Private Client Group

Managed Money

In addition to our traditional commission-based brokerage account, City Securities Corporation offers investors specialized investment strategies consisting of several managed money platforms. Please contact us or consult with your Financial Advisor to have an investment strategy tailored specifically for you through one of the investment programs below:

Mutual Fund Advisory – mutual fund advisory programs consist of a portfolio of mutual funds that are chosen to match an investor’s goals and objectives. Investors work with their Financial Advisor to assess their financial needs and objectives and to determine risk tolerance.  Based on the assessment, the Financial Advisor will review and suggest an asset allocation model within the mutual fund advisory program. Fees are paid in lieu of commissions and are based on the average value of assets held in the account.  These accounts can be discretionary or non-discretionary and are also known as a mutual fund wrap programs.

Investment Advisory – investment advisory accounts are comprehensive accounts that include advisory services and custodial/transactions costs in a single asset-based fee.  Investment advisory accounts can be set up to allow investors to make their own investment decisions with the option of seeking the advice of their Financial Advisor or the account can be designed for a professional money manager to make all of the buy and sell decisions. Once again, fees are paid in lieu of commissions and are based on the average value of assets held in the account.

                        City Securities Corporation designated investment advisory platform:

                                                Asset Advisor                                      

Additional Details:                   A non-discretionary investment

                                                advisory program, in which the

                                                client pays an asset-based fee for

                                                advisory services including profiling,

                                                investment plan/asset allocation,

                                                periodic updates to the plan       

How It Works:                          Client discretion, advisory          

Minimum Investment:              $50,000 

Separate Accounts – consists of a portfolio of investments owned directly by an investor (unlike a mutual fund) and managed by a professional money manager. The professional money manager decides when to buy and sell securities based on a stated investment strategy determined by the investor and his/her Financial Advisor. Separately managed accounts offer unique advantages such as direct ownership of securities, tax efficiency and the flexibility to exclude certain industries and securities from your portfolio. Separately managed accounts provide investors with a level of service and sophistication previously only available for the very affluent or institutional investors. Fees are paid in lieu of commissions and are based on the average value of assets held in the account.