Frequently
Asked
Questions

How can we help you?

Most Frequently Asked Questions

  • What We Do? (Services)

    Financial Planning 

    There are 3 (three) approaches to Financial Planning: Single issue, Multi-purpose or Comprehensive plans.

    Your CERTIFIED FINANCIAL PLANNER™ will determine which approach best meets your financial needs, goals and objectives based on data-gathering information provided by you the investor/client.

    (note* CERTIFIED FINANCIAL PLANNER™ words in all caps is not an error throughout the website, this is a Legal requirement by the Certified Financial Planning Board of Standards in usage of their Trademark requirements)

    Based on the CFP (Certified Financial Planning) Board of Standards, below are the specialized services a Crystal Brook Advisor, CERTIFIED FINANCIAL PLANNER™ offers:

    • Investment planning and Advice
    • Pension/Retirement Planning
    • Comprehensive Planning
    • Estate Planning
    • Portfolio Management
    • Income Tax Planning
    • Insurance Planning
    • Education Planning
    • Elder/Long Term Care Planning
    • Closely-Held Business Planning
    • Financial Planning
    • Employee Education
    • Income Tax preparation (note* consult with your tax professional for filing of your taxes)
    • Divorce Planning

    Additional Financial Planning, Investment Advice and Management Services include:

    • Digital Online Investment Account (Robo Advisor Account)
    • Business and Employee (examples: Sole Proprietor, S Corp, C Corp, LLC, LLP)

    General overview of the Financial Planning process

    Step 1 – An assigned CERTIFIED FINANCIAL PLANNER™ will first establish your and the Planner relationship. An outline of the responsibilities of the CERTIFIED FINANCIAL PLANNER™ and what your responsibilities are as an investor. Your CERTIFIED FINANCIAL PLANNER™ will disclose the length and scope of the relationship (one-time engagement or on-going engagement), as well as the method of compensation. Depending on the complexity of your planning needs, the CERTIFIED FINANCIAL PLANNER™ will determine which planning approach is best for you (single, multi-purpose or comprehensive).

    Step 2 – The CERTIFIED FINANCIAL PLANNER™ will gather data from you including broad and specific goals and objectives. You will complete a risk tolerance questionnaire, which will determine how much risk you are willing to sign up for and how well you understand investments. No worries, if you are a beginner investor, you will be educated about the different types of investments and accounts based on your situation. Data gathering may include documents such as paystub, tax returns, wills, trusts, investment statements, will be requested (if this applies to you or business entity) to establish constructive outcomes. Your CERTIFIED FINANCIAL PLANNER™ will ask you questions about what is your comfort level as it relates to money and investing.

    Step 3 – Your data gathering will be analyzed within the context of meeting your goals, needs and what is important to you.

    Step 4 – Upon completion of analysis, your CERTIFIED FINANCIAL PLANNER™ will develop recommendations and alternatives based on the evaluation of your data gathering.

    Step 5 – You and your CERTIFIED FINANCIAL PLANNER™ will determine what the monitoring responsibilities of your accounts will be. For example, how will your account be monitored – daily, monthly or annually?

    Investment Planning and Management – Investment Planning and Management consists of nine steps:

    1) Developing an understanding of your goals.
    2) Identify a target rate of return
    3) Agree on time horizon
    4) Determine your risk tolerance and capacity for risk
    5) Define asset classes
    6) Determine an appropriate asset allocation
    7) Create your Investment Policy Statement
    8) Select the investments
    9) Monitor and adjust as needed

    Your CERTIFIED FINANCIAL PLANNER™ will describe the relationship between the number of securities in a portfolio, the types of securities in portfolio and the riskiness of your portfolio. Portfolio rebalancing is key and will be discussed. Aspects of investment selection including investment effort, minimum investment size, ethical and moral issues, different tax treatments, and concentrated portfolios. Dollar-cost averaging plan will be explained; how it works and examples in your plan. Your CERTIFIED FINANCIAL PLANNER™ will explain to you in a “common sense” way to look at the portfolio and investment process.

