Added security – measures we take to protect client assets
We have partnered with Charles Schwab to act as the custodian of our clients’ to ensure their security.
Loyalty – to YOU
RIAs are regulated and bound by a fiduciary duty to their clients, which means we have a fundamental obligation to provide investment advice that puts your interests ahead of our own. Our loyalty is to you, the client. The Fiduciary Standard requires us to strive to trade securities with the best combination of low cost and efficient execution and avoid conflicts of interest. By contrast, brokers follow a suitability standard, which requires only that broker-dealers reasonably believe that any recommendations made are suitable for clients in terms of the client’s financial needs, objectives, and unique circumstances. In addition, brokers’ loyalty goes to serve the broker-dealers they work for and not necessarily their clients, which may lead them to recommend securities based on the commission they may receive as opposed to the client’s best interest.
Customized plans – included
Everyone has a different plan based on what they value, and at Murray Street we believe everyone should have a customized financial plan that reflects their goals, values and risk tolerance. Beyond our fiduciary duty to ensure investment advice is as accurate and complete as possible, we create comprehensive financial plans that serve as an investment blueprint. We will review your Comprehensive Financial Plan with you no less than twice a year. Whether individual, family, nonprofit or pension fund, we take the time to determine your needs, which enables us to strip out as much unnecessary risk from the portfolio management process as possible to ensure your portfolio is appropriately asset allocated. Why take on risk you don’t have to?
Personal attention
You don’t have to be a big investor to be treated like one. We feel every investor deserves the same level of service and we work to help individuals and families of all sizes, regardless of where you are in the wealth-building lifecycle. Personalized attention, responsive service and frequent plan review are our hallmarks.
Comprehensive resources
In keeping with our focus on clients’ entire financial picture, we have developed a trusted network of licensed professionals such as family law attorneys, estate planning attorneys, and CPAs to provide a full range of resources and a team that looks out for you. If you already have a team of professionals, we work in conjunction with their efforts.