| |
|
|
Philosophy & Implementation Markets Are Efficient: IndexStreet believes the market is efficient and that no single investor can consistently beat the market through stock/bond picking and market timing. A few investors manage to beat the market over short periods of time, as people win lotteries, but it is improbable that any investor will systematically beat the market over time, as no one can continuously win the lottery. Investors must earn their returns. Risk Assessment: Asset class selection is the single greatest determinant of your risk and return. IndexStreet prescribes an asset allocation based on each investor's ability to handle risk. Eleven portfolios are available ranging from very low risk to high risk. A detailed assessment of each investor's unique financial environment is conducted via a 10-year personal income statement and balance sheet. This enables the advisor and client to identify an appropriate portfolio risk level. Low Cost: All investments being equal, a low cost alternative will outperform a higher cost alternative. IndexStreet strives to keep costs to a minimum via low management fees, low mutual fund fees and low transaction fees. Moreover, portfolios are constructed and trades are placed with taxes as a primary consideration. Account Security: Investments may go up and down in value and future value is not guaranteed. Assets are protected against errors, omissions and fraud via SIPC insurance at the following custodians: Ameritrade; Charles Schwab; TDWaterhouse; and Peoples Benefit Life. IndexStreet does not custody client accounts. Safeguards are in place at IndexStreet and IndexStreet's custodians to make sure your accounts are protected! Account Managers: All accounts are personally managed by qualified Investment Advisor Representatives who have passed NASD's Series 65 exam. Index Street Advisors, Inc. is incorporated in the State of California and is SEC registered to provide advisory services throughout the United States. Daniel E Purcell earned a Bachelor of Science in Finance at American University in Washington, DC. Rod M Turner earned a Bachelor of Science at Stanford University and an MBA at Cornell University. Performance Reports: IndexStreet provides robust cost accounting and performance reports. The portfolio software is managed in-house to provide detailed, accurate reports in a timely manner. Reports are delivered via email or snail mail according to the client's preference. IndexStreet's custodian's provide additional reports.
Index Street Advisors Inc 713 Goldenrod Ave Corona del Mar CA 92625 Ph: (949) 480-9134 Fx: (949) 480-9133
|
Investment Selection DFA: IndexStreet recommends Dimensional Fund Advisors Inc (DFA) funds almost exclusively, though other funds are recommended in accounts where DFA funds are not available. DFA funds efficiently target asset classes that are generally unavailable elsewhere, and they are ultra-low-cost. DFELX DFLVX DFSCX DFSVX DFREX DFIVX DFISX DISVX DFEMX DFEVX DEMSX DFIHX DFGFX DFFGX DFGBX Portfolio Indexes: Eleven portfolio indexes are available ranging in expected risk and return. Index 0 is 100% fixed income, has low risk, and provides an expected return commensurate with low risk. Index 5 is 50% equity and 50% fixed income, has moderate risk, and provides an expected return commensurate with moderate risk. Index 10 is 100% equity, has high risk, and provides an expected return commensurate with high risk. 0 1 2 3 4 5 6 7 8 9 10 All 30 Years of Risk & Return Data Fees All investments being equal, a low cost alternative will outperform a higher cost alternative. IndexStreet has low management fees and utilizes low-cost institutional mutual funds and low-cost custodians. There are three costs involved when purchasing a DFA portfolio. Fee negotiable on large accounts.
Mutual fund expense ratios range between 0.15% (DFA US Large Company) to 1.2% (DFA Emerging Markets Small Cap). The weighted average operating expenses of the 11 portfolio indexes are as follows:
Custodial trade commissions vary. The lowest cost is Ameritrade at a flat $17.99 per trade. TDWaterhouse is next lowest at a flat $24 per trade. Charles Schwab commissions range from $32-$99 on trades from $6,000-$30,000 with a $32 minimum and $99 maximum.
|
