Investment Advisor Frequently Asked QuestionsInvestment Advisor 1. What investment advisory services are available? Scott Scherrer performs ongoing research on securities to invest in. Client portfolios are designed to meet the client needs based on age, assets, and risk. Investments are chosen and trades are made within the accounts. Accounts are monitored regularly to determine moves to make. Lists of assets with valuations are produced. Organizing investment paperwork is also available for folks that need to get organized. Back to top 2. What are the qualifications? Scott Scherrer has been a private investor since 1976. He is registered with the State of Illinois. His registration application is available at www.sec.gov. He qualified for registration by passing the NASD Series 65 exam for Investment Advisors. Currently he manages about $1 million for clients. Back to top 3. Where are the assets kept? Accounts are opened at discount brokers in the client's name. Withdrawals can only be made by the client to the client. Back to top 4. What is the basic investment philosophy? The approach is a bottom-up approach. Stocks are chosen based on what they do and are purchased based on price. Companies are not picked that compete with each other. Sector weighting is only done indirectly. The goal is to pick winners, not to emulate the overall market or the economy. Back to top 5. How are stocks chosen? Using the SEC and corporate websites, research is done to get an understanding of the business. Then the financial history and accounting reports are studied to determine a value. The stock is monitored and value adjusted until the value price is reached. Back to top 6. How are fixed income investments chosen? Bonds, notes, and preferred stocks are chosen based on spreading maturities and investment grade ratings. They are bought to be held to maturity, not actively traded. CDs are bought within FDIC insurance limits. Back to top |
Downers Grove IL 60516
