Questions You May Want Answered

 

1.  Who do you provide services for?

Murray & Co. Asset Management, Ltd. provides services to individuals as well as corporate and non-profit organizations.  We help clients learn and understand the investment process so that they know what to expect in terms of annual returns, annual income, risk, volatility, asset allocation, types of securities in their portfolio, growth prospects for their portfolio, etc.

Murray & Co. Asset Management, Ltd. works with corporate plans and foundations that have a large enough pool of assets that require professional attention and necessary investment advice to establish investment strategies for their stated purposes.  In this regard, we provide educational services to board members or trustees and work with them in implementing and monitoring their investment program.

2.  What are your services?

The scope of our services include learning about your specific and unique financial situation and working with you to design an investment plan that can be understood by you to meet your investment objectives and implemented under your direction.  Once implemented, we monitor the performance of the portfolio and regularly report to you on a variety of topics.   This is an interactive process that involves you directly and allows you to continually know the status of your investment strategy in relation to your goals and market conditions.

The entire process might be conceptualized in the diagram that follows by continually moving up and down the vertical arrow as a client situation warrants in the beginning as well as through time as circumstances change.

 

3.  How do you provide your services?

We provide services through ongoing written and oral communication with you and implementing any aspect of your investments according to your direction.  As markets change, we may adjust portfolio holdings while staying within your documented guidelines.  Our goal is to keep portfolio transactions to a minimum and to optimize tax effects.  Our desire is to keep you informed about your investment portfolio on a regular basis and to be constantly attentive to your prerogatives. 

4.  Why should I do business with you?

Murray & Co. Asset Management, Ltd. offers the unique situation of having experience in managing large sums of money in a sophisticated institutional manner that can be shared with you in structuring your portfolio.  We believe that this can enhance the probability of earning above average risk adjusted returns.

Additionally, investment management is our only business, which means that you will benefit from:

  • Undivided attention to client goals, objectives and other prerogatives that are determined individually through consultation rather than by classification

  • Independence of investment advice

  • No conflict of interest from competing services or hidden incentives and other agreements

  • A permanent relationship with a professional, not a client service representative

  • Efficient decision making ability, unencumbered by restrictions typical of large firms trying to serve hundreds or thousands of customers

  • A disciplined investment process

  • Responsiveness, flexibility and accommodation to unique client circumstances that is not subordinated to organizational demands of centralized authority and control found in large organizations

5.  How do I know I can trust you?

Mr. Dean Murray started this business after a stint at public service and experience on “Wall Street”.  He  started this business to allow himself to offer quality investment advice for a fair and reasonable fee without the agenda of a large revenue/commission oriented firm.  For this reason, he is determined to offer his services with integrity, honesty and commitment to you.  Please ask him for references.

6.  How do you charge for your services?

As an independent investment advisor regulated by state and federal laws, we charge fees based on the value of assets under management, which are calculated as a percent of the value of assets under management at the end of each calendar quarter.  Those fees vary according to the amount of assets under management and are agreed upon in advance.  Fees are invoiced quarterly in arrears with the calculation shown clearly on each invoice.  Murray & Co. Asset Management, Ltd. does not receive any commission or hidden incentive fee for any recommendation or transaction on behalf of clients.  Each client receives any or all services for this one fee.

7. What can I expect after I become a client? 

Once you become a client, we will begin a series of meetings to discuss your investment needs, various investing principles, economic conditions, capital market conditions, alternative ways to invest, etc.  We will finalize an investment advisory agreement.  We will establish an investment policy statement that is unique to you and covers a variety of issues that form the mandate for directing the management of your portfolio or portfolios.  We will work together on the framework presented in question #2 above.  We will discuss how to transition the portfolios and any tax consequences.  Once the portfolio strategy is implemented, you will receive a quarterly letter that reviews the economy, the capital markets, your portfolio performance and our outlook.  Of course, all clients are encouraged to contact us anytime to discuss any issue and/or to make any changes to their investment advisory services.  Mr. Murray will respond promptly to your calls, emails or any other form of correspondence, and will strive to reach you within 24 hours of your initial contact if, for some reason, he is out of the office.