Is Kisco Capital an Independent Investment Advisor?
Yes. The company is not affiliated with any broker-dealer and is not obliged to sell investment or insurance products for a commission. There is no allegiance to any product type of fund family as seen with many large institutions.
What if there is a service I need that is not offered by your firm?
If a client is in need of tax, insurance or legal advice then we can make referrals to third parties that are experts in their respective area.
Where are client assets domiciled?
Kisco Capital currently uses Interactive Brokers as the custodian for all client assets. Clients can access all their investment information through the web or on their tablet/smartphone for real-time data.
What investments do your recommend to your clients?
That all depends on your risk tolerance and/or financial goals. For example, some clients want low price volatility and some yield while others want to pick individual stocks that have the potential for much higher returns. It is my job to find the right mix of assets for each client.
What other tertiary services do you offer?
Clients get a daily email from me that reviews earnings, economic data, bond yields and technicals of the S&P 500. I also write a weekly newsletter (blog) that you can see on this website. Many clients will also consult with me about economic outlook, real estate investing, job related issues and anything they feel may impact their financial profile.
How are trades executed?
Kisco Capital can execute trades on your behalf as part of the services offered. However, only clients can add/remove funds to their investment accounts through the custodian’s portal.
Should I own mutual funds?
The short answer on this is no. There are many products such as ETFs (Exchange Traded Funds) that give the same exposure with lower fees. In my experience, most mutual funds are positioned to replicate the S&P 500, NASDAQ or Russell 2000. However, some clients do prefer this vehicle and are held in some portfolios.
What is an IRA?
An IRA stands for an Individual Retirement Account. This type of account allows you to deposit a certain amount of your annual income into an investment account before taxes. The Federal government allows pre-tax saving for your retirement years, and the returns are tax-free. There are several types of IRAs—Traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs. Each has different rules regarding eligibility, taxation, and withdrawals. Also, these rules are subject to change by Congress, so it is best to have a tax consultant who can advise you on deposits and withdrawals.
Did you know that your 401k is a type of IRA?
Many new retirees have built up substantial savings in their 401k accounts but want greater flexibility with their investment choices. The good news is that you can move this money into a newly formed IRA account without any tax penalty.
What is technical analysis?
I use this type of analysis extensively, as it helps filter out stock investments that are out of favor with investors. Essentially, technical analysis tools are used to scrutinize the ways supply and demand for a security will affect changes in price, volume and implied volatility.
What is fundamental analysis?
Fundamental analysis is the traditional approach of evaluating a security’s value based on business results such as sales and earnings. This approach is used heavily by bond investors who want to ensure their principal is safe and can be repaid by the borrower (with interest).
Still have an unanswered question? Send me an email at firstname.lastname@example.org.