What's On Your Mind?
After speaking with one of our advisors and determining suitability, we would need to open an account at our custodian, Fidelity Institutional. Please contact us to discuss the account opening and funding process in more detail.
Any investment we make for our clients is held at Fidelity Institutional. This means our clients receive Fidelity statements, login to their account at Fidelity.com and use the Fidelity App to track their accounts.
Structured notes purchases can typically be made in denominations as low as $1000. However, Claro Advisors does have a minimum account size requirement of $100,000.
We do not charge transaction fees to invest. However, we do charge an advisory fee that is a percentage of assets under management. Read our Form ADV to learn more.
While structured notes can have some very attractive investment terms, they should be viewed as one option within your overall portfolio. Our advisors can help determine a percentage that may be suitable for your specific situation.
Claro Advisors (“Claro”) is a rapidly growing independent, "fee-only" registered investment advisor with the U.S. Securities and Exchange Commission ("SEC") based in Boston, Massachusetts. Claro has a diverse team of 14 financial advisors and 4 dedicated support staff members who work together to manage over $700 million in client assets ("AUM") held by our custodial partners, (Fidelity Investments and Charles Schwab).
A Registered Investment Advisor (RIA) is a firm engaged in the investment advisory business and registered either with the Securities and Exchange Commission (SEC) or state securities authorities. RIAs have a fiduciary duty to their clients, which means they have a fundamental obligation to provide suitable investment advice and always act in their clients' best interests.
Yes, we are professionally and legally obligated to act in your best interest. This seems like common sense however not all professionals in our industry are fiduciaries. Many brokers and insurance agents receive commissions for recommending specific investment products which may cause a conflict of interest. We only get paid by our clients.