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Trent Capital Management, Inc.
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In today's economic environment, investors want and need advisors they can trust. Trent Capital's professionals are focused on the best interests of our clients. Trent harbors no self-interest that creates conflict within the investment decision process. Our structure eliminates bias, restriction and negative influence in the pursuit of achieving each client's objectives in a prudent process.
Note & Quote
Hang in There: 4 out of every 5 households surveyed (80%) in late December 2009 were planning on leaving their stock investments unchanged during calendar year 2010 (source: Northwestern University).
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"Individuals who cannot master their emotions are ill-suited to profit from the investment process" Benjamin Graham
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From Our Investment Team
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Building long-term wealth requires counter-emotional investment decisions like
buying during times of maximum pessimism or resisting the euphoria around
investments that have recently outperformed. Unfortunately, investors too often let emotions guide their investment decisions. Successful long-term investors recognize that an unemotional,
objective, disciplined investment approach, which often includes buying at
times of maximum pessimism and exploring out-of-favor areas at times of maximum
optimism, is a key to building long-term wealth.
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Deposit of Employee Contributions
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In 2008, the U.S. Department of Labor issued new guidelines that in certain plans (those with fewer than 100 participants), the participant contributions for the plans must be deposited into the plan trust within seven business days of when the money was withheld from the employee paycheck. This was in response to the audit of several plans showing that companies were holding on to the employee contributions and using that cash to run the business. Then, if the business went bankrupt, the employee accounts were underfunded. The Department of Labor is considering similar rules for larger plans as well.
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Client Objectives
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At Trent we try to meet with our clients no less than twice a year for a face to face review of their accounts. We work closely with each client to define portfolio objectives and to select the appropriate mix of equity and fixed income investments that best fulfill the client's individual risk profile and financial requirements. In addition, as investment objectives change, we emphasize the importance of making timely adjustments. We strive hard to create a comfort level for our clients with regard to how their account is being managed.
Every Client is Not the Same:
- Assessing overall client objectives
- Understanding client's risk tolerance
- Qualifying client's income needs
- Adhering to restrictive covenants
- Developing appropriate diversification and sector weightings
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Keep Your Beneficiary Designations Current
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You can help avert problems for your heirs by making sure
the beneficiary designations in your financial accounts are proper and
up-to-date. If not, your life savings
could end up in the wrong hands, such as those of an ex-spouse or estranged
sibling, or unnecessarily distributed under court supervision.
You'll usually have to name beneficiaries on 401(k) plans,
annuities, IRAs and life insurance policies.
After your death, those accounts will pass directly to the people you
name and are not included in your probate estate. Some helpful tips in regards to these
accounts:
1. Don't leave
beneficiary forms blank or name your estate as beneficiary
2. Do list a primary
and a contingent beneficiary
3. Don't name a minor
as beneficiary (since they cannot legally control the funds)
4. Do review your
choices on older accounts and policies.
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