“WITHIN THE HOUR” RESPONSE
We recognize that as institutions grow larger and more impersonal, the ability to consistently respond to client needs in a timely manner diminishes. At West Paces Advisors, our standard for responsiveness is “within the hour” – no exceptions.
Client assets are protected in several ways. Assets held by our primary custodian are insured up to $150 million per client. This protects clients from potential fraud or negligence. Assets held by a corporate trustee receive the added protection of fiduciary oversight. Of course, there can be no assurance against investment loss due to market conditions.
West Paces Advisors is registered as an Investment Advisor with the Securities and Exchange Commission. As such, we will operate in full compliance with the Investment Advisors Act of 1940.
A statement of each account will be provided on a monthly basis by the custodian. The statement will include security positions, valuations, and transactions.
Margin loans up to 50% of the account’s market value can be made at rates typically below the Prime Rate.
If a corporate Trustee is required, West Paces Advisors has arrangements with local trust institutions to provide Trustee services where the Trustee serves as fiduciary and West Paces Advisors provides investment advice.