Frequently Asked Questions
Why should I invest in the markets?
The stock market has been a great way to grow and preserve your wealth over time. The average stock market return is about 10% per year, as measured by the S&P 500 index. More recently, interest rates have increased and your checking account may not reflect this change. The U.S. Treasury is offering rates close to 5%. It is time to take advantage of higher yields as well.
Is an investment manager the right choice for me?
Investing in the markets is a tool that can enable significant individual wealth creation, allowing you to have greater control over your future. However, investing and researching the securities markets is a commitment that is daunting and at times emotionally driven.
At Omkara Capital LLC, we strive to create a financial road map and portfolio that will increase the probability that your future financial goals are accomplished. The portfolio we create and manage on your behalf is based on foundations that aim to eliminate emotional tendencies, such as buying high and selling low. Timing the markets is near impossible and by constructing a portfolio in an efficient manner, we can reduce volatility by managing risk and costs. Furthermore, our holistic investment strategy utilizes a financial plan, diversification, tax harvesting, and monitors transaction costs closely.
Why choose an independent Registered Investment Adviser over a bank and/or broker?
An independent Registered Investment Adviser differs from a private bank and/or broker in many ways, with the most important being:
Independence – Omkara Capital LLC is privately owned by its employees. We don’t answer to shareholders, which means we’re not encouraged to push expensive proprietary investment products that aren’t in the best interests of our clients. We receive zero commissions from any investment product utilized. This allows us to put our clients’ interests before our own short term profits.
Flexibility – Each client is different. Instead of forcing a client into one of three buckets or risk objectives, each client has their own unique portfolio. In addition, due to our size, we can afford to be more nimble in various market environments.
Responsibility – Our clients are of the highest importance to us. There are no corporate ladder politics that interfere with our portfolio management. We are here to service the client at any time, rather than just in a 9-5 window.
Turnover – Large Wall Street banks and brokers experience extensive turnover as their employees try to climb the corporate ladder. Once you become comfortable with an individual managing your money, they may move on to greener pastures. We on the contrary will always be here for you, aspiring to improve your financial well-being.
How are your fees structured?
We charge an annual management fee to manage your investment portfolio and create a financial plan. We do not sell commission based products. Selling investment products eats into your bottom line, something we strictly avoid.
There are additional costs that a client can accumulate if they don’t do proper research. Such as – high transaction costs, account opening costs, and liquidation costs. All of these eat into the portfolio’s bottom line. Therefore, we keep our management fee at the lower end and strive to reduce additional costs wherever possible.
Where are my assets held?
We utilize Interactive Brokers and Charles Schwab as our custodians. Each client of ours has a unique financial situation, therefore, we want to provide them with a custom solution. Included in that solution is a custodian that fits your needs the best.
Can I access my portfolio(s) and account statements online?
Yes, you can view your portfolio(s) and statements online.
How can I track the performance of my portfolio?
We provide our clients with detailed performance reports. These reports are generated by a 3rd party, our custodian, Interactive Brokers and Charles Schwab. We can send you the reports anytime via password encrypted email.