We have listened to our clients over the years tell us what is important to them. As a result, we have built our practice stressing high quality, personal attention to each client. We have put together a dedicated staff that knows who you are when you call, ensuring that your questions or concerns can be addressed immediately. We pride ourselves on a seamless delivery of service to you. For example, whether it is coordinating personal and pension accounts, withdrawing or adding money to your management account, changing beneficiaries for an IRA or providing tax information to you, we want to make your investment experience as uncomplicated and simple as possible. Click here to go to Client Communications
Independent, objective advice
OMC Financial Services, a registered investment advisor, is an independent management firm that is not commission driven. All accounts that are held at Charles Schwab and Co. are fee-based, non-commission accounts*. We work only for you and that means your success is our success.
*The associates of OMC are also registered representatives of FSC Securities Corporation of porno, and as such, sell securities products on a commissionable basis, as disclosed pursuant to federal and state securities laws. This does not apply to new clients of OMC.
- Client Communication
- Schwab Institutional
We believe that regular, thorough communication is one of our most important services. As a client of OMC you receive:
Easy access to staff – We have an 800 number and an email address so you can contact us no matter where you are. During business hours, you speak to a real person, not a voice mail system or an automated menu. Someone is always available to answer your questions.
Annual reviews – Change is inevitable, so we conduct annual reviews with every client. This way we can keep up with each other as well as changes in the market or tax laws.
Quarterly performance reports – Every three months OMC provides a summary of your holdings and their current value, along with purchase dates and cost basis. We also show performance for the quarter. These reports are straightforward and easy to read.
Capital gain/loss reports – OMC provides you and/or your tax professional with reports that detail your capital gains and losses for the year. You will receive this tax information throughout the year. A December report is issued to help with any last-minute tax planning
Access to account information – Through our website you can access holdings, values, etc. on your account. Please note this area is currently under construction.
Monthly Schwab reports – Schwab will send out a report of your portfolio holdings each month.
Client assets are held in accounts at Schwab Institutional, a leader in working with independent advisors such as OMC. This affiliation provides many advantages for OMC and our clients:
Discounted transaction costs – We can purchase mutual funds with no loads or transaction fees through Schwab One-Source. Rates on trades in individual securities are discounted. We negotiate periodically with Schwab to keep transaction costs as low as possible.
Moneylink – Schwab’s Moneylink service allows us to transfer funds from our clients’ investment or IRA accounts directly to their bank accounts. The service is free, quicker than regular mail, and can be completed while you are traveling, if necessary.
Institutional trading desk – All of our trades are made through experienced traders who work exclusively with fee-based managers.
Computer link – A special computer link between OMC and Schwab Institutional gives us instant access to your investments. This enables us to submit trades and monitor all activity in your account.
Dedicated service team – A select service group at Schwab helps us track accounts, disburse funds, establish/transfer/rollover accounts, etc.