How are you paid? We are fee only advisors. Our only compensation comes from the fee we charge based on the value of the assets placed under our management. This fee is deducted from the account(s) of your choice, on a quarterly basis in advance. You receive a copy of our fee invoice every quarter. When we meet with you, we will provide you with our disclosure document outlining our fee structure.
What are your account minimums? Our account minimum is currently $250,000. Our clients understand that we cannot be all things to all people. In fact, our clients prefer it that way.
Can you take my money and "head to Mexico"? No. All of your investments are housed by the "custodian" of your assets, Fidelity Investments. We recommend that all of our clients establish their accounts with Fidelity Investments, one of the world's largest mutual fund and brokerage firms.
Do you work for Fidelity? No. We are an independent firm registered in the State of Maryland. Fidelity Investments serves as the custodian of our clients' accounts.
Do you require discretionary trading authority over the accounts? We recommend that our clients allow us full discretion over the investments they entrust to our management. Discretion allows us to try to efficiently and effectively manage your accounts. We believe that our time is best spent working on our clients' portfolios, rather than talking on the phone.
How can I work with Beacon Investment Advisors LLC? Interested potential clients may contact us at (301) 670-1700 or click here for additional contact information. We welcome the opportunity to speak with you.