Chao & Company’s wealth management service provides two types of investment services.
To act as an investment consultant or non-discretionary investment manager assisting and counseling clients in managing their portfolio. Clients retain the discretionary authority to make final investment or portfolio allocation decisions. They value our investment experience, knowledge, resources and guidance and look to us as a sounding board when they have doubts or uncertainty.
To act as an investment manager on a discretionary basis which gives Chao & Company the authority to make investment and asset allocation decisions on behalf of our clients.
Trust is a necessary ingredient in providing investment services, and Chao & Company offers a high level of transparency enabling clients the right to verify and continue the trust. This trust is fostered by keeping clients informed throughout our six step investment process.
As an investment adviser registered with the U.S. Securities and Exchange Commission, we adhere to the fiduciary standard promulgated under the Investment Advisers Act of 1940 ("Act"). Under the Act, our duties are clear and set the foundation for everything we do:
An investment adviser is a fiduciary whose duty is to serve the best interests of its clients, including an obligation not to subordinate clients’ interests to its own. Included in the fiduciary standard are the duties of loyalty and care. An adviser that has a material conflict of interest must either eliminate that conflict or fully disclose to its clients all material facts relating to the conflict.
Chao & Company prides itself in integrating the fiduciary standard into its culture, policies, procedures and its way of life. From transparency to disclosure, we put clients’ interests first and foremost.