CapSouth Wealth Management is offering an innovative way to invest with our firm. Using our expertise, that you know and trust, we’ve built a diverse suite of portfolios using “Institutional Intelligent Portfolios®”, “Schwab Performance Technologies”, and “Charles Schwab & Co., Inc.”. CapSouth Pro-Investor is an automated investment management service that enables you to independently open accounts and invest online or on your mobile device.

While we have automated the process of investing, we are still maintaining control over the portfolios accessible on the platform.  This enables us to preserve the high standards and levels of service we are committed to providing to all our clients. Through CapSouth Pro-Investor, accounts can be automatically rebalanced to targets for any account, starting at only $10,000.  Automatic tax-loss harvesting is also available for accounts over $50,000.  The paperless onboarding and funding makes getting started simple and quick.

Your portfolio will be held in a brokerage account at Charles Schwab. This enables your accounts to be integrated and you can easily access them through the Schwab website and apps. Your account will maintain the same high level of security as any Schwab Alliance account you may have.

Once you have opened an account, Charles Schwab will provide you with an account number. Depending on what type of account you open, you have the option to wire money into your account (you need to check on wire fees at the sending institution) or you can transfer money electronically from an external account.

If you have decided to rollover an old 401(k) account into this new IRA account, you will need to request your disbursement check to be made out to Charles Schwab & CO FBO YOUR NAME and your new Charles Schwab account number and follow the instructions given to you by Charles Schwab.

Another option is to mail or drop off your check at your local CapSouth Wealth Management office.  This check needs to be made out to Charles Schwab & Co. We will deposit it into your account to help you get started.

After your money is deposited into your account, your portfolio will normally be invested over the next 3 to 5 business days. A monthly deposit feature is also available that allows you to make electronic deposits into the account if you would like to continue to save for retirement or other goals.

If you have questions, feel free to call CapSouth Wealth Management at 800-929-1001 or Schwab Alliance at 800-515-2157.