| MORTON FINANCIAL, INC. Comprehensive Financial Planning |
Asset Management
Morton Financial, Inc. provides the following asset management services.
The client may choose to retain custody of the assets, granting Morton Financial, Inc.
limited trading authorization within an brokerage or mutual fund account held in the client's
name.
limited trading authorization within an brokerage or mutual fund account held in the client's
name.
Morton Financial, Inc. may serve as the custodian of the client's assets.
The client may become a Limited Partner in Morton Investments, LP. However, this
investment option is not suitable for all clients, as the portfolio may contain riskier assets
such as options, futures, and short positions. Furthermore, the partnership is not active
at this time.
investment option is not suitable for all clients, as the portfolio may contain riskier assets
such as options, futures, and short positions. Furthermore, the partnership is not active
at this time.
Regardless of the arrangement the fee structure is the same. Morton Financial, Inc.
charges an annual management fee of 0.50% payable quarterly and based on the
market value of all assets under management at the close of each calendar quarter. The
management fee is exclusive of brokerage fees.
charges an annual management fee of 0.50% payable quarterly and based on the
market value of all assets under management at the close of each calendar quarter. The
management fee is exclusive of brokerage fees.
Morton Financial, Inc. does not charge commissions on securities transactions with
broker/dealers, nor does it receive any form of compensation from broker/dealers for
securities transactions including "soft dollar" arrangements. Commissions charged by
broker/dealers are passed through to the client. In the case of Morton Investments, LP,
the partnership pays all commissions. This arrangement is in line with our philosophy of
providing fee-based financial services.
broker/dealers, nor does it receive any form of compensation from broker/dealers for
securities transactions including "soft dollar" arrangements. Commissions charged by
broker/dealers are passed through to the client. In the case of Morton Investments, LP,
the partnership pays all commissions. This arrangement is in line with our philosophy of
providing fee-based financial services.
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