First Western Securities (FWS) offers investment advisory services, focusing on portfolio management. FWS uses a tactical allocation strategy to manage risk and improve performance, investing in various securities like stocks, bonds, mutual funds, and annuities. FWS manages accounts with or without authority to make trades without client approval. FWS may recommend third-party money managers, which could create a conflict of interest. Clients can set restrictions on the types of securities bought or sold in their accounts.
Fee Structure
First Western Securities charges a fee based on the value of your portfolio, ranging from 1% to 3% annually, but not exceeding 3%. This fee is paid monthly or quarterly in advance. You'll also be responsible for custodial and trading fees charged by the custodian and broker-dealer. You can end the advisory contract with advance written notice, and any prepaid fees will be refunded for the remaining period.