Disclosure:1. ORGANIZATION
Brick Financial Management, LLC. manages portfolios for individuals and institutions. Brick Financial Management, LLC. is a Registered Investment Adviser under the Investment Advisors Act of 1940 in New Jersey. Should the situation require, Brick Financial will register in state of client.
2. PERFORMANCE RESULTS: METHODOLOGY
For illustrative purposes, BRICK presents the performance of three model portfolios – Choice, Relative Value, and Relative Value Small – based on Brick Financial's three approaches to portfolio management. Client portfolios may or may not be based on these model portfolios.
·Performance results are presented gross of management fees. A fee schedule is available upon request. Results are calculated using time-weighted total return, with use of accrual accounting for fixed income securities since inception. Client liquidity and cash flow needs determines whether or not dividends and interest are reinvested back into the portfolio. All index data assumes reinvestment of interest and dividends at the rate of return of the Index. The composites are constructed on an asset-weighted basis using beginning of the quarter market values. Balanced portfolio segments are included in single asset composites and include an allocation of cash to the performance of the segments. Performance results presented are calculated quarterly with geometrically linked annual returns. Trade date accounting is used. Results are net of all transaction costs and custody fees. Investment management fees have an effect on the actual results obtained by a client. Assume a client places $1,000,000 under our management and we achieve a 12% compound average annual return over a ten year period. If an advisory fee of 1% is applied each year for the ten year period and deducted from the return, resulting compound average annual return would be reduced from 12% to 10.89%. The ending value of the portfolio would be $3,105,848 excluding fees and $3,074,790 including the deduction of such fees. Brick does not place a minimum size restriction as to inclusion into composites. No non fee paying portfolios are included.
3. ELIGIBILITY POLICIES FOR INCLUSION IN COMPOSITE
All fee paying fully discretionary accounts are included in at least one composite. Two full quarters must pass from the client's start date before a new account is included in the composite. Accounts no longer under management of Brick Financial Managment, LLC. will cease to be included in future quarterly composites after the last full quarter preceding the termination date.
4. ADDITIONAL
Past performance does not guarantee future results. The composite represents a broad group of accounts of similar objective and management styles, but any particular account's results may differ from the actual return of the composite.
·Persons associated with this firm may own or have an interest in securities or investments mentioned throughout this WebSite. Their positions may change from time to time and they may buy or sell such securities or investments.
5. AIMR DISCLOSURE
In reporting the performance of Model portfolios, Brick Financial has NOT prepared the report in compliance with the performance presentation standards of the AIMR, the US and Canadian version of the Global Investment Performance Standards, GIPS. Model portfolio returns are based on a hypothetical one-time $10,000 investment into the underlying securities. They are not based on actual trades in client accounts, although, client accounts are based on the Model portfolios. The AIMR has not been involved in the preparation or review of this report.
6. INDEX DEFINITION
·S & P 500 Index is a market capitalization weighted index of 500 stocks. The index is designed to measure changes in the economy and is representative of most major industries.
·The S&P 400 Index is a market capitalization weighted index of 400 mid-sized stocks. The index is designed to measure changes in the economy and is representative of most major industries. The S&P 500 and the S&P 400 are a trademarks of the Standard & Poors Corporation.
·The Wilshire 5000 Total Market Index represents the broadest index for the U.S. equity market, measuring the performance of all U.S. headquartered equity securities with readily available price data. The Wilshire 5000 is a trademark of Wilshire Associates Incorporated.
·The Lehman Brothers Aggregate Bond Index is an unmanaged, market-weighted index of fixed-rate debt issues rated investment grade or higher with at least one year to maturity and an outstanding par value of at least $100 million, and is regarded as generally representative of the total U.S. bond market.
·The Russell 1000 measures the performance of the 1,000 largest companies in the Russell 3000 Index, and represents approximately 92% of the total market capitalization of the Russell 3000 Index.
·The Russell Midcap Index measures the performance of the 800 smallest companies in the Russell 1000 Index, which represent approximately 26% of the total market capitalization of the Russell 1000 Index. The Russell 1000 and the the Russell Midcap are both trademarks of the Frank Russell Company. Back to top Disclaimer·The information contained on Brick Financial Management’s web site is solely for informational purposes and is not intended to be relied upon as a source of investment advice. While every effort has been made to offer the most current and correct information possible, inadvertent errors can occur and the specific facts of each individual's situation may change the results and recommendations provided by this site.
·The information that appears on this website is provided as a free public service. This information provided may be affected by local, state or federal laws, rules and regulations. The information provided is not intended to serve as legal, accounting or tax advice. Brick Financial Management disclaims any responsibility for financial decisions made by taxpayers or investors in their individual cases or for any misunderstanding of this information on the part of the site users. Brick Financial Management is a registered investment advisor (RIA) in the state of New Jersey. BRICK FINANCIAL is in the process of obtaining RIA licensure in the states of NY, PA, MD, VA (as of ). If a potential client lives outside of one the above mentioned states, Brick Financial will review if registration in that state is necessary and then act accordingly.
·By virtue of the use of this site, the site user agrees to release and hold Brick Financial, the author , agents and representatives thereof harmless from any and all claims, demands, and causes of action of any kind or nature whatsoever now and in the future arising out of or in connection with the use of this site or the information provided herein.
