Step 1 – The Investment Holding Firm Agreement
We will ask our clients work with TD Ameritrade Institutional
When selecting your preferred custodian, please be sure to also specify the following:
- New account types can include individual, joint, UGMA/UTMA, trusts, estates, partnerships, business, a/or a variety of retirement and other non-prototype accounts.
- Indicate any need to transfer assets from an existing brokerage account elsewhere.
- Authorize Durig Capital as Advisers on the account, or will
- Add Durig Capital advisory services to a previously existing account.
Durig Capital will email, mail or fax you the proper forms for your preferred custodian. The account should be established in your name, or a name already identified in an existing account. As clients often tell us that the most difficult part is understanding and completing the custodian’s documentation questions, we can assist you with clarifications, but the documents themselves are outside of our area of control. If you have any issue or question regarding any aspect the process, we invite you to give us a call. We deal with this paperwork frequently and can often save you time and effort, and possibly avert any unnecessary confusion or frustration.
Once this necessary hurdle is completed, the rest is quite easy. After the paperwork is returned to us, it typically only takes one day to establish the new records. All of our clients, unless it is not desired, will have direct online access to all equity and asset holdings, as well as to any and all records and be reporting (such as trades, values, confirmations, statements, and taxes) directly with your selected Custodian. This third party validation provides an extremely high level of transparency, flexibility, and accountability for you.