    College Savings Plans – College Savings Plans are investment plans for funding (paying) your children’s college education. Crystal Brook Advisors will develop a plan which best suits your family education funding planning needs.

    Estate Planning – Estate planning encompasses the accumulation, conservation and distribution of your assets. The overall purpose of the estate planning process is to have a planned and orderly disposition of assets to people or organizations of your choosing. Estate Planning can provide financial security during retirement years and ensure your intended beneficiaries receive what you want. Your advisor will develop a plan that best suits your immediate, as well as anticipated needs and desires, with the objective of preparing you to see an attorney that will places your wishes into the proper legal format.

    Trust Planning – There are many different types of trusts; individual, family, corporation, social or charitable, to name a few. Trusts may be designed to accomplish one or many goals in respect to family, property, investment distribution. Your CERTIFIED FINANCIAL PLANNER™ will develop a plan that best suits your immediate as well as anticipated needs and desires. Only an attorney can prepare and execute trusts.

    Business Planning – A CERTIFIED FINANCIAL PLANNER™ advises businesses how to start a new business entity by defining business entity, e.g. Sole Proprietor, LLC, LLP, S Corp, C Corp and your Business Succession agreement. The CERTIFIED FINANCIAL PLANNER™ will assist you in in identifying the employee benefits plan that meets your business planning needs. A few employee benefit plan examples include 401(k), 403(b), 457, Executive Compensation, Defined Benefit to name a few. Advisory solutions include: business strategy, asset allocation management, implementation and monitoring your employee benefit plans. The CERTIFIED FINANCIAL PLANNER™ will assist you in identifying the risk management (insurances) plan e.g. Health insurance, Life insurance and Disability insurance that meets your employee benefit plan needs. If you are established corporation, we offer confidential comparative analysis of your existing plans identifying administrative, management fees, asset allocation and managers, customer service and support.

    Retirement Planning – Retirement planning is the planning one does to be prepared for life after paid work financially but in all aspects of life. The non-financial aspects include lifestyle choices. How to spend time in retirement, where to live, when to completely quit working? There are many different types of retirement investment accounts which will meet your planning needs. Retirement Plans include: Traditional IRA (Individual Retirement Account), Roth IRA, SEP IRA, SIMPLE IRA, 401(k), Individual 401(k), 403b, 457. Your CERTIFIED FINANCIAL PLANNER™ will help you in identifying the Investment Retirement Plan, which meets your financial planning and investing needs.

    Insurance Planning – Insurance provides an individual, family or company with the protection need against the risk, possibility and probability of sustaining a loss, in life, property or value. So what are the risks? There are many types of insurance, which will meet your insurance planning needs. Your CERTIFIED FINANCIAL PLANNER™ will assist you or your company in identifying the type of insurance, which meets your individual or company protection needs as well as your Estate Planning needs.

  • Who is eligible to open an account? (Opening an Account)

    Legal U.S. resident, 18 years of age or older. A resident will possess a valid Social Security Number or Tax Identification number. Non-US citizens are eligible if pending U.S. immigration documentation is filed, or an Individual (non-US citizen) is married to a U.S. citizen.

     

  • What types of accounts may I open at Crystal Brook Advisors? (Opening an Account)
    • Digital Online Investment Account (Robo Advisor Account)
    • Individual Account
    • Joint Accounts
    • Wrap Account
    • JTWOS (2 or more account holders)
    • Joint Tenants in Common (2 account holders)
    • 529 College Savings Plan
    • Coverdell College Savings Plan
    • Traditional IRA (Individual Retirement Account)
    • Roth IRA
    • Individual 401(k)
    • SEP IRA
    • SIMPLE IRA
    • 401 (k) – (company/organization retirement plan)
    • 403b – (company/organization retirement pan)
    • 457 – (company/organization retirement plan)
    • Deferred Executive Compensation Plan
    • Employee Benefits: Health, Disability and Life Insurance
    • Defined Benefit Retirement Plan
    • Estate Account
    • Trust Account
    • Advantage Account (Debit Card and Checking Writing).
    • Individual Insurance Accounts: Life Insurance, Disability Insurance and Long Term Care Insurance
    • Business Insurance
    • Financial Planning for Non-US Citizens

    A CERTIFIED FINANCIAL PLANNER™ and New Accounts Department representative will assist you in opening your new account. If your account is held at another organization, we will seamlessly help you transfer your account to Crystal Brook Advisors.

