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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 https://www.firstallied.com.
They are regulated by the NASD, and SEC.
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.
NASD.COM
SIPC.ORG
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:
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Equities - $35/trade
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Bonds - $50/trade
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Options - $35/trade + $1.50/contract
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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
NASD.COM
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.
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