Connors Investor Services provides portfolio management on a discretionary basis with transactions executed through qualified brokerage firms. Our firm acts primarily in an investment management capacity. We do not serve as custodian. Cash and securities are held either in insured brokerage accounts or approved custodian banks.
Clients receive portfolio valuations from us each quarter, showing all open positions, total value and measures of performance. In addition, annual statements of gains, losses, income and expense are available for reporting purposes. Telephone contacts and personal visits with clients vary according to the needs and wishes of the client.
Annual management fees are calculated as a percentage of assets under management and are dependent on the asset mix selected. The details of our services are specified in a written agreement that can be terminated at any time by either party.