  • How will you create my investment strategy? (Services)

    We recognize that each client’s needs and goals are different; subsequently client portfolio strategies and underlying investment vehicles will vary. Our firm and recommended third‐party investment managers may employ active, Core + Satellite and/or passive account management strategies.

    Common strategies utilized within a client’s portfolio:

    Active Asset Management A portfolio manager engaging in an active asset management strategy believes it is possible to create a profit from identifying or leveraging mispriced securities, or producing similar returns with less risk, or producing returns greater than a stated benchmark, such as a well‐known index. For example, a “large cap stock” fund manager might attempt to outperform the Standard & Poor’s 500 Index by purchasing underpriced stocks or derivative instruments representing these positions. At times, a portfolio manager may attempt to preserve capital during times of high risk through the use of cash and cash equivalents, and the percentage of account holdings invested in the market may vary substantially based on what is believed to be the prevailing risk in the market. For example, if a manager feels risk in the stock market is low, he might increase exposure to equities to attempt to take advantage of growth opportunities. When risk in the stock market is considered high, all of or a portion of the portfolio’s equity exposure may be moved to more stable short‐term fixed income instruments and cash equivalent alternatives in order to preserve capital.

    Passive Account Management Our passive strategy is based on Modern Portfolio Theory; selecting securities whose price movements have historically low correlations to create efficient portfolios that offer the highest expected return for a given level of risk, or one with the lowest level of risk for a given expected return. This practice does not employ market timing or stock selection methods of investing but rather a long term, buy‐and‐hold strategy with periodic rebalancing of the account to maintain desired risk levels.

    Recommended Investments We will strive to create portfolios that contain investment vehicles that are diversified, tax‐efficient, and low‐cost whenever practical; typically, holdings are a broad range of mutual funds, ETFs and individual securities (e.g., stocks and bonds). Clients we may recommend master limited partnerships, real estate investment trusts, as well as certificates of deposit or other cash equivalents for non‐correlation and/or risk‐expression.

  • How do I rollover my direct qualified retirement plan 401(k) to my new individual IRA (Individual Retirement Account) at Crystal Brook Advisors? (Opening an Account)

    The Plan Administrator of the plan generally performs direct Rollover from your 401(k). In most cases, the Plan Administrator will require documentation from you, the former employee. You should first contact your former employer to see if the Employer/Plan Administrator has a specific form that is required for Direct Rollovers to Trade PMR, (our introducing broker dealer) and if the rollover can be processed through the ACAT system (electronic account transfer system).

    Below are the 2 (two) steps to open your account:

    • Open up an IRA account at Crystal Brook Advisors/TradePMR (our introducing broker dealer).
    • Request a distribution form and most recent account statement from your 401(k) provider Plan Administrator, “delivering firm” (this is where your 401(k) is currently held). Your 401(k) Plan Administrative provider is your former employer’s Plan Administrator. Complete your 401(k) Plan Administrator provider form to rollover your 401(k) to First Clearing LLC, the “Receiving Firm” (Custodian) for Crystal Brook Advisor.

    Include your new IRA account number you will receive from TradePMR (our introducing broker dealer) on the “Receiving Firm” area of the form (Plan Administrator of the plan). Alternatively, your CERTIFIED FINANCIAL PLANNER™ will provide you with your new IRA account number.

    Confused and don’t want to deal with this? Crystal Brook Advisors can assist you throughout in the 2-step account opening process.

