Frequent Questions
How do I get started?
Call us today at (415) 249-6336 or email us at info@deltaim.com. You can also go to the "open account" page and view and pull down the new account opening documents.
May I invest directly with Delta Investment Management?
Delta Investment Management does not take custody of assets. As a result, you must open an account with a brokerage firm. If you already have a brokerage account, chances are we can manage your account at that firm; however, we cannot manage your account through many of the discount firms. If you need help finding a brokerage firm, or would like to check if we can use your existing firm, please call (415) 249-6336 or send an email to info@deltaim.com.
Do I get monthly statements from Delta Investment Management?
Because your assets would be held at a brokerage firm, that firm would send you monthly statements and trade confirmations. Furthermore, most brokerage firms have online account access, so you would be able to review your account any time you wish. Delta Investment Management will provide you with a quarterly report that shows the performance metrics of your account. We are always available to jointly review your account with you by phone.
How fast will you invest my assets after I open my account?
Depending on which investment strategy you select, we will deploy your capital as soon as we believe it is prudent to do so. In the Delta Tactical strategy, if the market sentiment is bullish, we will put money to work shortly after the account is opened. We are very disciplined in our approach.
Do you work on margin?
Delta Investment Management only works on margin in cases where you provide special instructions for us to do so. Delta Tactical is a long only no margin program.
May I use two different accounts to meet the $100,000 minimum?
The stated minimum account size is $100,000 for each account. Delta Investment Management reserves the right to make exceptions to this policy.
May I do more than one Delta Investment Management portfolio style in one account?
We have to separate the different styles into different accounts. If you want DeltaIM to manage multiple styles, each style must be in its own separate account and each style must meet the minimum account size.
How do I decide which Delta Investment Management portfolio to use?
We recommend that you consult with your financial advisor to determine what is suitable. We can provide additional information to help you or your advisor with the asset allocation process. If you do not have an advisor, please contact us at (415) 249-6336 or send an email to info@deltaim.com.
May I trade some of my own ideas in the same account?
We cannot share an account with you. It is too difficult to separate our performance from your performance. You will have to trade your own ideas in a separate account. However, you may make special requests to hold or sell particular stocks for tax purposes. To do so, please call us at (415) 249-6336 or send an email to info@deltaim.com.
Does Delta Investment Management have the ability to withdraw assets from my account?
Delta Investment Management cannot withdraw any of your assets, except for our management fees, with your written permission. If you prefer to pay your management fees outside your account, we'll arrange that for you.
What is Delta Investment Management's turnover?
Turnover will depend on the type of account management you request. Generally, portfolios are actively traded and turnover can be high. Portfolio activity can change dramatically, based on market conditions. Due to the high activity of some portfolios, special considerations may be given to tax issues.
Does this mean that I will pay a lot of short-term capital gains?
Delta Investment Management tax-efficiency is basically a residual effect of its stock selection and investment process. Our core belief is to attempt to provide positive absolute returns as a primary objective even if our asset holding time as mandated by prevailing tax law is short-term rather than long-term. Clients always have the ability to harvest gains/losses throughout the year.
Do you manage IRA accounts?
Yes, Delta Investment Management manages IRA accounts. Given the typically high turnover of the account assets, IRA accounts are particularly well suited for our programs as they are tax advantaged.
How will I receive my year end tax information?
You will receive a 1099 tax reporting form from your custodian.
Will I have Internet access to my account?
Yes. Internet access will be provided by your custodian.
How much of my account in insured?
Your account is held at Ridge Clearing & Outsourcing . spin out of ADP. Each client.s account is protected up to $150 million, including cash of up to $2 million. The first $500,000 of coverage (including $100,000 on cash holdings) is provided by the Securities Investor Protection Corporation (SIPC).
Ridge Clearing & Outsourcing Solutions purchases an additional insurance policy through London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter). A $600 million aggregate limit applies as well, which is the most the London Underwriters will pay in the event of liquidation. SIPC insures the assets held in brokerage accounts if the brokerage firm fails.
SIPC does not protect investors against investment decline or loss.