·The information on this WebSite is not intended for individuals or entities that reside outside of the United States.Back to top
Privacy Policy:On November 13, 2000 the SEC adopted Regulation S-P, privacy rules promulgated under Section 504 of the Gramm-Leach-Billey Act, which requires the investment advisor to protect “nonpublic personal information” about their customers from being distributed to nonaffiliated third parties unless consent has been specifically granted by the Client. Brick Financial is committed to safeguarding the confidential information of its clients. We hold all personal information provided to our firm in the strictest confidence. These records include all personal information that we collect from you in connection with any of the services provided by Brick Financial. All information furnished by Client to Brick Financial, including Client's identity, shall be treated as confidential. Brick Financial agrees not to voluntarily disclose confidential information without Client's prior consent (unless required by law, court order or agency directive, or unless Brick Financial expects, in its reasonable opinion, that it will be compelled by a court or government agency, or unless such information becomes publicly available or known other than as a result of actions of Brick Financial). In the event Brick Financial is compelled to disclose confidential information by legal process, Brick Financial will attempt to give prior written notice to Client. Our policy with respect to personal information about you is listed below. This web site is intended for residents of the United States only. This website does not attach a cookie (a small text file that is written to the user's hard disk without the user's knowlege or permission) or other Brick device on the computer used by or associated with any website visitor. Brick Financial Management, LLC. does not sell, rent, loan, trade, give, barter, or lease to anyone the name, mailing address, e-mail address, or other personal information of any Brick client/shareholder, user of this website, or investment professional who works with Brick.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires us to obtain and record information that identifies each person who opens an account. When you open an account we will ask you for your name, address, date of birth and any other information that will allow us to identify you. We may ask you for your driver’s license, password or other identifying documents. We limit employee access to information only to those who have a business or professional reason for knowing, and only to nonaffiliated parties as permitted by law. (For example, federal regulations permit us to share a limited amount of information about you with a brokerage firm in order to execute securities transactions on your behalf. We maintain a secure office and computer environment to ensure that your information is not placed at unreasonable risk. The categories of nonpublic information that we collect from a client depend upon the scope of the client relationship. It will include information about your personal finances, transactions and accounts with other financial institutions, wills, trusts, and any other financial documents needed in the financial planning process. For unaffiliated third parties that require access to your personal information, including financial service companies, consultants, and auditors, we also require strict confidentiality in our agreements with them and expect them to keep this information private. Federal regulators may also review firm records as permitted by law. We do not provide your personal identifiable information to mailing list vendors or solicitors for any reason. Year-end account information, requested on your behalf (e.g., client accountant, attorney, etc.) will only be released upon receiving your prior approval. At no time, shall such information be released without authorized approval. Personal identifiable information about you will be maintained during the time you are a client, and for the required time thereafter that such records are required to be maintained by federal securities laws, and consistent with the CFP Board Code of Ethics and Professional Responsibility and the CFA Institute Code of Ethics. After this required period of record retention, all such information will be destroyed.
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Terms of Use:·THIS IS A CONTRACT
·This website of Brick Financial Management, LLC. (Brick or Brick Financial) is provided as a free informational source for visitors. In exchange for using this WebSite, you agree to the following Terms of Use. If you do not accept these Terms of Use, do not use this WebSite.
·Headings used within these Terms of Use are provided for convenience only. They do not limit the scope of these provisions. Copyright:·Brick maintains copyright protection for all its writings and images that are placed on this WebSite, prepared for distribution through this WebSite, or placed elsewhere on the Internet.
·License is hereby given to download one copy of the material on this WebSite for personal, non-commercial home use without modification, and to e-mail pages of this WebSite. Any other distribution, republishing, posting, or transmittal of any or all material on this WebSite requires the prior, written consent of Brick. If you are media personnel, please contact Brick for additional information at 1-info@brickfinancial.com. Back to top No Warranties:·Brick strives to provide accurate and timely information on this WebSite, but there may be inadvertent technical or factual inaccuracies or typographical errors in these materials, for which we apologize.
·Brick reserves the right to make additions, changes, and corrections to this WebSite with or without notice of the same. BRICK does not guarantee that the material on this WebSite will be updated or otherwise changed in a timely manner.
·BRICK provides hyperlinks (links) to third-party WebSites only as a convenience to you. The fact that BRICK provides a link is not an endorsement, authorization, sponsorship, or affiliation by BRICK to that WebSite, its owners, or its providers. BRICK is not responsible for the content or privacy practices of these other entities.
·Links and all other material on this WebSite or published in connection with this WebSite, are published AS IS and WITHOUT WARRANTIES of any kind, express or implied, including warranties regarding the accuracy or completeness of the material published, warranties of merchantability and fitness for a particular purpose, and warranties arising from a course of dealing, usage, or trade practice.
·BRICK will not be liable for any damages whatever, including special, indirect, incidental, or consequential damages such as lost profits, lost data, or business interruption, arising out of or in connection with the use, inability to use, interruption of use, results of use, or interpretation of material contained on this WebSite, linked to this WebSite, or distributed in connection with this WebSite. Decisions based on any of these materials are your sole responsibility. It is your responsibility to take precautions to ensure that whatever you select from the World Wide Web for your use is free of viruses, worms, trojan horses, and other items of a destructive nature.Back to top
E-Mail:·Electronic mail (e-mail) submitted through this WebSite must not be considered either secure or confidential, because the World Wide Web through which it travels is not a secure medium.
·E-mail submissions are not guaranteed to be received by BRICK or any of it's associates. Applicable Law:·Any and all software available through this WebSite may be subject to export controls imposed by the U.S., and may not be downloaded. For all matters related to the use of this WebSite, you are responsible for compliance with all applicable law. Back to top |