    US Postal mail the forms to:

    TradePMR, Inc.
    P.O. Box 358239
    Gainesville, Florida 32635-8230

    Note* If you elect not to U.S. Postal mail the form, you may forward the form to your CERTIFIED FINANCIAL PLANNER™ for processing.

    Questions? Contact your CERTIFIED FINANCIAL PLANNER™ at: info@crystalbrookadvisors.com

Account Types

  • What is an Individual account?

    Only one account holder/only one signer. Also commonly referred to as a ‘Taxable’ account. No other documentation is required to open, just the application and proper identification.

  • What is a JTWROS (Joint Tenants Rights of Survivorship) account?

    Two or more account holders are required. No other documentation required to open, just the application and proper identification. Once one account holder passes away, the other account holder can open an Individual account to receive the full account balance.

  • What is a Joint Tenants in Common account?

    Two account holders are required. No other documentation required to open, just the application and proper ID. A surviving tenant of the account does not necessarily acquire the rights of the deceased person. Usually the ownership of the account is split 50/50 and the deceased person’s share passes to the deceased estate (not to the other account holder).

  • What is a Tenants by Entirety account?

    Two account holders are required. No other documentation is required to open, just the application and Identification. It allows spouses to own property together as a single legal entity.

  • What is a Wrap Account Program?

    Crystal Brook Advisors manages an investor’s portfolio for a flat quarterly or annual fee. This fee covers all administrative, commission, and management expenses. Sometimes this also includes funds of funds. We offer a wrap fee investment program for those investors with an account value of $50,000 or greater of investable assets that are managed by our firm. While our investment management strategies are similar to our unbundled services noted in this brochure, we incorporate our services and associated costs of the investment advisory process into an asset‐based fee, such as our investment management fee and associated transaction charges. We ask that interested eligible parties review our separate Form ADV Part 2A ‐ Appendix 1 Wrap Fee Program Brochure for further details. Forms of payment are based on the types of services being provided, term of service, etc., and will be stated in the client’s engagement agreement with the firm. Payment is made by check or teller’s draft as well as through qualified, unaffiliated third‐party processors or the custodian of record maintaining the client’s account; both requiring prior written authorization. We do not accept cash, money orders or similar forms of payment for advisory engagements.

General Questions

  • What are the financial risks I should think about when making an investment?

    Equity (Stock) Risk, ETF and Mutual Fund Risks, Fixed Income Risks, Credit Risk, Duration Risk, Interest Rate Risk, Liquidity Risk, Reinvestment Risk, Index Investing Risks, Master Limited Partnerships (MLPs) Risks, QDI Ratio Risks, Real Estate Investment Trusts (REITs) Risks, Failure to Implement, Financial Risk, Company Risk, Core + Satellite Strategies Risk, Inflation Risk, Market Risk, Political Risk, Technical Analysis Risk.

    Expected returns and risk characteristics are no guarantee of actual performance. Your CERTIFIED FINANCIAL PLANNER™ will discuss the definitions of these risks in greater detail with you.

  • Do you offer Socially Conscious Investing and would you recommend it?

    Yes. If you are interested in your portfolio to be invested according to socially conscious principles, it isimportant to note that returns on investments of this type may be limited and because of this limitation you may not be able to be as well diversified among various asset classes. The number of publicly traded companies that meet socially conscious investment parameters is also limited, and due to this limitation, there is a probability of similarity or overlap of holdings, especially among socially conscious mutual funds or ETFs. Therefore, there could be a more pronounced positive or negative impact on a socially conscious portfolio, which could be more volatile than a fully diversified portfolio. Expected returns and risk characteristics are no guarantee of actual performance.

  • Are their risks involved in investing in Real Estate Investment Trusts (REITs)?

