to access your account on-line and to make securities transactions only when you authorize me. For purchase of any insurance products, I will be glad to refer and/or work with a licensed insurance professional to assist you.
I will monitor and manage your accounts throughout the year. At least semi-annually, I will meet with you to review the performance of your accounts against your Personal Financial Plan. My fee for this service is a tiered fee structure, based on the amount of assets held under management, payable semiannually.
For my current fee structure, please see my Form ADV, Part II - Uniform Application for Investment Adviser registration on file with the NC Secretary of State. Note: this is a 1.9 meg downloadable pdf.
You should note that you will be charged commissions by any securities brokers and insurance agents. Thomason Financial Services, LLC and W. George Thomason are not affiliated with any securities broker/dealer or insurance agency and receive no commissions from the sale of any product.
Remember - you are in total control of your funds. Thomason Financial Services, LLC does not have custody over any funds or have discretionary authority over any securities accounts.