How We Are Different

Fiduciary Advice - A fiduciary is a trustee and must act for the benefit of their client in a financial relationship, not for their own personal gain. What does this mean to you?

 

When you hire a fiduciary, they are legally obligated to act in your best interests, which means they cannot parlay their position of trust for personal profit. Fiduciaries must demonstrate all compensation is fair and reasonable for the level of services provided.

 

What is a Registered Investment Advisor? RIAs are Independent fiduciary Advisors who have a legal duty of loyalty and good faith to act solely in the interest of clients. RIAs who are “fee only” receive direct fee compensation from their clients and no one else.  

 

What is a Registered Representative? RRs, although they may use the name advisor are actually employees of a financial services company. RRs and the firms they work for are held to a suitability standard which does not include a legal requirement to disclose whether there are conflicts of interest and/or whether there is a better product available at a lower charge. RRs and the firms they work for most often have no fiduciary duty to clients. RRs generally receive commissions and often undisclosed indirect compensation by acting as an agent selling the products of the firm they work for. 

 

No Conflicts or Hidden Costs - NS Capital’s only compensation is the fully disclosed fees for the services provided to our clients. At NS Capital, we have no affiliations or financial arrangements with third parties that might distort our objectivity or present any conflicts of interest.  Our sole commitment is to serve each client’s interest at a fair price.

 

Asset Safety - Our clients’ assets are held with our independent third-party custodian, TD Ameritrade Institutional, which has over $700 billion in assets under custody. The SEC requires that these institutions be audited annually by independent auditors. TD Ameritrade, Inc. is a member of the Securities Investor Protection Corporation (SIPC) and also provides $149.5 million worth of protection for each client through supplemental coverage provided by London insurers. 

 

NS Capital does not have access to the money in your account. We have a limited power of attorney to do only three things: 

1.  Supervise and make trades in client portfolios with discretionary authority

2.  Request that the independent custodian send a check to a client or to the client’s bank

3.  Be paid a mutually-agreed upon quarterly fee from the account (can also be invoiced)

We have no other access or authority.