    Yes. Risks involved in REIT investing may include (i) following the sale or distribution of assets an investor may receive less than their principal invested, (ii) a lack of a public market in certain issues, (iii) limited liquidity and transferability, (iv) fluctuations involving the value of the assets within the REIT, (v) a reliance on the investment manager to select and manage assets, (vi) changes in interest rates, laws, operating expenses, and insurance costs, (vii) tenant turnover, and (viii) the impact of current market conditions. Expected returns and risk characteristics are no guarantee of actual performance.

  • What are the U.S. IRS taxes I need to be aware of?

    Crystal Brook Advisors will follow the Capital Gains and Tax Policy established by the U.S. IRS (Internal Revenue Service)

  • Do you offer data feed?

    Yes. A data feed is a service offered via First Clearing LLC that has the ability to send your information by FTP or DTS via a Secure HTTPS:// Site.

Opening an Account

  • Who is eligible to open an account?

    A legal U.S. resident, 18 years of age or older. A resident will possess a valid Social Security Number or Tax Identification number. Non-US citizens are eligible if pending U.S. immigration documentation is filed, or an Individual (non-US citizen) is married to a U.S. citizen.

  • How do I get started?

    Sign-Up at our website www.crystalbrookadvisors.com. Click on any of the SIGN-UP buttons on our website and complete the questionnaire. Upon completion of the questionnaire, a CERTIFIED FINANCIAL PLANNER™ will reach out to you via email to schedule a call, skype, google hangouts or an in-person meeting; whatever works best for you.

    Contact a Crystal Brook Advisors CERTIFIED FINANCIAL PLANNER™ by Scheduling a Call or Appointment at: http://booknow.so/crystalbrookadvisors

  • How may I contact Crystal Brook Advisors to speak to a live Customer Service Representative in the U.S.?

    Telephone: 212-579-5813 – Monday – Friday – 9:00 am – 6:00 pm EST
    Email: info@crystalbrookadvisors.com

  • How much does it cost to open an account?

    There are no fees to open an account. There are two options in signing your new account agreement. 1) Your application will be sent electronically for your signature via DocuSign, this will create your account instantly. 2) Or, you may elect to sign your application manually in-person. Option 2 will take 3-5 business days to get your account open. Note* Trusts, Custodial Accounts, Qualified Plans, Business Account signed by a Power of Attorney is prohibited from submitting the application electronically. Manual in-person submission is required.

  • What types of accounts may I open at Crystal Brook Advisors?

    Individual Account, Joint Accounts, Wrap Account, JTWOS (2 or more account holders), Joint Tenants in Common (2 account holders), 529 College Savings Plan, Coverdell College Savings Plan, Traditional IRA (Individual Retirement Account), Roth IRA, SEP IRA, SIMPLE IRA, 401 (k), Individual 401 (K), 403b, 457, Deferred Executive Compensation, Employee Benefits (401 (k), Health, Disability, Life Insurance), Defined Benefit, Estate Account, Trust Account. Advantage Account (Debit Card and Checking Writing).

    Insurance Accounts: Life Insurance, Disability Insurance and Long Term Care Insurance. Business Insurance. Financial Planning for Non-US Citizens.

    A CERTIFIED FINANCIAL PLANNER™ and New Accounts Department representative will assist you in opening your new account. If your account is held at another organization, we will seamlessly help you transfer your account to Crystal Brook Advisors.

Services

  • What we do?

    Financial Planning

     

    There are 3 (three) approaches to financial planning – single issue, multi-purpose or comprehensive. Your CERTIFIED FINANCIAL PLANNER™, will determine which approach best meets your financial needs, goals and objectives and based data-gathering information. Here are specialized services our CERTIFIED FINANCIAL PLANNER™ based on the CFP Board of Standards offers: investment planning and advice, pension/retirement planning, comprehensive planning, estate planning, portfolio management, income tax planning, insurance planning, education planning, elder/long term care planning, closely-held business planning, financial planning employee education, income tax preparation (note* consult with your tax professional for filing of your taxes), divorce planning. Additional financial planning and investment advice and management services include: business and employee benefits planning for the following business entities: Sole Proprietor, S Corp, C Corp, LLC, LLP.

