FRS Capital Management adheres to several principles of responsible investing to protect the investor.
First and foremost, we use independent, third part custodians who house the investors assets. Investment checks are always made payable to the custodian and the investor receives statements from the custodian.
Second, we are independent from any mutual fund company, insurance company or wire house. Therefore, our investment advice is not clouded by any outside influence.
Third, we have three levels of oversight on the investments we recommend. 1) FINRA is the self-regulatory entity with whom we are licensed and who monitors the investment companies with whom we deal and monitors the activities of our broker dealer; 2) Our broker/dealer, Geneos Wealth Management, Inc., sets compliance standards and rules of conduct to which we must adhere. They review each transaction and inspect our office on an annual basis; 3) Geneos Wealth Management uses the services of another independent company, Buttonwood International Group, to do a due diligence review of each investment company and product before we are allowed to discuss it with investors.
Fourth, we employ risk management techniques to assure that investors understand the risk/reward components of investing.
Fifth, for qualified plan sponsors, we employ investment management programs that allow the company to meet the requirements of ERISA section 404©. The implication of this is that plan trustees/fiduciaries have reduced or eliminated liability for investment results experienced by plan participants.
Sixth, we maintain errors and omission insurance that offers additional protection for the investor.
