“The more things change, the more they stay the same.” (Proverb)
Jean-Baptiste Alphonse Karr (1808 – 1890)
Annex Wealth Management has made many changes over the past few years designed to benefit our clients and position the Firm as a regional leader in financial planning and wealth management services. In December of 2009 we under took our most significant change of the past 15 years in developing a new back office broker/dealer relationship with H. Beck Inc. From our client’s perspective, this process is going to be largely transparent and will have no impact on client accounts or holdings. In short, as the proverb goes, “the more things change, the more they stay the same”.
Existing Clients: You have likely recieved correspondence regarding the change to our new broker/dealer in one of two forms:
1. You may have received a letter directly from SII informing you that your advisor has left that company. SII is required to make this notice in order to move your accounts to our new firm and continue your relationship with your current advisor. You do not have to respond to this letter, or take any other action, in order for your accounts to transfer. Your accounts will move automatically and there are no costs or tax consequences to the transfer.
2. You may have received a UPS packet directly from Annex Wealth Management to move your brokerage accounts. In the packet will be a partially completed New Account application and an Account Transfer form, as well as a prepaid UPS envelope addressed to Annex to return the completed and signed documents to us for processing. You should call your advisor if you need any assistance in completing the forms. Again, there are no costs or tax consequences for you to make this transfer.
We are excited about the continuing development of our firm and the new opportunities that lay before us! We look forward to continuing to serve our existing clients and developing valuable new relationships.
For additional information, contact us here.
