Investments can take the form of individual securities such as stocks, bonds and CD’s, or they can be packaged products such as mutual funds and exchange traded funds (ETFs), or a hybrid of similar securities. Since there is a wide array of investments available, it is important that access to investments not be limited either arbitrarily or purposely by a custodian. Access to investments may be limited due to a custodian’s desire to carve out an extra income stream for themselves directly from investment products, or by holding a client captive to their trading platform, or both. These “pay to play” schemes typically result in higher trading costs, higher ongoing expense ratios and/or limited access to specific securities.

Stellar built its reputation on its skills in researching, selecting and managing investments for client portfolios. Click here for a more detailed description on how we accomplish these tasks.