KMC WEALTH MANAGEMENT,LLC

CONNECT

Address:

5500 UTSA BLVD, SUITE 250 B
San Antonio, TX 78249

Phone:

210-834-5327

Fax/Other:

866-246-8188

Client Accounts and Fees

Client Accounts/Fees

Interactive Brokers LLC is the independent custodian of all accounts, and the broker/dealer through which trades are executed.  Each client has a separate, client controlled account with Interactive Brokers LLC, and grants discretionary trading authority to KMC WEALTH MANAGEMENT, which maintains a "master account" with Interactive Brokers LLC.  The client has access to the account 24 hours a day, and is able to deposit or withdraw funds (we request one week's notice so as not to encumber any funds that are to be withdrawn).  An Automated Clearinghouse ("ACH") link can be established between the client account and the client's bank account to facilitate transfers.  The client can close the account and terminate the relationship at any time, in which case fees are prorated.

KMC WEALTH MANAGEMENT and Interactive Brokers LLC are independent organizations and, other than the master account and client subaccounts, there is no relationship between KMC Capital Management and Interactive Brokers LLC.  A third party money management company named: Opcion Management LLC is solely responsible for all trade decisions made with the "Diversified Portfolio" client accounts.

KMC WEALTH MANAGEMENT charges a performance fee equal to 25% of the monthly cash on cash trading profit, if any - that is, if there is no monthly trading profit, there is no monthly performance fee.  The monthly performance fee is debited from the client account at the beginning of the following month.  There is no account maintenance fee.  Interactive Brokers LLC charges a commission of about $0.90 per option contract traded (about $1.80 per spread position).

Aggressive Strategy

Obviously, this strategy is aggressive, can incur high risk, is not for everyone, and is appropriate only for a small portion of an overall portfolio.  This strategy can be considered a personal "alternative investment" that is not correlated with the overall market  We have attempted to design a strategy that maintains as much liquidity as reasonably possible, while providing absolute return and performance substantially in excess of the S&P 500®.

Qualifed Client

The term "Qualified Client" is defined in Rule 275.205-3 of the Federal Investment Act of 1940, and generally means any person who: (i) immediately after funding the investment account, has at least $1,000,000 under management with the investment advisor; or (ii) has a net worth (together, in the case of a natural person, with assets held jointly with a spouse) of more than $2,000,000 excluding the person's primary residence.

VERY IMPORTANT DISCLAIMER: NOTHING CAN BE GUARANTEED, AND PAST PERFORMANCE IS NO GUARANTEE OF FUTURE PERFORMANCE.

THE STRATEGY DESCRIBED ABOVE IS VERY AGGRESSIVE, CAN INCUR HIGH RISK, IS NOT FOR EVERYONE, AND IS APPROPRIATE FOR ONLY A SMALL PORTION OF A PORTFOLIO.

 

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