General

What about Tax Management?
How do I establish an account with Oncubic?
What is the minimum I need to open an account?
Are there financial incentives for you to recommend certain financial products?
Do you take custody of, or have access to my assets?
Are my assets pooled with other investor funds?
How often do you review my investments?
Can I get money out of my account quickly in case of an emergency?
Do you contact me before you make trades in my investments?
One of my needs is for monthly income. Can you wire money to my bank account every month?
How often will I receive statements on my account?
Can I have duplicate statements sent to another family member, advisor, CPA, attorney or other trusted party?
Can I see my account balance and transactions on the Internet?
Since I can view my account on-line, will I also be able to trade it myself?
Is my account guaranteed?
What if I want to close my account? Will I have to pay a penalty?

Fees

What is the fee structure?
Why do your fees increase with my net worth or account size?
How do I pay you for your services?
Are the fees I pay your firm deductible on my tax return?
What about cheaper alternatives to Oncubic?

What about Tax Management?
Though long term buy and hold passive investments are inherently tax efficient, we go one step further to maximize your after tax returns. Each of the Oncubic strategies has a tax managed version that will be utilized in taxable accounts. Primarily, this involves the use of a short term municipal bond fund, suitable to your state of residency, in place of the taxable bond funds. We will also eliminate the foreign REIT asset class from taxable portfolios if it is present separately in your allocation. This asset class is less suitable for taxable accounts.

How do I establish an account with Oncubic?
Start with the Oncubic Risk Assessment followed by the Oncubic Investor Application, then follow the steps outlined in those sections.

What is the minimum I need to open an account?
There is no minimum asset size to open an account. However, there are minimum fees of $150/quarter.

Are there financial incentives for you to recommend certain financial products?
Absolutely not. We only recommend financial products that are suitable for you and that meet your financial needs.

Do you take custody of, or have access to my assets?
No. We use a discount brokerage, as a custodian, to hold your assets. You still maintain control of your assets. Only you retain the ability to withdraw any assets from your account. You will simply sign a Limited Power of Attorney on your account(s) to name us as the advisor. This provides us with the ability to interact with the custodian about your account(s), have trading authority and deduct our management fees.

Are my assets pooled with other investor funds?
No, all investors maintain their assets in individual accounts.

How often do you review my investments?
Your accounts are reviewed every business day. We make sure account transfers, contributions and distributions are handled correctly. Periodically, your portfolio is analyzed to check the allocation, re-balance asset classes to their target percentages, review performance and look for opportunities.

Can I get money out of my account quickly in case of an emergency?
Yes, your account is very liquid. If there is enough money in the money market to handle your request, we can usually transfer money into your bank account within 24 hours. If we would need to liquidate investments to meet your cash requirements, money would be available within 4-5 days. We recommend that you maintain a separate emergency fund so you don't have to prematurely liquidate long-term investments.

Do you contact me before you make trades in my investments?
As long as we are acting within the terms of the agreed upon asset allocation, and using agreed-upon funds we do not need to contact you. This includes all re-balancing, buying new positions due to contributions and selling positions to free up cash. We have found that most clients prefer this arrangement.

One of my needs is for monthly income. Can you wire money to my bank account every month?
Yes. We can set up your account for regular withdrawals on a monthly, quarterly or annual basis. In most cases there is no cost to you for this service.

How often will I receive statements on my account?
You will receive monthly statements from the custodian showing your balances, positions and any activity in the account. Periodically you will receive performance, tax and/or re-balancing reports from us.

Can I have duplicate statements sent to another family member, advisor, CPA, attorney or other trusted party?
Yes, we can arrange for family advisors and/or members to automatically receive duplicate statements. We can also send your accountant cost basis information and year-end tax statements.

Can I see my account balance and transactions on the Internet?
Yes. Once your accounts have been set up, you can access them via our website.

Since I can view my account on-line, will I also be able to trade it myself?
No. When you hire us to manage your assets, we make all the trades as we have agreed to do.

Is my account guaranteed?
No. The value of your investments will fluctuate, and there is no way to insure against investment losses. The brokerages we use as custodians for your assets have insurance (known as "SIPC" coverage) to protect against the possible loss of securities by the brokerage which does not include market losses. The advisors of Oncubic, LLC are also covered by errors and omissions insurance.

It should be noted that Oncubic will never have possession of your money; you will never write a check made payable to Oncubic. When you open an account, you will always make the check payable to the custodian for your benefit. If you mistakenly write a check to us, we will not cash it and it will be returned to you.

What if I want to close my account? Will I have to pay a penalty?
Our investment management contract is open-ended, meaning you may discontinue using our services at any time. You would not have to pay us a penalty, and any unearned fees would be refunded.

Fees

What is the fee structure?
While our fees are very low by industry standards, we need to speak to you about your specific situation to quote you a price. Please contact us for a quote.

Why do your fees increase with my net worth or account size?
Our fees increase at a decreasing rate with account size because the complexity and liability increases when there are more assets, liabilities, legal and tax issues involved.

How do I pay you for your services?
Investment management fees are collected at the beginning of every calendar quarter. Our management fee is billed directly to the accounts so there is no need to write us a check every time.

Are the fees I pay your firm deductible on my tax return?
Depending upon the scope of our engagement, all or part of our fees may be deductible. Please consult your tax advisor.

What about cheaper alternatives to Oncubic?

You will just have to use your own judgment. Our fees are low by industry standards but not the cheapest. Obviously, you can give your service away if you like. Oncubic, because of its use of advanced information technology, is extremely efficient and is therefore able to deliver a reasonable profit to the owners along with great returns for clients. It is doubtful that you can offer this service for less and avoid ultimately failing as a business or raising your fees. We feel that continuity of advice is important for investors to benefit from the long term capital market rate of return.