Frequently Asked Questions

Who is the Broker/Dealer for  Associates of MS Capital Management, L.L.C.?

Jon A. Musa and is a registered representative with and offer securities through First Allied Securities, a registered Broker/Dealer. You can learn all about them at www.firstallied.com. They are regulated by the NASD, and SEC.

www.finra.org
www.sipc.org

Where are my assets held?

Pershing  Securities, Inc. is the custodian of the assets in your account. To find more information about them, please visit their website at www.pershing.com They are regulated by the NASD, SEC, and provide account protection under SIPC laws.

What are my fees and when are they paid?

Your fees are 1.75% annually, which is charged monthly in arrears. For example, a $500,000 account would be debited for the previous month's fees in the amount of $729.16, on the next month statement cycle. If your individual account rises or falls in value, our fee charged rises or falls as well. You may terminate the management agreement at anytime. All transaction charges are paid by clients. In non-ERISA accounts, commissions are charged as follows:

What does discretionary management mean to me?

We will invest your money based on our initial fact-finding discussion. We will continue to be involved in your goals and communicating our progress. We will not call you to ask your opinion or permission regarding the purchase or sale of securities within your account based on your written authorization. We strive to always act in your best interest.

What investments do you use?

We only invest in stocks, bonds, and cash. We never buy mutual funds, or use any offsite separately managed accounts for your money. We do not buy limited partnerships or any proprietary product.

Do you have a minimum investment?

Yes, we manage money for individuals with a minimum of $250,000 in investable assets. We do accept smaller clients, however only on an exception basis.

How often will we meet and talk?

Your money is one of the most important personal topics in your life. Our experience is that we should speak quarterly, and ideally meet in person at a minimum of once per year.

Securities offered through First Allied Securities. A registered broker/dealer. Member NASD

www.finra.org
www.sipc.org

 MS Capital Management, L.L.C. is a registered investment adviser in the state of Arizona. Investment advisory services offered to residents of states in which MS Capital Management, L.L.C. is registered. Neither First Allied Securities nor Pershing  Securities, Inc. endorses or supports this web site, nor are they affiliated with MS Capital Management, L.L.C.