How are my assets protected?  How can I be sure they are safe?
All Client assets are custodied with Fidelity Institutional Wealth Services and are protected as such with all appropriate Federal and State authorities.

How can I be certain I will not end up in a Madoff-type situation?
The simple answer is that we keep ONE set of books.  All joking aside, all of you holdings are publicly-traded instruments, whose value you may check at any time, anywhere in the world, via any internet connection.  We could not modify or “cook the books”, even if we were so inclined.
Of course, your account is custodied with Fidelity, as set forth above, allowing you internet access to view your holdings and balances at any time, from any internet access point, worldwide.  This means that we do not actually "hold" any client assets;  ALL client assets, without exception or limitation, are held in the client's (perhaps newly-created) Fidelity account, to which both FSBW and the client have access.

I wish to hold onto certain stocks in my portfolio for personal reasons.  Can we do that?
Yes.  Some clients wish to hold certain equity positions for personal reasons (i.e. It was their father’s company; I wish to support a particular company for social reasons, etc).  FSBW honors these requests.

How do I become a Client of FSBW?
FSB Winchester accepts clients solely upon referral or invitation bases.  Should you wish to inquire about becoming a client, please fell free to email us at:
Robert.Broderick@FSBWinchester.com.

Do you have Account Minimums?
FSB Winchester generally represents individuals, families and Family Foundations investing a minimum of $100,000, simply because our preferred money management model becomes more cost-effective, for the investor and the firm, as the asset levels increase.  Frankly, for invested amounts below $100,000, the services provided by the firm greatly exceed the firm's recompense.  However, $100,000 is an arbitrary figure and the firm may wish to waive this requirement, in its discretion;  Please feel free to contact us should you wish to seek such dispensation.

What are your fees?  How are they charged?
Every client, regardless of account size, client tenure, age, sex, race, religion, creed and Golf Handicap Index is charged a flat fee of 0.50%, or 50 ‘basis points”, as it is often termed.  This fee is calculated based upon the total account value, less the client’s cash position, on the day on which the fee is assessed, which is the final business day of the quarter.  The fee is flat, does not discriminate among holdings in any way and will not be waived, in whole or part.  Then again, it will never be increased, either.
Fees are charged and billed quarterly;  Each Quarterly fee is, naturally, equal to 25% of the total per annum fee of 0.50% (i.e. 0.125%).  Clients are requested to submit payment promptly upon receipt of the Quarterly invoices.  Should this become an issue, the Firm and Client should discuss terminating the relationship.

What if I wish to simply pay once per year, rather than Quarterly?
For ease of Client accounting, Clients may wish to simply remit their entire yearly fee upon receipt of their First Quarterly invoice.  In this event, Clients will NOT be charged at the conclusion of that year’s next three Quarters if their Accounts increase in value (and a greater Quarterly fee than the pro rata already paid would have been due).  In this event, neither will the Firm reimburse, should a lesser amount have been due.

What assurance do I have that you will not dump all of my cash into other positions the day before the last day of the Quarter, charge the fee, and then put me right back into cash?
All account management decisions are discussed with the Client PRIOR to effectuation, i.e. ALL accounts with FSBW are  “non-discretionary”.  Therefore, all account activity requires specific client authorisation.

The Obligatory Legalese:

FSB Winchester, LLC. intends that this web site will be viewed by U.S. persons for informational purposes only.  This should not be viewed as a solicitation or offer of services in any jurisdiction in we are not qualified to do business.  FSB Winchester, LLC. may only transact business in the states that it is registered, excluded or exempted from investment adviser registration requirements.  Any follow-up, or individualized responses to individuals by FSB Winchester, LLC. or its representatives that involve either the affecting or attempting to affect the rendering of personalized investment advice for compensation, will not be made unless FSB Winchester, LLC. is in compliance with registration requirements or an applicable exemption or exclusion exists.  The content appearing on this web site should not be construed as a recommendation or advice on securities and users should consult with their advisors before making any investment decisions.   

The content appearing on this web site is the property of FSB Winchester, LLC. and is protected by intellectual property rights.  The research, articles and commentary contained on this website are accurate as of the date published and FSB Winchester, LLC. expressly disclaims responsibility for updating information.   FSB Winchester, LLC. also disclaims responsibility for third-party content, including information accessed through hyperlinks.

Users are reminded that the Internet is not a secure network and online access may be interrupted. 

These Terms and Conditions may be amended by FSB Winchester, LLC. at its sole discretion.