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Category: MutualWealth

Investment Management

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Can I look up and monitor my portfolio with MutualWealth online? Where? And what sorts of things can I do in this online portal?
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Can I look up and monitor my portfolio with MutualWealth online? Where? And what sorts of things can I do in this online portal?

Clients can see the account holdings and transactions daily online, as well as up to 13 months of historical statements and transaction detail.

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Is a long-term contractual obligation required for MutualWealth to manage my portfolio?
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Is a long-term contractual obligation required for MutualWealth to manage my portfolio?

No. Our agreements only cover the period of time that the client chooses to work with us. There are no lockup periods or long-term agreements.

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How many portfolio accounts (or how many assets) does MutualWealth manage?
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How many portfolio accounts (or how many assets) does MutualWealth manage?

MutualWealth is managing over $600 Million for 1,500 client accounts.

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What is the fee structure for MutualWealth to manage my investments?
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What is the fee structure for MutualWealth to manage my investments?

Fees are 1 percent of the assets under management on an annual basis and decline from there based on the size of the account.

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When I invest with MutualWealth, who is actually holding my money?
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When I invest with MutualWealth, who is actually holding my money?
MutualWealth holds client assets at an independent custodian. Mutual funds are held at Fidelity and exchange traded securities are held at Bank of New York.
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Does MutualWealth charge separately for financial planning?
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Does MutualWealth charge separately for financial planning?
No. All of our services are typically included in the investment management fee.
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Can I arrange monthly withdrawals from my portfolio account?
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Can I arrange monthly withdrawals from my portfolio account?
Yes. Clients can elect to have funds distributed from their accounts electronically or by check as often as monthly, but can elect quarterly, semiannual or annual distributions if preferred.

 

 

These questions and answers are provided for general information only and may not be completely accurate in every situation. The information provided is not legally binding on MutualBank or any of its affiliates or subsidiaries. For assistance with specific questions regarding your account(s), please contact us.

ALL YOU NEED TO KNOW

Frequently Asked Questions

 

 

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