Holly Ruxin was the keynote speaker at the Re$earch Money Conference “Building a Global Finance Marketplace” in Toronto, Canada on June 29th, 2016.
Building a global finance marketplace means building a new socio-economic model. How? Focus on sustainability of people.
Montcalm TCR, LLC (“Montcalm”) is a SEC registered investment adviser with an office in San Francisco, California. Certain Investment Adviser Representatives of Montcalm may also be licensed as registered representatives of Mutual Securities, Inc. (“Mutual Securities”) and may transact securities related business in that capacity. Montcalm may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Montcalm’s web site on the internet is limited to the dissemination of generic information pertaining to its advisory services, together with access to investment related information and links. The publication of Montcalm’s website on the internet should not be construed by any consumer or prospective client as a solicitation to effect transactions in securities or the rendering of personalized investment advice for compensation, over the internet. A copy of Montcalm’s current written disclosure statement discussing its business operations, services and fees is available upon written request. Montcalm does not make any representation or warranties as to the accuracy, timeliness, suitability, completeness or relevance of any information prepared by any unaffiliated third party whether linked to Montcalm’s web site or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment or strategy (including those recommended by Montcalm)or product made reference to directly or indirectly by Montcalm in its web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Historical performance results, investment indices and/or categories generally do not reflect the deduction of transaction fees, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which have the effect of decreasing historical performance results. Certain portions of Montcalm’s web site may contain discussion of and/or provide access to Montcalm (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and recommendations(s). Moreover, no client or prospective client should assume that any such discussion serves as receipt of, or a substitute for, personal advice from Montcalm or from any other investment professional. Montcalm is not an attorney, and no portion of the web site content should be interpreted as legal advice. To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to Montcalm’s web site, the client or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed in any manner whatsoever, as the receipt of, or substitute for, personalized individual advice from Montcalm or from another investment professional. Each client or prospective client agrees, as a condition precedent to his/her/its access to Montcalm’s web site, to release and hold harmless Montcalm, its officers, directors, owners and employees from any and all adverse consequences resulting from and of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from Montcalm.
Montcalm TCR LLC (“Montcalm”), an independent investment advisory and financial services firm, is committed to safeguarding the confidential information of its clients. We hold all personal information provided to our firm in the strictest confidence. These records include all personal information that we collect from you in connection with any of the services provided by Montcalm. We have never disclosed information to nonaffiliated third parties, except as permitted by law, and do not anticipate doing so in the future. If we were to anticipate such a change in our firm policy, we would be prohibited under the law from doing so without advising you first. As you know, we use financial and other personal information that you provide to us to help you meet your personal financial goals while guarding against any real or perceived infringements of your rights of privacy. Our policy with respect to personal information about you is listed below.
Client Relationship Summary of Your Investment Advisory Account with [firm name]
Introduction. Montcalm TCR LLC is registered as an investment adviser with the Securities and Exchange Commission. Brokerage and investment advisory services are different from each other, and it is important for you to understand the differences. In this Summary, “we” or “our firm” refers to Montcalm TCR, and “you” refers to our retail investor clients and potential clients. You can access free and simple tools to research our firm and other firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers and investing.
What investment services and advice can you provide me?
We provide investment advisory services to retail investors. Montcalm is a San Francisco-based investment management firm founded in 2012. Montcalm offers customized investment management services to individuals, trusts, estates, conservators and guardians, charitable organizations, corporations and other types of business entities as well as to a private investment fund as described below. Collectively, all clients of Montcalm are referred to as (“Clients”). Investment management services are offered primarily on a fully discretionary basis, unless otherwise noted. Some of the investment instruments Montcalm advises its clientele on include, but are not limited to, stocks, bonds, investment company securities, equity exchange-traded funds (“ETFs”), derivatives and private funds. Montcalm provides advisory services and portfolio management services but does not provide custodial or other administrative services at this time.
Additional information is available on our Form ADV which you can access here
Questions you can ask us
Given my financial situation, should I choose an investment advisory service? Why or why not?
How will you choose investments to recommend to me?
What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What fees will I pay?
Montcalm charges fees based on a percentage of assets under management. The specific fees charged by Montcalm will be set forth in each Client’s written Agreement with Montcalm. Although Montcalm believes its advisory fees are competitive, Clients should be aware that lower fees for comparable services may be available from other sources. Montcalm charges a minimum $1500 annual fee per household. Montcalm charges a monthly asset management fee based on the time-weighted daily average balance of the account(s) for the previous month. Asset management fees are calculated as of the close of business on the 19th day of each month and are debited from the Client’s account(s) on the following business day. Fees are generally calculated based on the following annual percentages; however, Montcalm may, in its sole discretion, modify its annual fee through written agreement with its Clients.
Please refer to your individual Client Agreement and associated fee schedule for further clarification: Annual Management and Advisory Fee (other than Montcalm Donor Fund):
1.0% on the first $2,000,000; 0.95% on the next $2,000,001 to $5,000,000; 0.90% on the next $5,000,001 to $10,000,000; 0.80% on the next $10,000,001 to $25,000,000; 0.60% on the next $25,000,001 to $50,000,000; 0.40% on the next $50,000,001 to $100,000,000; 0.20% on the remaining balance.
For Client accounts that have investments in private funds or other alternative investments the notional for such private fund and alternative investments included in the fee calculation will only be calculated on invested capital and unrealized gains in the alternative investment and only charged during the specific fund’s stated investment period, if any.
You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.
Additional information is available on our Form ADV which you can access here
A question you can ask us
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means.
Typically, the more assets there are in your advisory account, the more you will pay in fees, and we may therefore have an incentive to encourage you to increase the assets in your account.
Other examples?
You may also pay other indirect fees and costs related to our investment advisory services in addition to our principal fees and costs: such as management fees for private investments.
Additional information is available on our Form ADV which you can access here
A question you can ask us
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals are paid an annual salary and bonus based on their performance related to serving our clients and managing our portfolios.
Do you or your financial professionals have legal or disciplinary history?
None of our financial professionals have a disciplinary history.
You can visit Investor.gov/CRS for free and simple search tools to research us and our financial professionals.
A question you can ask us
As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
Please contact Holly Ruxin at 415-326-7640 if any additional questions.
A question you can ask us
Who is my primary contact person? Is he or she a representative of an investment adviser or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me?
