Frequently Asked Questions

Everyone has questions from time to time, and we welcome yours!

Check the list of Frequently Asked Questions, and if you don't find your question or the answers you need, please contact us toll free at 888-391-1950

What is Anchor Bay Capital?

Anchor Bay Capital is an institutional private money management firm serving high net worth individuals and institutions throughout North America. With founder Scott Spiering at the helm and its seasoned management team charting the course, Anchor Bay Capital has become a highly respected money management firm.

What is Anchor Bay Capital's core business?

Anchor Bay Capital is a discretionary, fee-based money management firm providing custom-tailored, private portfolio management to high net worth individuals and institutions. The company is not a broker/dealer and derives no revenue from commissions or transaction charges. Instead, Anchor Bay Capital charges a percentage of assets under management. The firm's incentive to perform well is directly aligned with clients' investment objectives. Anchor Bay Capital also has no involvement in investment banking activities, an area often presenting numerous conflicts of interest.

What is the Anchor Bay Capital approach?

Anchor Bay Capital fundamentally believes no investing style is permanently superior; instead, we understand that styles and philosophies cycle in and out of favor. We hold steady to the course, employing a variety of strategies and dynamically managing client assets over time. At its core our approach is all about finding value and selecting high-quality investments. We are also committed to continuous development of new technologies and analytical methods to help understand capital markets from different perspectives.

How does Anchor Bay Capital make money?

Anchor Bay Capital is a fee-based money manager; our fees are based on a percentage of clients' assets under management, making our incentive to perform well directly aligned with our clients' investment planning objectives. Many investment advisers are commission-based, which may create an incentive to increase turnover in your portfolio. Not Anchor Bay Capital; we have found our fee schedule to be more cost efficient than many of the alternatives available to individuals, including the average no load mutual fund. Please contact Anchor Bay Capital and we will be happy to discuss your specific situation.

How is Anchor Bay Capital different from other money managers?

Many money managers are dedicated to one specific style of investing, using a static approach to style and asset allocation. As a result, these managers tend to do very well when their style is in favor and poorly when it falls out. Anchor Bay Capital is a unique money manager we have found success in utilizing a dynamic approach to asset and style allocation.

What is Anchor Bay Capital's track record?

Overall, the company has produced a track record that we believe many other financial advisers would envy. Contact Anchor Bay Capital today and allow us to discuss those investment planning strategies and track records most relevant to your personal objectives.

Why should one choose a separate account manager over a mutual fund?

Mutual funds, by definition, are a pooling of many investors' assets. For this to work well for everyone involved, each investor's objectives and circumstances should be identical, which is seldom the case. A key benefit to having a separate account is the ability to structure a portfolio according to specific needs. With a separate account, issues such as concentrated positions, personal tax situations, income needs and ethical concerns can easily be addressed. For more information about the benefits of a separately managed account, contact Anchor Bay Capital today.

What is a fiduciary?

A fiduciary relationship is one founded on trust or confidence reposed by one person in the integrity and fidelity of another. In the investment world, a fiduciary is an investment professional in a position of trust and confidence with a duty to act in the best interest of the client and to place the clients interests ahead of his or her own. Only Registered Investment Advisors and some financial planners are required to be fiduciaries. Rule 202, issued by the SEC in 2005, requires stock brokers to disclose they aren't fiduciaries. What does this mean to you, our client? Not only do we promise to act in your best interest, we are subject to severe penalties if we fail to do so. Stock brokers have no such disincentive. For this reason we feel the term Financial Adviser is appropriate only when dealing with a Registered Investment Advisor or Certified Financial Planner.

In what ways does Anchor Bay add value?

Diversified portfolios. After in-depth consultation with you we build a diversified portfolio tailored to your risk profile. We invest your account in a diversified mix of stocks and bonds that is custom-tailored to your unique needs and goals. Depending on the portfolio size we employ a variety of individual blue-chip stocks and high-quality bonds.
Stock selection focused on quality and value. We look for high-quality stocks that are trading below our estimate of intrinsic value based on our internal fundamentally-driven valuation models.
Sophisticated investment techniques. We employ sophisticated techniques such as our covered call option premium strategy, which is to generate additional portfolio income and reduce downside risk by locking in a portion of your return.