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Frequently Asked Questions

01

Is TruNorth a commission-compensated financial advisor or “Broker-Dealer ”?

 

No. TruNorth Capital Management, LLC (TruNorth) is a fee-only Registered Investment Advisor (RIA).  We are fiduciaries, not salespeople like other financial advisors.  We manage assets in your best interest, not motivated by sales commissions.

02

Does TruNorth hold the assets of its clients?

 

No. TruNorth is not a custodian of customer funds.  Assets of our clients are held at qualified custodians, namely Charles Schwab & Co., Inc. (Schwab) and TIAA.  Schwab and TIAA are industry-leaders with the stability, experience and trusted commitment our clients deserve.

03

How does TruNorth manage money?

 

 

We use diversified, global portfolio strategies based on pure, unconflicted advice and unbiased, academically-validated indexing strategies. Unlike many other investment firms, you won't see TruNorth forecast the markets, actively pick stocks, or charge high fees - strategies which financial science and real practice proves negatively affects investment results.  Years of market data and robust investment research shows that these typical strategies create risks that investors aren't compensated for taking. Innovative portfolio design and low costs backed by unbiased research delivers market-driven investment results so more investors earn the financial future they deserve.

 

04

Does TruNorth try to "time" the market?

 

We are long-term investors, not prophets. Financial science reveals that investment forecasts and active stock picking managers are usually wrong and underperform what the market already provides to investors.  Today's modern financial theory tells us that higher expected returns are achieved when intelligent, structured investment strategies are pursued for the long-run and not based on intuition and predictions.

05

Why do fees matter so much for better investment management? 

 

Average investment management fees are taking too much money from investors.  It’s something many financial advisors would prefer that you did not know.  Major improvements in index products and efficient technology, supported by expert long-term data research shows the greater benefits of using low-cost investment strategies. Investment advisers work more efficiently today than ever before,  but most still don't pass on savings to you. This is wrong.  With investment management fees as low as  0.25%, portfolio science, and intelligent investment strategies, our interests are aligned with clients to help increase asset growth opportunities over time. 

 

TruNorth Capital Management L.L.C. (TruNorth Capital) is a fee-only Registered Investment Adviser (RIA) registered with, and regulated by, the United States Securities and Exchange Commission (SEC). TruNorth Capital is limited to providing advisory services to residents of Michigan, Missouri, Washington, and other states where TruNorth Capital is notice filed or is exempt from notice filing. Most but not all states permit a RIA to have a minimum number of clients before notice filing is required, providing the RIA has no physical presence in the non-resident state.  All clients and potential clients have access to important information about our business methods, fees, professional qualifications and all other pertinent business information. By using this website, you accept our Terms of Use and Privacy Policy. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in loss.

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Regarding the interaction TruNorth Capital or its representatives may have with clients and/or potential clients in ERISA-covered plans, including SEPs, SIMPLEs and non-ERISA retirement plans that are subject to Section 4975 of the IRS Code, including IRAs, Keogh plans and Solo 401(k)s (collectively "retirement plans"), TruNorth Capital may provide non-discretionary investment advice to a specific investor, recommending or suggesting the acquisition or disposing of securities or other investment property in a retirement plan and/or recommending a rollover from a retirement plan to another. During the course of this interaction, TruNorth Capital meets their requirements of a "level-fee fiduciary" and adheres to the Impartial Conduct Standards that require TruNorth Capital to a) provide advice that is in the client's best interest, b) receive only reasonable compensation for its advice and; c) not make materially misleading statements. 

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© 2024TruNorth Capital Management, LLC

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