Our Services   continued

   Here is the process of establishing a money management account with SCM, which is also discussed further under Opening An Account. A custodial account is established with a third party in your name and tax identification number, at which time you authorize SCM to trade the account. The custodian is also a national institutional brokerage firm that specializes in serving independent money mangers. The custodian will send to you trade confirmations on each transaction and monthly statements, including any cash positions and a chronological listing of each activity in the account. Also, SCM will provide to you quarterly statements, quarterly investment analysis summaries, and semi-annual performance reports. 

SCM Associates is a client-friendly firm. We will maintain contact with you, particularly in the early stages of establishing your portfolio. The process begins with meetings with you to determine your investment objectives and risk tolerance. After the account is established, a principal of the firm is available to answer your questions and to fine-tune with you the investment strategy that we will use in managing your portfolio.