Published on greenfaucet (http://www.greenfaucet.com)
You Don't Make Money, We Don't Get Paid
By Chip Hanlon
Created 2009/04/17 - 8:42am

It's a phrase we've trademarked because it represents something new for Delta Global.

For the first time in quite a while, we're taking on new private clients (a part of our practice we nearly did away with).

The twist is: they'll only be paying us if their accounts rise in value. No annual management fee, percent of profits. Complete details here [1].

Some restrictions on account size and investor qualifications apply, no surprise.

And maybe we've missed it, but we're not aware of anyone else who does this. And based on the wildly positive initial response (investors seem tired of paying fees while their accounts get clobbered), we suspect it could catch on elsewhere.

The things we do globally are pretty unique and because we focus on providing internaional equity research services to institutions we may only be accepting new private clients for a limited time, so check it out [2].

In the past I've made occasional mention of things we're up to, but nothing as self-promotional as this. On the one hand: pardon me. On the other hand: it's the last day for this blog, so what the heck?


Source URL: http://www.greenfaucet.com/hanlons-pub/you-dont-make-money-we-dont-get-paid/75752

Links:
[1] http://www.deltaga.com/wealth-management-overview-3.html
[2] http://www.deltaga.com/wealth-management-overview-3.html