In addition to providing exemplary investment management, Private Wealth clients of FIC Capital also gain access to a broad base of knowledge with respect to important financial issues. Below are just a few examples of how we have helped our clients in the past with complex financial decisions.

Real Estate Transactions
Sale of a Business
Estate Planning
Avoiding Over-Diversification and Excessive Fees
Private Equity Placement

By acting as an impartial party to some highly emotional assets, FIC Capital was able to help this client return to an asset allocation that was more in line with his and her goals and objectives. At the same time, the client reaped the reward of reducing exposure to a sector of the economy that later suffered from a number of difficulties. The services performed by FIC Capital were provided at no extra cost to the client.

One of our clients, a small business owner, was preparing to sell his business when he called FIC Capital to discuss the event. As with any sale of a business, it was a stressful time for our client and he was looking for assistance and peace of mind with how the situation was being handled. He had already retained an investment banker to negotiate the sale, but he remained concerned over their ability to obtain a fair price for the business. After detailed discussions, we worked with the investment banker to sharpen the valuation metrics and key strategic selling points. FIC Capital’s valuation and analytical contribution ensured that the client’s best interests were represented in the negotiation. Furthermore, our client was freed of some of the financial minutia and was more confident in the outcome of the sale. The services performed by FIC Capital were conducted as part of the client service relationship we extend to all our clients, at no additional cost to our standard management fee.

A prospect in his early forties recently came to us with a portfolio of investments that consisted of over 25 different mutual funds. The portfolio was being managed by a Private Wealth Management division of a very well known investment firm, purportedly catering to the needs of wealthy individuals. However, the prospect had suspected that his account was not receiving the attention it deserved and after analysis by FIC Capital, we not only affirmed his suspicions, but opened his eyes to some major issues with the account.

Our first step with this individual was to learn the full breadth of his assets and his financial objectives. These assets consisted of a mixture of real estate, business ownership and retirement plans. After analyzing the portfolio, FIC Capital determined that it was overly diversified and the fee structure associated with the multiple mutual fund investments (many of which were operated by the same company that was managing the prospect’s portfolio) was cutting deeply into the prospect’s returns.

After sitting down with the prospect and outlining our analysis and conclusions, as well as laying out a plan to optimize the prospect’s asset allocation to more properly align with his objectives, investment profile, and return expectations, he expressed his wishes to become a client and we accepted. We transferred his assets and subsequently executed upon the investment plan we proposed in order to provide him with a customized portfolio that was appropriately diversified with individual securities that offered attractive returns without the drag of excessive fees and hidden sales charges.
 

This work, completed at no extra charge to the client, has provided the client with a better understanding of important considerations with respect to the private investment, by an impartial party, and has led to potential business enhancements for the underlying company through the power of networking relationships.