RIM primarily custodies all client accounts at Schwab Institutional and directs trades either through Schwab or with Schwab as prime broker to trade with our choice of other broker-dealers. Charles Schwab Institutional is the leading U.S. provider of custody and trading services to private investment advisory firms. Schwab provides 1,800 professionals to support over 6,000 independent advisory firms with $500 billion under management.

Clients receive all monthly statements, trade confirmations, and annual reports (if desired) directly from Schwab. On-line access is available for instant access to your accounts. Schwab does not charge for custody and statements, and we have negotiated the lowest possible commissions on your behalf.

Through SIPC and Lloyds of London insurance, client portfolios are protected up to $150 million from losses resulting from insolvency or liquidation. In essence, Schwab is our “bricks and mortar” and RIM, through limited power of attorney, is the local investment advisor.