Who are your clients?

Our clients include high-net-worth individuals and families, endowment funds, and retirement and profit-sharing plans for individuals and small or mid-size businesses. We also serve as investment consultants in the family office space. The majority of our clients are US citizens, though we work with several families living abroad as well.

 

Although our clients have diverse backgrounds and financial goals, they are united by one overarching trait: a commitment to long-term-focused investing. Those seeking trading or short-term investment strategies will be better served by other firms.

 

Are you a fiduciary?

Yes. We are steadfastly committed to providing investment management and advice aligned with your unique circumstances, goals, and risk tolerance. At Roberts Glore, clients come first.

 

What are your assets under management?

We currently manage or advise upon roughly $570 million of investment assets. Our average client holds between $1 million and $3 million with our firm, though we also serve a select group of clients with portfolios of $10 million or more.

 

Is there a minimum account size?

We generally welcome new clients with portfolios of $500,000 or more. If you would like to work with us but fall short of that threshold, please contact us to see whether we might be able to come to a mutually acceptable arrangement.

 

Where do your clients custody their assets?

Clients are welcome to custody their assets wherever they choose. The majority of our clients maintain custody with National Financial Services, LLC (“NFS,” a subsidiary of Fidelity Investments).

 

Where do you execute trades for your clients?

Our clients who maintain custody with NFS generally direct us to execute trades through LaSalle St. Securities, LLC, an independent broker-dealer based in the Chicago area. For clients who custody their assets elsewhere, we may be able to arrange for a delivery-vs.-payment (“DVP”) arrangement, whereby we execute trades through LaSalle St. Securities on their behalf. Otherwise, trades must be executed through outside custodians’ trade desks.

 

How are you compensated?

We are primarily a fee-only investment adviser. This means that the vast majority of our compensation comes in the form of advisory fees charged as a percent of the assets we manage or advise upon for our clients. We find that this arrangement aligns our interests with those of our clients. If our clients’ portfolios grow in value, our fee revenues rise commensurately; if their portfolios fall, so does our fee.

 

For discretionary advisory clients, the following fee ranges apply:

 

Assets under Management Annual Fee as a Percent of AUM
Up to $500,000 1.25%
$500,000 to $1,000,000 1.00%
$1,000,000 to $2,000,000 0.90%
$2,000,000 to $3,000,000 0.85%
$3,000,000 to $5,000,000 0.80%
$5,000,000 to $10,000,000 0.70%
Over $10,000,000 Negotiable
Bond- or Fund-Centric Portfolio Negotiable

 

Do your portfolio managers invest their own funds in your investment strategies?

Yes! The majority of our portfolio managers’ liquid net worth is invested in the same strategies we pursue for our clients. We feel that the surest way to sharpen our focus is to invest alongside our clients. In other words, we eat our own cooking. That way, we reap the rewards of effective investment analysis—and suffer the consequences of any mistakes. In fact, our mistakes hurt us twice; they harm our own portfolios, and they result in lower fee revenues for our firm. Thus, our incentive is to strive for long-term value creation, both for our clients’ portfolios and for our own.

 

Do you use mutual funds and exchange-traded funds?

Yes, in select cases. Our preference, particularly for the equity portion of our clients’ portfolios, is to buy individual securities that offer the potential for attractive long-term returns vis-à-vis relevant benchmarks. If we feel our ability to add value in a given sector or asset class is more limited, we may opt to use low-cost, no-load mutual funds or exchange-traded funds. Generally, we use such funds for exposure to certain types of bonds, foreign equities or currencies, or commodity-related indices, or to achieve greater diversification in certain cases.

 

Investors should consider a mutual fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other important information, is available from your financial advisor and should be read carefully before investing.

 

Do you use leverage (a.k.a. margin) in your investing strategies?

No. We do not advocate the use of margin in investing.

 

How often do you review your clients’ portfolios?

On average, we aim to conduct in-depth portfolio reviews two to four times annually for each of our clients, depending on market conditions. We also monitor the securities held by our clients on a daily basis, and we may take action to add or sell securities at any time for our discretionary clients’ portfolios (or recommend such actions for our non-discretionary clients) as we deem appropriate.

 

Can I view my Roberts Glore portfolio online?

Yes. Clients who maintain custody with NFS are able to view their portfolios (including current holdings, market value, history, statements, and trade confirmations) using a proprietary web-based tool called MyStreetscape®. Simply let us know that you’d like to activate your login, and we’ll walk you through the setup process.

 

Where can I find your Form ADV Part 2?

Right here. (Form ADV Part 2 is a regulatory disclosure document required by the SEC.)

 

Do you provide financial planning services in addition to investment advice?

Yes. In addition to our primary focus on investment management, we also provide financial planning consultations touching on such matters as strategic tax, estate, and retirement planning; intergenerational wealth transfer; 401(k) rollover options; insurance; personal or business asset and liability management; educational funding; income and spending management; and comprehensive financial goal-setting, etc. Our fees for financial planning are negotiable and depend on the complexity of your situation. Please contact us if you would like to learn more.

 

How can I contact you?

Please click here for our contact information. We would gladly welcome an opportunity to connect with you.