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Here are the answers to frequently asked questions regarding KAM's
practice:
KAM has no official minimum, but is only looking for serious investors. KAM would prefer a serious investor with a smaller quantity of money to a foolish investor inclined to panic or over-excitement. The account can be funded with
cash or securities, though KAM will generally liquidate all securities
that do not meet current investment criteria.
Account activity is readily viewable
through TDAmeritrade Institutional's website. Clients receive trading
confirmations and monthly statements from the brokerage firm. In
addition, KAM provides performance reports and client letters on a quarterly basis. The performance
reports contain an array of information, including your before-tax
return on investment calculation.
TDAmeritrade Institutional serves as the custodian for
your account. The account remains in the client's name. KAM obtains
trading authority through a limited power of attorney and, with
your approval, the ability to debit the account for its quarterly
fee payments. Fee payments are not pre-paid.
Accounts are based on Kenneth Kehl's personal account, which serves
as the model for each client account.
Clients can contact KAM for distributions at any time.
KAM's entire focus is on money management.
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