     

    Below is a general overview of the Financial Planning process:

     

    Step 1 – An assigned CERTIFIED FINANCIAL PLANNER™ will first establish your and the Planner relationship. An outline of the responsibilities of the CERTIFIED FINANCIAL PLANNER™ and what your responsibilities are as an investor. Your CERTIFIED FINANCIAL PLANNER™ will disclose the length and scope of the relationship (one-time engagement or on-going engagement), as well as the method of compensation. Depending on the complexity of your planning needs, the CERTIFIED FINANCIAL PLANNER™ will determine which planning approach is best for you (single, multi-purpose or comprehensive).

    Step 2 – The CERTIFIED FINANCIAL PLANNER™ will gather data from you including broad and specific goals and objectives. You will complete a risk tolerance questionnaire which will determine how much risk you are willing to sign up for and how well you understand investments. No worries, if you are a beginner investor, you will be educated about the different types of investments and accounts based on your situation. Data gathering may include documents such as paystub, tax returns, wills, trusts, investment statements, will be requested (if this applies to you or business entity) to establish constructive outcomes. Your CERTIFIED FINANCIAL PLANNER™ will ask you questions about what is your comfort level as it relates to money and investing.

    Step 3 – Your data gathering will be analyzed within the context of meeting your goals, needs and what is important to you.

    Step 4 – Upon completion of analysis, your CERTIFIED FINANCIAL PLANNER™ will develop recommendations and alternatives based on the evaluation of your data gathering.

    Step 4 – Upon completion of analysis, your CERTIFIED FINANCIAL PLANNER™ will develop recommendations and alternatives based on the evaluation of your data gathering.

    Step 6 – You and your CERTIFIED FINANCIAL PLANNER™ will determine what the monitoring responsibilities of your accounts will be. For example, how will your account be monitored – daily, monthly or annually?

     

    Investment Planning and Management

     

    Investment Planning and Management consists of nine steps: 1) Developing an understanding of your goals. 2) Identify a target rate of return. 3) Agree on time horizon. 4) Determine your risk tolerance and capacity for risk. 5) Define asset classes. 6) Determine an appropriate asset allocation. 7) Create your Investment Policy Statement. 8) Select the investments. 9) Monitor and adjust as needed.

     

    Your CERTIFIED FINANCIAL PLANNER™ will describe the relationship between the number of securities in a portfolio, the types of securities in portfolio and the riskiness of your portfolio. Portfolio rebalancing is key and will be discussed. Aspects of investment selection including investment effort, minimum investment size, ethical and moral issues, different tax treatments, and concentrated portfolios. Dollar-cost averaging plan will be explained; how it works and examples in your plan. Your CERTIFIED FINANCIAL PLANNER™ will explain to you in a “common sense” way how to look at the portfolio and investment process.

     

    College Savings Plans

     

    College Savings Plans are investment plans for the purpose of funding (paying) your children’s college education. Crystal Brook Advisors will develop a plan which best suits your family education funding planning needs.

     

    Estate Planning

     

    Estate planning encompasses the accumulation, conservation and distribution of your assets. The overall purpose of the estate planning process is to have a planned and orderly disposition of assets to people or organizations of your choosing. Estate Planning can provide financial security during retirement years and ensure your intended beneficiaries receive what your want. Your advisor will develop a plan that best suits your immediate, as well as anticipated needs and desires, with the objective of preparing you to see an attorney that will places your wishes into the proper legal format.

     

    Trust Planning

     

    There are many different types of trusts; individual, family, corporation, social or charitable, to name a few. Trusts may be designed to accomplish one or many goals in respect to family, property, investment distribution. Your CERTIFIED FINANCIAL PLANNER™ will develop a plan that best suits your immediate as well as anticipated needs and desires. Only an attorney can prepare and execute trusts.

