How We Deliver Investment Services

How We Deliver Our Investment Services

Here Is Our Approach To Providing You With Investment Advisory Services:

In the beginning, we will meet with you to develop investment goals and strategies that are consistent with your financial planning goals.

Our Investment Advisory Agreement describes our advisory relationship and my firm’s investment practices that apply to you. It also gives us discretionary authority to buy and sell investments for you.

  1. We have chosen Fidelity Investments to be the custodian for our client accounts. Fidelity accounts are insured by the SIPC.
  2. Fidelity will send you monthly statements that will show the value of your accounts and transactions.
  3. My firm will send you a report each calendar quarter that will show the value of your accounts, your accounts’ performance, and other account-related information. The report will show all our fees deducted from your accounts. In the meantime, you can access your monthly statement online through eMoney.

Your Investment Policy Statement

The investment policy statement (IPS) is an agreement between us that outlines general rules for how we manage your accounts. This statement provides your investment goals and objectives and describes the strategies that we can employ to meet your objectives. Specific information on matters such as asset allocation, risk tolerance, income taxes, and liquidity requirements are included in your investment policy statement.  Click here to view or update yours.

How You Will Pay for Services and Products

Our Form ADV and Investment Advisory Agreement include more information about how you pay. We will give you these documents during our first meeting. You also can access them online. We will help you understand the fees you will pay and the cost of any services and products we recommend.

  • You will pay an advisory fee each quarter. 
  • The advisory fee covers our costs to manage your assets and provide other financial planning services. 
  • Fidelity will deduct the fee from your account based on the ending value of your account on the last business day of each of the last three months. 
  • The amount of the fee schedule is disclosed in our Form ADV and Investment Advisory Agreement.

You will pay fees and expenses to third parties when we invest your account in mutual funds and exchange-traded funds (ETFs). 

  • It is our fiduciary responsibility to minimize these expenses as best we can.
  • In addition to the advisory fee you pay us, these products have operating expenses and ongoing fees.
  • Mutual fund and ETF fees and expenses can include investment management fees and shareholder service fees.
  • You will pay fees and expenses to the firm that holds your assets (I.e. Fidelity).
  • You will pay fees and expenses whether you make or lose money on your investments. 

How We Will Be Paid

Seastrunk Financial is a fee-only advisor, we do not receive any commissions or other incentives from third parties. We are paid a salary plus a part of the fees that my firm receives. You will find more information about payments to us in our Form ADV, and Investment Advisory Agreement.

Our Material Conflicts of Interest

We have a conflict of interest whenever we have interests that are different from yours. Conflicts can affect the recommendations we give you. When we have a conflict, we will tell you. You can find more information about any conflicts of interest our Form ADV, and Investment Advisory Agreement. We have policies and procedures designed to help manage conflicts. We will always work in your best interests.

The ways you pay us can create conflicts of interest. Although we are a fee-only firm and do not accept commissions from the sale of financial products the amount we earn from working with you depends, in part, on the amount of assets we manage for you. Therefore, we have an incentive to recommend that you make financial decisions that would result in more assets under our management.

If we provide other services to you in the future, there may be different conflicts. When we have a conflict of interest, we will tell you about it.

If you are concerned about a conflict of interest and how it might affect your account, please talk to me about it.

Your Responsibilities

It is your responsibility to update the information you have given us about your personal and financial circumstances. You will be sent account reports at least quarterly. You should review these documents carefully. Let us know if you want to talk about the information in these documents.

Timing of our Engagement

Our engagement will continue until one of us decides to change or end it. If you decide to change or end the engagement, you just need to tell us. We can do the same, but we will tell you in writing.