FAQ
Question:  How do you customize Client accounts?
Some of clients are older, some younger.  Some were burned by technology stocks during the internet bubble; other's have invested in stocks since the 1970s and know well, volatility of a variety of economic cycles.  We choose different securities for our clients according to their objectives, past experiences, and preferences.

Question:  Who is responsible for my account?
The senior portfolio manager manages every client account.

Question:  Does the manager invest in the same companies that he invests in for clients?
Yes.  We believe in the investments we make for our clients and invest our own money in many of the same securities.

Question:  What is your minimum size account requirement?
Presently our minimum account size is $100,000.

Question:  What is the management fee?
The normal account fee is between .5% and 1.5% percent per annum of Assets under Management and it is billed quarterly in advance.

Question:  Does Barnes Capital LLC hold clients' cash and securities?
No.  The client shall appoint Pershing LLC as "Custodian" to hold the securities and other assets in the portfolio.  Pershing is an affiliate of the Bank of New York and they support the operations of more than 1100 financial organizations worldwide.

Question:  Do you charge any other fees to your clients?
No.  Clients transaction fees are paid by Barnes Capital.  The management fee is a net fee.  With the exception of mutual fund expenses which are hidden and typically paid out of a funds' dividend income.  For most transactions Pershing charges Barnes Capital $13.

Question:  If I wish to maintain a relationship with my broker while delegating the management to you, would you be willing to place the trades through her or him?
Unfortunately not.  We have found that we are not able to deliver the same level of service when assets are custodied with another broker.  In exceptional circumstances we will work with outside custodians if our custodian is unable to custody a specific investment asset.

Question:  Will you work with my accountant, attorney, investment consultant and financial planner?
Yes, we welcome the opportunity.  We currently work with clients' advisors and coordinate our management with their tax, estate and financial planning needs.

Question:  Why aren't you a hedge fund?
Separate accounts are better because the flows created by client contributions and redemptions have no effect on the performance of other clients.  Furthermore, our fee structure is cheaper for our clients compared to hedge funds.

Question:  Do you develop other retirement strategies for business owners?
Yes, we work with outside consultants to develop defined benefit plans for business owners and other strategies such as lump payout distributions.

Question:  How fast can I get money out for emergency purposes?
1-2 business days for taxable accounts.  Withdrawing funds from retirement assets are trickier; they may take 2-20 business days and carry a redemption fee to the federal government in some cases.

Question:  How do I cancel my account with Barnes Capital?
You may cancel at any time during the quarter with 30 days written notice.  Billings are done on the first day of the quarter and each quarter and calculated on the basis of the value of the account at each quarter's end.

Question:  How do you get my Accountant the tax information he needs regarding my income and capital gains and losses?
We can generate this information in 1-2 business days upon your or your accountant's request.