     

    Business Planning

     

    A CERTIFIED FINANCIAL PLANNER™ advises businesses how to start a new business entity by defining business entity, e.g. Sole Proprietor, LLC, LLP, S Corp, C Corp and your Business Succession agreement. The CERTIFIED FINANCIAL PLANNER™ will assist you in in identifying the employee benefits plan that meets your business planning needs. A few employee benefit plan examples include: 401(k), 403(b), 457, Executive Compensation, Defined Benefit to name a few. Advisory solutions include: business strategy, asset allocation management, implementation and monitoring your employee benefit plans. The CERTIFIED FINANCIAL PLANNER™ will assist you in identifying the risk management (insurances) plan e.g. Health insurance, Life insurance and Disability insurance that meets your employee benefit plan needs. If you are established corporation, we offer confidential comparative analysis of your existing plans identifying administrative, management fees, asset allocation and managers, customer service and support.

     

    Retirement Planning

     

    Retirement planning is the planning one does to be prepared for life after paid work financially but in all aspects of life. The non-financial aspects include lifestyle choices. How to spend time in retirement, where to live, when to completely quit working? There are many different types of retirement investment accounts which will meet your planning needs. Retirement Plans include: Traditional IRA (Individual Retirement Account), Roth IRA, SEP IRA, SIMPLE IRA, 401(k), Individual 401(k), 403b, 457. Your CERTIFIED FINANCIAL PLANNER™ will assist you in identifying the Investment Retirement Plan which meets your needs.

     

    Insurance Planning

     

    Insurance provides an individual, family or company with the protection need against the risk, possibility and probability of sustaining a loss, in life, property or value. So what are the risks? There are many types of insurance which will meet your insurance planning needs. Your CERTIFIED FINANCIAL PLANNER™ will assist you or your company in identifying the type of insurance which meets your individual or company protection needs as well as your Estate Planning needs.

  • What tax planning strategies advice do you offer?

    Advice may include ways to minimize current and future income taxes as part of your overall financial picture. A recommendation will be offered as it pertains to the type of accounts or specific investments should be owned based in part on your “tax efficiency” with consideration that there is the possibility of future changes to federal, state or local tax laws and rates that may impact your situation. Note* Crystal Brook Advisors is not a Certified Public Accountant (CPA), or provide Legal advice consult your accountant or attorney for further questions.

  • What investment consultation services do you offer?

    Our investment consultation component involves providing information about the types of investment vehicles available, advice on stock options, investment analysis and strategies, asset selection and portfolio design, as well as assisting you with your investment account if it is maintained at another broker/dealer or custodian.

  • What business consultation services do you offer?

    We are available to assist businesses in a variety of ways to include business strategy, practice management, general financial advice, debt management, as well as assisting matters involving coordination with their financial institution, attorney or accountant. A broad‐based plan is an endeavor that requires detail; therefore, certain variables can affect the cost involved in the development of the plan: quality of records, complexity and number of current investments, diversity of insurance products and employee benefits maintained, size of the potential estate, and special needs of the client or their dependents, among others. We will concentrate on reviewing only a specific area (modular planning) per your request, such as an employer retirement plan allocation, college funding or evaluating the sufficiency of savings plan. Note* when these services focus only on certain area of your interest or need, the overall situation or need may not be fully addressed due to limitations established by you. In all instances involving our financial planning engagements, you retain full discretion over all implementation decisions and are free to accept or reject any recommendation we make.

  • What are your methods of analysis, investment strategies risk of loss?

    When we are engaged to provide investment advice, we will first gather and consider several factors, including: 1) Current financial situation and need. 2) Interim and long‐term goals and objectives. 3) Level of investment knowledge. 4) Tolerance or appetite for risk. 5) Reasonable investment restrictions involving your portfolio.

    Crystal Brook Advisors generally employs what we believe to be an appropriate blend of fundamental and technical analysis. We evaluate economic factors including interest rates, the current state of the economy, or the future growth of an industry sector. We also consider past price patterns and trends in the financial markets to better understand the direction of both the overall market and specific securities before entry into the market in terms of risk and profit potential. Our research is drawn from sources that include: financial periodicals, reports from economists and other industry professionals, inspections of corporate activities, corporate rating services, company press releases, issuer/company annual reports, prospectuses and other regulatory filings.

