The Fidelity (MAS) program represents an opportunity for us to offer access to institutional quality investment management firms side by side with mutual funds. Fidelity Investments® is a service provider to Kay Investments Inc. We are excited about the following superior features:
- quantitative risk assessment and creation of a model to match your risk profile
- much lower manager minimums: ranging typically between $10,000 to $50,000 per investment manager
- lower overall fees compared to actively managed mutual fund solutions
- availability of managers whose strategies are specifically in sync with KII’s mission of favorable down market performance
- ability to combine the above investment solutions inside of one Fidelity account (“unified managed account”)
- automatic, systematic rebalancing
- separate, sophisticated viewing portal for the client
We would build an investment model to match your risk profile and present you with a proposal. The model will lay out a history of performance year by year, likely going back at least to 1/1/2008. We’ll explain how the portfolio fits you and fulfills our mission of providing capital preservation in down markets.
If we already manage your brokerage account, we will need an Addendum authorizing the new options.
The MAS program is a high tech partnership, including KII and you, the client. We build a finite number of models fitting various risk profiles. We evolve the models as new managers and investment opportunities present themselves on the platform.
Fidelity Investments is an independent company, unaffiliated with Kay Investments Inc. Fidelity Investments is a service provider to Kay Investments Inc. There is no form of legal partnership, agency affiliation, or similar relationship between your financial advisor and Fidelity Investments, nor is such a relationship created or implied by the information herein. Fidelity Investments has not been involved with the preparation of the content supplied by Kay Investments Inc. and does not guarantee, or assume any responsibility for its content. Fidelity Investments and Fidelity Institutional Wealth Services are registered service marks of FMR LLC. Clearing, custody, or other brokerage services may be provided by National Financial Services LLC or Fidelity Brokerage Services LLC.
Managed Account Solutions (“MAS”) is a service offered by National Financial Services LLC (“NFS”) and Fidelity Brokerage Services (“FBS”), members NYSE, SIPC, 200 Seaport Boulevard, Boston, MA 02210. Investment advisory and platform management services available through MAS are provided by Envestnet Asset Management, Inc. (“EAM”), a third-party registered investment advisor. EAM is not a corporate affiliate of Fidelity Investments or NFS (the “Fidelity Companies”), and the Fidelity Companies assume no responsibility and make no warranties, express or implied, regarding services provided by EAM. NFS does not provide investment advisory services of any kind in connection with MAS. Custody, clearing, and other services are provided by NFS or FBS.
National Financial is a division of National Financial Services LLC. Fidelity Institutional Wealth Services is a division of Fidelity Brokerage Services LLC. Clearing, custody, or other brokerage services may be provided by National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC, 200 Seaport Boulevard, Z2B1, Boston, MA 02210.
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