![]() If you have elected to utilize the services of a Summit Investment Management adviser, you may still be able to check electronically depending on the custody arrangements for your portfolio. If you have invested through Catholic Values Direct, you can logon to Foliofn 24/7 to check on your account. Avoid circumstances that can lead to fraud.Consider rebalancing portfolio occasionally.Take advantage of “free money” from employer.Pay off high interest credit card debt.Be careful if investing heavily in shares of employer’s stock or any individual stock.Consider an appropriate mix of investments. ![]() Evaluate your comfort zone in taking on risk.What should I think about before I invest? You can change your elections at any time. To make automatic withdrawals, the value of your portfolio must equal or exceed the amount you wish to withdraw. If there is not enough money in your Foliofn on the date that you selected for additional purchases, Foliofn will skip the purchase for the current month but continue to try to add to the portfolio in coming months. If you plan to add to your account monthly, you will need to set up an electronic funds transfer from your bank to Foliofn so that the money needed to add to your portfolio is available. There is no dollar limit, so you can right size your additions or withdrawals to fit your needs. You can set up an automatic monthly transaction to add money to, or receive money from, your Foliofn account. and should reference your account name and your IRA account number.Ĭan I make automatic contributions from my bank account? The check should be made payable to Foliofn Investments, Inc. Once your IRA account is open, you should contact your 401(k) provider and instruct them to send a check for the entire value of your 401(k). To roll over a 401(k) into an IRA, when you open your account choose an IRA account as the type of account you wish to open and select the “rollover” option during the application process. No money is directly contributed to either the Catholic Church or to any Catholic institution or agency.Ĭan I roll over a 401(k) account into an IRA? Specifically, that means that the portfolios exclude companies that are engaged in practices prohibited by the Guidelines but also that Summit uses a part of the fees it collects to support advocacy efforts to convince the management of other US corporations to change their business practices to more closely conform to Catholic teaching. All of these portfolio strategies are intended to adhere to the Investment Guidelines set forth by the US Conference of Catholic Bishops. How is Catholic Investment Strategies different from other investment companies?Ĭatholic Investment Strategies comprise a group of portfolio strategies offered by Summit Investment Management, Ltd. Securities and Exchange Commission widely recognized for advocacy on behalf of investors. Your assets are held in a brokerage account in your name at Foliofn Investments, Inc. a self clearing broker dealer launched in 1999 by Steven Wallman, a former commissioner of the U.S. ![]() We’ll transfer that entire account to your new account. You can ask your current custodian to split the account from which you want to transfer a part of its holdings into two accounts, with one containing just the assets you intend to transfer. You can then open a new account and fund it by choosing the “account transfer” option and entering the account number of your new account at your old custodian that only contains the contents you want to transfer.You can email us at we will send you a form to fill out that will allow us to transfer assets on your behalf.Yes, we can complete a partial account transfer in one of two ways, however, each method requires some manual effort on your part: Complete the information and your IRA will automatically transfer in 5-10 business days.Ĭan I transfer a portion of an existing investment account? and select the option to transfer an existing account. Please open an IRA account with Foliofn Investments, Inc. Our account minimum is $10,000, which entitles you to a periodically rebalanced, diversified portfolio of common stocks. What is the minimum amount required to invest? You may like to open dedicated accounts for each of your savings needs such as buying a house, financing your kids’ or grandkids’ college education, or saving for retirement. ![]() You are welcome to open as many accounts as you would like as long as they aggregate to a minimum of $10,000. Frequently Asked Questions 4:17 am General ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |