Opening An Account

   The first step in opening an account is an initial discussion with you regarding your investment objectives and risk level. We also discuss with you your preferences regarding types of corporations or countries in which you do not want to invest. We discuss with you how to manage your portfolio in view of income tax considerations. 

   Next, we review with you our Asset Management Agreement form, which states the Limited Power of Attorney that we request in order to trade your account. It also sets forth the management fees and compensation arrangement. The Asset Management Agreement is not a contract for services, which obligates you for any length of time or for any total guaranteed fee. It simply is a statement that you sign certifying that we have discussed with you the nature and practices of our management of your portfolio(s).