GHA utilizes a managed account structure with Fidelity Institutional Wealth Services (FIWS) acting as custodian. Each client opens his own account with FIWS and names GHA as the Investment Advisor. FIWS provides trade receipts, monthly statements, confirmation of all trading activities, year end tax reporting, 1099s and access to the portfolio on-line at any time. Management fees, which range from .625% to 1.00%, are debited in arrears on a quarterly basis. Each investor will be able to monitor and view account status on-line through the FIWS web site at any time.
FIWS provides GHA with access to a wide variety of institutional equity and economic research that has proven to be extremely helpful in assessing prospective investments, economic trends and current market conditions.
Either party may terminate the advisory relationship upon written notice to the other party at any time. Clients may be billed for any pro rata advisory services upon termination.
While FIWS is GHA's preferred platform,
GHA also manages client portfolios on
Charles Schwab's platform.