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Our approach

A Specialized Team Approach

Our advice is delivered by Sam Tapia, a PIM® Portfolio Manager with the CIMA® designation, along with over 20 years of experience helping clients successfully navigate the financial markets and their unique lives.
We collaborate with firm specialists and external professionals – including CPAs and attorneys – to provide clients with access to broad expertise in an effort to help integrate all aspects of their wealth.
Our team also leverages the resources of Wells Fargo Advisors, a global leader in wealth management, to help clients address the many wealth issues they may face.

The Private Investment Management (PIM®) Program

The Private Investment Management (PIM®) program is a customized portfolio management program geared toward your specific investment goals. Sam Tapia has met stringent criteria based on experience and expertise, and he acts as your personal Portfolio Manager

The PIM® program is designed for investors who:

  • Want a customized investment program based on an active approach to asset allocation
  • Prefer a portfolio manager who can make investment decisions on their behalf
  • Are seeking long-term portfolio management through diversification while keeping underlying investment costs to a minimum
  • Seek the flexibility to build and maintain a portfolio using a diverse selection of investments
  • Value a high level of professional services and personal attention once available only to high-net-worth clients
Fees for the PIM® program include Advisory services, performance measurement, transaction costs, custody services and trading. Fees are based on the assets in the account and are assessed quarterly. There is a minimum fee of $250 per calendar quarter to maintain this type of account. The fees do not cover the fees and expenses of any underlying packaged product used in your portfolio. Advisory accounts are not designed for excessively traded or inactive accounts and are not appropriate for all investors. During periods of lower trading activity, your costs might be lower if our compensation was based on commissions. Please carefully review the Wells Fargo Advisors advisory disclosure document for a full description of our services, including fees and expenses. The minimum account size for this program is $50,000.

Criteria for PIM® Portfolio Managers

The criteria for entry into the PIM® program are more stringent than most other programs Wells Fargo Advisors offers.

The full process to obtain the PIM® designation can take 60 days to complete and includes a three-step process. The first step is meeting basic eligibility requirements, which include a minimum of two years’ experience as a portfolio manager, five years of industry experience, successful completion of various securities exams, and approval from branch and regional superiors.

Only then can a Financial Advisor complete an application, which includes questions covering investment style, strategy, philosophy, and research methods. Once approved, the Financial Advisor must complete advanced training, including an ethics exam, a proxy exam, and an advanced, 40-hour portfolio management training course.

 

PIM® Program Summary

  • Ability to hold a wide range of asset types within one portfolio, eliminating the need for multiple accounts
  • Access to Wells Fargo Advisors’ qualified and experienced Financial Advisors to act as your Portfolio Manager
  • One fee based on the size of your account, rather than traditional trade-based commission charges

We will guide you through a consulting process to ascertain your investment goals and risk parameters and then use asset allocation to construct a portfolio of various securities chosen to help meet your financial objectives.

As your Portfolio Manager, we will actively manage your portfolio on an ongoing, discretionary basis using our individual investment style.

By appointing experienced investment professionals to provide you with sound investment advice, manage your portfolio, and rebalance your investment mix when necessary, you free yourself from the time-consuming task of choosing and reviewing your investments.