There is a long-running joke in the financial services industry that when a client opens an account, a tree is sacrificed in their honor. Unfortunately, there is a lot of truth in that statement.  Both Charles Schwab and Fidelity are required to provide you with important disclosure information in addition to your regular monthly account and transaction confirmation statements.  All of these reports are designed to help provide you with important and easy ways to review your portfolio.

Fortunately, you may choose to receive this information electronically.  We encourage our clients to sign up for electronic delivery of monthly statements, trade confirmations and fund materials, such as prospectuses and annual reports.  This will save you time and energy when going through your mail.  If you need assistance with setting up any of these features, please do not hesitate to call your advisor or client services representative.

Additionally, Charles Schwab and Fidelity have provided us with the following feature guides to better help you understand your custodial account statements. If you have any questions, please call our office at 1-800-423-4893.

Schwab feature guideFidelity feature guide