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Frequently Asked Questions

Read through the questions and answers by clicking on each of the questions below.

What is a Fee-Only Financial Advisor?

Fee-only financial planners are compensated by their clients exclusively. They are not paid commissions or trail fees, nor do they receive any other form or compensation from third-party vendors. Fee-only planners do not sell any products or proprietary funds from parent or affiliated companies. We believe this is the best way to provide conflict-free solutions to our clients.

What is the difference between an RIA and a traditional stock broker?

The main difference is this: a Registered Investment Advisor (RIA) has a fiduciary responsibility to you — a Broker may not. A Registered Investment Advisor (RIA) has a fiduciary duty to place a client's interests ahead of his/her own. Brokers have no such obligations. A Broker is essentially a sales agent—and rather than your interests coming first, a Broker's first duty is to his/her firm. A Broker is encouraged to sell you his/her firm's products— not always your best buy—and not always in your best interests. You may not be offered the most economical fee/commission payment option, or fees might be hidden, disguised or paid by the funds to the Broker.

Brokers do not always clearly describe themselves as Brokers but there is a big difference between a Registered Investment Advisor and the other similar titles used by Brokers such as financial advisor, financial consultant, or financial planner. The nature of a Broker's compensation and his/her relationship with his/her employer might seriously diminish a client's chance of achieving a fee-efficient, tax-efficient, well-performing portfolio. If a Broker takes commissions from the funds that he/she buys, his/her decisions might be biased or self-serving. The integrity of advice might be compromised. When sales incentives or job security issues drive a Broker's buying decisions, his/her client's interests might suffer.

  • Knowing this will help you recognize who you are dealing with—a Broker or a Registered Investment Advisor.
  • With Grecu Capital Management as your fiduciary, you have peace of mind knowing we're on your side. Grecu Capital Management has a legal and moral obligation to put your interests first, above all others.
  • We will always act in good faith and with candor.
  • We will disclose any conflicts of interest that may impact you.
  • We will not accept any referral fees or compensation that is contingent upon the purchase or sale of a financial product.
What is your investment minimum?
We are accepting new clients with a minimum of $500,000 to invest.
Is it mandatory to begin with financial planning services?

Yes, unless detailed planning work has been done just prior to engaging Grecu Capital Management, Inc. We consider financial planning to be a core feature of our wealth management offering.  In order to support you at a high standard, it is critical that we understand your goals and objectives, but also specific financial information relevant to your planning objectives. In the long run, taking a more holistic approach to your finances allows us to align your investment plan to what is important to you versus plugging your assets into a pre-set model portfolio.  

Will you work with our CPA, attorney and other professional contacts?

Absolutely. Working with your professional team is critical to your financial plan’s success. Many of our clients look at us as quarterback or CFO of their financial team, making sure that the various parts work in a coordinated fashion.

How are my accounts billed?

Clients accounts are billed quarterly. The management fee is directly proportional to the amount of assets that GCM manages. You will receive a statement showing exactly how your fee was calculated.

How often will I receive statements?

You will receive performance reports from GCM every quarter and a Realized Gains and Losses report at year’s end. In addition, the custodian will send you monthly statements. Trade confirmations will also be mailed to the address of record upon settlement day.

How do I get online access to my accounts?

A link to the custodian is located on our homepage for your convenience. When prompted, simply enter your User ID and Password. You will be able to view all transactions, positions and balances of all your accounts on either an individual or consolidated basis, should you have multiple accounts.

Will I need to move my assets to a certain custodian to work with you?

You may need to change custodians. We have done extensive research on the marketplace and have found that Fidelity Investments has the most comprehensive suite of services to meet the needs of our clients. We review these arrangements periodically to determine if other options are more appropriate.

Will Grecu Capital Management hold my assets directly?

No. Grecu Capital Management, Inc. is not a custodian and therefore will never take custody of your assets.