FREQUENTLY ASKED QUESTIONS

Does Case Investment Management have custody of my assets?

No. Case Investment Management does not have custody of clients’ assets. All assets are held by TD Ameritrade Institutional. Each client has their own account at TD Ameritrade Institutional.

When I open an account or make additional contributions to my account, do I make checks payable to Case Investment Management?

No. All checks are made payable to TD Ameritrade Institutional.

Does Case Investment Management prepare my monthly statements?

No. As the independent custodian of clients’ assets, TD Ameritrade Institutional prepares and sends monthly statements directly to each client.

Does Case Investment Management work for TD Ameritrade?

No. Case Investment Management is an independent registered investment advisor. Case Investment Management receives no compensation from TD Ameritrade Institutional. Case Investment Management selected TD Ameritrade Institutional to perform custody and broker/dealer services on behalf of Case Investment Management’s clients because of TD Ameritrade Institutional’s excellent track record of service and best execution of trades.

What does Case Investment Management do?

As an independent registered investment advisor, Case Investment Management makes all investment decisions for the client’s account.

What’s the difference between a money manager who is a registered investment advisor and a money manager who is not a registered investment advisor?

The difference is significant. Money managers who are not registered investment advisors are regulated by the Securities Exchange Act of 1934. This Act does not require the money manager to recommend the best investment for the client. Instead, this Act requires the money manager to recommend “suitable” investments for the client. Furthermore, this Act does not require the money manager to disclose conflicts of interest to the client.

Money managers who are registered investment advisers are regulated by the Investment Advisers Act of 1940. Registered investment advisors are legally obligated by the Investment Advisers Act of 1940 to recommend the best investment for the client, not just a suitable one. And, the Investment Advisers Act requires registered investment advisors to disclose any potential conflicts of interest to the client.

What’s the difference between a registered investment advisor and an “independent” registered investment advisor?

Registered investment advisors who are not independent, work for an employer. Consequently, their fiduciary duty to their client is diluted by their employer-employee relationship. As an independent registered investment advisor, Case Investment Management serves only one master – the client.