We assist clients in opening a brokerage account (preferably at CHARLES SCHWAB & CO.) to hold all assets. Verona Capital Managment has 'limited power of attorney' to effectuate purchases and sale of securities only. Clients are sent monthly or quarterly statements.
We feel that the stance of the Federal Reserve as to the direction of interest rates is important to market direction. We also follow the European, Asian, South American and other global economies and stock markets. Our fundamental outlook takes into consideration not only the growth of the U.S. economy but its relationship to other economies in the world.
We monitor and invest in both bull and bear markets using technical and fundamental analysis. With over thirty years of experience in the investment business we examine and trade many types of equties and fixed income products.
If you're someone with a sizeable sum of money to invest, finding an advisor to help with that is easy. Finding one who is legally bound to act in your best interest can be easy, too – if you make sure you work with a Registered Investment Advisor, or RIA.
RIAs are investment advisory firms that register with and agree to be regulated by the U.S. Securities & Exchange Commission. As fiduciaries under the Investment Advisors Act of 1940, they operate under a different and higher standard of responsibility to their clients than any other type of financial advisor. They are legally obligated to act in their clients' best interest, even if that turns counter to the firm's own interests.
For example, if two investment products offer the exact same return opportunities and risk profile, but at a different cost, an RIA would be obliged to recommend the lower cost option. While other advisors may choose to adhere to similar standards RIAs remain the only advisors with the legal responsibility to do so. Those that fail to put their clients' interests before their own invite penalties from the SEC, or, in the case of smaller firms, state securities regulators. READ MORE »
Know that you have an investment advisor working in your best interest, not theirs. Discover the difference of an RIA, discover the difference of Verona Capital Management.
Established in 1999, Verona Capital Management is dedicated to our clients, and we are here to assist you when you need it most.
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1. You often can't tell who's an RIA just by looking at their name. Since many RIAs don't use the term "Registered Investment Advisor" in their name, you may simply have to ask. Alternatively, you could ask to see their Form ADV, a report every RIA is required to file annually with both the SEC and state securities authorities in the state or states where they operate. READ MORE »