How to work with us · direct accounts
Your account at Schwab, in your name. We make the decisions.
For sophisticated individual investors: the same strategy institutions and RIAs get, with no stripped-down version, managed by the people who built it and hold the same investments.
The terms, plainly
One fee, a 30-day agreement, and nothing hidden
- Custody
- Your account is at Charles Schwab, in your name. Schwab holds the assets; we place trades, and our monthly fee is deducted from the account with your written authorization, as described in Form ADV.
- Minimum
- $150,000, as stated in our Form ADV Part 2A.
- Fee
- Fee-only: 1% to 2% of billable assets a year, billed monthly. 2% is the most we charge. No commissions, no transaction fees from us, no performance fees. The schedule is in Form ADV Part 2A.
- Agreement
- 30-day terms. You can leave at any time with 30 days’ notice: no exit fees, no penalties, no lock-up. We earn the relationship every month.
- Strategies
- Alpha Convergence for any account; AC Market Neutral and Independent Return for margin-eligible accounts.
- Liquidity
- Daily. Liquid, proprietary portfolios: no illiquid holdings.
Getting started
Three steps. The first costs nothing.
A conversation
A backstage tour or a call with the team. We learn what you need; you see how the book is run.
We review your situation
If we are not the right fit, we will tell you, and point you to someone who is.
Open your account at Schwab
In your name, at Schwab. We trade it; you can see every holding and every trade.
Backstage tour
See it running live
A live screen-share of FlightDeck with Mark Tennenbaum, CIO: the command center driven in real time, how today’s market is classified and what the book does about it, and the record with the tests behind it.