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What should I know about Kenjol Capital Management, LLC?
Kenjol Capital Management assists high wealth individuals in making smart investment decisions. As a trusted advisor, KCM accomplishes this by working closely with clients to create, implement and monitor investment plans that address their unique financial goals and objectives. As experts in our field, it is the company's goal to provide exemplary asset allocation and investment management solutions so clients can have peace of mind about reaching their financial goals and objectives of tomorrow.
What services do you provide?
Kenjol Capital Management provides total wealth management services including asset allocation, investment management, wealth preservation / risk management, tax, estate and retirement planning, managed products, alternative investments, charitable services and insurance analysis and solutions.
Can you provide references for your services?
Yes, we are happy to provide you with references. However, because we respect the privacy and confidentiality of our clients, we prefer to provide references in the later stages of our investment consulting process.
Is there a minimum engagement amount?
Kenjol Capital Management is focused on working with clients who have available investment resources of $250,000 or greater. These assets under management can include multiple accounts and / or the assets of multiple family members as applicable.
Who manages my assets?
Once the investment consulting process is completed, Kenjol Capital Management will perform an analysis of the available investment management options to determine the most appropriate mix to meet each client's goals and objectives. Our recommendation may include a combination of internal and external investment managers.
Where are my assets held?
KCM has relationships with reputable and well established institutions, and our primary custodial relationship is with Fidelity Investments Institutional Brokerage Group. These strategic relationships allow us to effectively serve our clients while ensuring each client retains full control of their account(s).
If KCM does not have custody of my assets, how does it manage my account?
When your account is established with the custodian, the account is placed in your name and you retain full authority for the account. In addition, when establishing the account, you provide KCM with limited trading authorization on your account. This authority allows KCM or the designated investment manager to initiate buy & sell security trades within your account.
Are my assets pooled with other client's assets?
No, all clients maintain their assets in individual accounts. Each account appears in the client's name.
How are my assets protected?
KCM's primary custodian is National Financial Services (Fidelity Investments). With Fidelity, each client's account assets are covered by asset protection insurance from the Securities Investor Protection Corporation (SIPC) up to $500,000 (including cash claims limited to $100,000). Fidelity has also arranged for additional insurance protection for cash and securities to supplement its SIPC coverage. This additional protection covers total account net equity in excess of the $500,000 / $100,000 covered by the SIPC.
For other custodians, the protection available varies in each case. Please contact KCM for questions specific to other custodians.
Please note: SIPC and Fidelity Investments insurance coverage does not protect against a decline in the market value of securities. Therefore, it is wise to discuss your tolerance for risk with your investment advisor and invest responsibly.
In what ways do I receive information about my account?
You will have access to account information through a variety of methods including:
- 24 hours a day secure access via the Internet to the custodian's site
- Monthly statements from your custodian
- Quarterly reports from Kenjol Capital Management to assess where you are and to help keep you on track
In addition, the advisors at KCM are available during business hours to address any questions that arise.
How is KCM paid for services?
KCM is paid quarterly based on the balance in the account at the start of each quarter.
If I have a retirement account, can I have management fees taken from the account? Is this considered a distribution?
Yes, you may have your management fees taken directly from your retirement account. Management fees are not considered an IRA distribution and are not subject to taxes or penalties.
Why should I consider using an investment advisor?
An investment advisor provides expertise in asset allocation and wealth management. An advisor is focused on understanding the needs of each client and then developing a portfolio that accomplishes those objectives. As a result, individuals can spend time pursuing their own interests versus researching investment options.
An additional benefit is that advisors often have access to experts in the industry that individuals would generally not have access to. As a result, advisors are often more ideally equipped with information related to investment decisions.
How do I go about getting started? KCM looks forward to working with you! To get started, please contact us at 866.453.6565 or 512.506.9395 to schedule an introductory meeting. At the meeting we will talk about your financial needs and determine if you would benefit from KCM's services. From there we will move forward on discussing your financial goals and objectives, which includes establishing your risk tolerance. The next phase would involve developing a personalized investment plan and resulting implementation strategy
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