Frequently Asked Questions

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Clients sign a limited power of attorney authorizing our firm to buy and sell securities on their behalf.

Our firm does not function as a hedge fund; we do not engage in short selling, borrow funds to take positions, or invest in financial derivatives. Instead, our clients sign a limited power of attorney that permits our firm to purchase and sell securities on their behalf. 

Charles Schwab & Co., Inc. will send you a confirmation for each investment activity in your account the next day, along with a monthly statement of holdings. Additionally, at the end of the calendar year, you will receive a performance report. 

At Fredric E. Russell Investment Management Co., the number of common securities traded across clients' portfolios can vary greatly on any given day. To enhance trading efficiency, we use software programs, including aggregating or blocking trades in securities across clients whenever possible. Upon execution, the pricing of such secured trades is averaged and proportionately allocated among the corresponding client accounts. 

Equities: 1.00 percent per annum, billed 0.25 percent every three months. 

We do not offer investment banking or brokerage services. Our company manages portfolios for clients using publicly traded companies. 

 Our firm specializes in creative thinking. We invest in US common stocks and publicly traded companies with US global headquarters. 

Charles Schwab & Co., Inc., and BOK Financial Corporation execute all purchases and sales while holding all client securities.