Can I deduct the management fee?
Yes, management fees are tax deductible.
How does your money management firm operate?
- New Capital Management offers services for FEE ONLY. This clean and simple approach eliminates any potential conflicts of interest.
What if I don’t have a brokerage account?
New Capital Management directs clients to Charles Schwab & Co., a discount brokerage firm, where clients receive discounted commissions and New Capital Management does not receive any referral fee or part of commissions generated by clients.
Active or Passive Management
New Capital Management’s portfolio turnover is very low.
- The time horizon or holding period for an account to reach its growth rate goals is 3 to 5 years.
- No derivative (futures or options) trading is used in the accounts.
- No leverage (margin) is used in the account.