Reviews on Day and Ennis in Macon Ga
Day & Ennis, registered in 2003, serves 2 state(s) with a licensed staff of 4 advisors. Twenty-four hour period & Ennis manages $361.i million and provides investment advisory services for 257 clients (one:65 advisor/client ratio).
Firm Information
Disciplinary Questions
After checking the disciplinary records of 24-hour interval & Ennis, our organization establish no disciplinary questions to enquire. Checks accept place monthly.
Disharmonize Questions
After checking the regulatory records of Solar day & Ennis, our organization has identified the following question(s) to inquire. Larn more.
Does Twenty-four hour period & Ennis offering mutual funds that accept 12b-ane fees?
12b-1 fees increase the total annual cost of owning a mutual fund with no guarantee of higher returns. Some firms receive these fees as payments, which creates an incentive to promote them.
Does Twenty-four hour period & Ennis offer products that have operation-based fees, or does it accept functioning-based fees? Will any of my assets be invested in those products?
When operation-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an alphabetize. While this may seem like an bonny compensation structure to ensure your advisor is making your money piece of work for you, often, the managers of those products are incentivized to have inappropriate risks to beat their performance benchmark. For example, enquiry has shown that mutual funds that use incentive fees take on more adventure that funds that do not, and tend to double down and increase their chance post-obit a poor performance. This could exist detrimental to a client during down markets.
Does Day & Ennis perform side-by-side direction? How does Twenty-four hour period & Ennis mitigate conflicts that arise from managing accounts with differing fee structures?
This typically occurs when firms manage mutual funds or hedge funds aslope smaller retail accounts. Side-by-side management can create an incentive for the advisor to favor the larger funds, potentially leading to unequal trading costs and unfavorable trade executions for their retail clients.
Which securities does Day & Ennis trade for itself that it volition also be recommending to me?
Day & Ennis has marked in their disclosures that they merchandise recommended securities. While this oftentimes can be seen as "eating your own cooking," there are several inherent conflicts that can arise. For example, front end running is when a financial professional buys or sell securities alee of their customer. In short, any financial professional person should disclose all positions they concur (or have sold short) that they volition too be recommending to you.
Our system establish no other conflict questions to ask. Checks take identify monthly.
Disciplinary History
An of import aspect of the Trust Algorithm is processing the SEC Form ADV Role i filing of each Registered Investment Advisor (RIA). "Item xi Disclosure Information" contains a listing of valuable disclosures that are relevant for Americans.
As identified in SEC Form ADV Role ane, Item eleven "Disclosure Information", the Trust Algorithm identified the following disciplinary disclosures for Day & Ennis:
Toll
Unfortunately, there is no unmarried, compatible pricing standard for working with a fiscal advisor. Catchphrases, including "fee-only," can be helpful; nevertheless, Americans oftentimes go confused with competitors promoting "fee-based" in response.
Ultimately, to understand the underlying costs of advisory services, we ever recommend asking for an itemized fees breakdown and reading the firm'southward ADV Part two Brochure (Item 5, "Fees and Compensation").
View Fee Disclosures
FAQs
What services tin can Day & Ennis provide?
As a financial advisory house, Day & Ennis can provide a variety of financial planning services for Americans. Fiscal advisors assist you lot achieve your life goals, due east.thousand., saving for retirement, by creating a comprehensive financial programme and managing your investment portfolio (due east.chiliad., stocks, ETFs, common funds, bonds).
Financial planning services can include tax planning, manor planning, retirement planning, or life-based event planning such every bit saving for college, getting married, purchasing a dwelling, paying down debt, or planning an inheritance.
Where is Mean solar day & Ennis headquartered? Which states do its financial advisors serve?
Day & Ennis is headquartered in Macon, GA and currently serves in two states: Georgia, Texas.
What is the boilerplate client balance at Day & Ennis?
While Twenty-four hours & Ennis advises clients across a variety of portfolio sizes, the boilerplate client balance is currently $1,405,021. In full, Day & Ennis manages $361,090,514 in avails.
What is the historical performance of Day & Ennis?
The SEC, nor FINRA, tracks portfolio performance metrics for the financial planning industry. As a outcome, different hedge funds, in that location is no historical performance for whatsoever financial advisory business firm. Fiscal plans and investment portfolios are always unique to the client's personal financial situation.
Can I write a review of Day & Ennis or file a complaint?
investor.com relies on regulatory data from the SEC to charge per unit and review financial counselor firms. Every bit a issue, we do not back up personal reviews on the site. To file a complaint or dispute with this house, please fill up out the SEC Investor Complaint Class.
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