Pricing/Fees

  • Are there performance based fees and side by side management?

    No. Our firm’s advisory fees will not be based on a share of capital gains or capital appreciation (growth) of any portion of managed funds, also known as performance‐based fees. Our fees will also not be based on side‐ by‐side management, which refers to a firm simultaneously managing accounts that do pay performance ‐ based fees (such as a hedge fund) and those that do not.

  • What are Crystal Brook Advisors method of compensation and fee schedule?

    Financial planning and investment consultation engagements are conducted under an hourly fee. Our rate is $250 per hour; billed in 10‐minute increments, and a partial increment (e.g., six minutes) is treated as a whole increment. Prior to entering into an agreement with our firm the client will receive an estimate of the overall cost based on their requirements and the time involved. To initiate the engagement we require a deposit of $250 or one half the estimated fee, whichever is greater, and the remaining fee is due upon our delivery of the plan or investment advice. Engagements lasting more than 30 days may be billed at the end of each month for time incurred during that period. The CERTIFIED FINANCIAL PLANNER™ will discuss what your comfort level and ability to invest based on the information provided by you.

  • Are there Fixed Planning Fees?

    Yes. Our fixed fee planning services are typically designed for those who prefer a broad‐based plan,involving multiple service components. The fee ranges from $250 to $5,000 per plan, and is determined by the complexity of the engagement, time involved developing the plan, number of accounts involved, etc. To begin the engagement we require a deposit of $250 or one half the estimated fee, whichever is greater, and the remaining fee is due upon our delivery of the plan or investment advice.

  • What are your Asset‐Based Fee for your Investment Supervisory services?

    Fees for investment supervisory services are assessed an annualized asset‐based fee that is paid quarterly, in arrears, per the following table. The calculation is based on the reporting period ending value of the client’s account(s) as of the last US market day of the previous calendar quarter. In the rare absence of a reportable market value, our firm may seek a third‐party opinion from a recognized industry source (e.g., unaffiliated public accounting firm), and the client may choose to separately seek such an opinion at their own expense as to the valuation of “hard‐to‐price” securities if they believe it to be necessary. We assess our asset‐based fee based on straight tier; all of the client’s assets managed by our firm are assessed a single percentage rate that declines as asset levels increase.

    Assets Under Management Annualized Asset‐Based Fee

    $0 ‐ $249,999

    1.25% (125 basis points)

    $250,000 ‐ $499,999

    1.00% (100 basis points)

    $500,000 ‐ $999,999

    0.80% (80 basis points)

    $1,000,000 ‐ $4,999,999

    0.55% (55 basis points)

    $5,000,000 ‐ Above

    $5,000,000 ‐ Above 0.50% (50 basis points)

    We will concurrently send the client and the custodian of record a written notice (“invoice”) each billingperiod that describes the advisory fees to be deducted from the client account at our direction. This notice will be delivered prior to the deduction of fees. The client notice will include the total fee assessed, covered time period, calculation formula utilized, and reference to the assets under management in which the fee had been based.

  • Do you Aggregate Account Fees?

    Yes. For the benefit of discounting the asset‐based fee, we will aggregate investment supervisory services accounts for the same individual or two or more accounts within the same family, or where a family member has power of attorney over another family member’s or incompetent person’s account. Should investment objectives be substantially different for any two or more household accounts, requiring different investment approaches or operational requirements, fee schedules may be separately applied. We will inform the client in advance whether a third‐party investment manager(s) will allow for account aggregation for the purpose of fee discounts.

Don’t see your question here? Email us at info@crystalbrookadvisors.com and we’ll answer for you.

Contact Us

Address

P.O. Box 390
Mt. Sinai, New York, 11766

Make sense of your money