Below is important information you should know about Reap Investments LLC. and our relationship with Scottrade Inc. Reap Investments LLC. recommend’s all existing and prospective clients to review our ADV part II in order to fully understand all disclosure’. Including, but not limited to the use of Scottrade Inc. as a broker/dealer custodian.
Direct Accounts with Scottrade Inc.
As an independent Registered Investment Advisor (RIA), Reap Investments LLC. does not take custody of any client funds or securities. In order to help facilitate clients who do not have a broker/dealer custodian preference and want Reap Investments LLC. money management service, Reap Investments LLC. has developed a working relationship with Scottrade.
Scottrade as a Broker/Dealer custodian helps Reap Investments LLC. with efficiently and effectively research, manage, transact, custody, and report on investments in your account.
The process is simple. You set up a Brokerage Accounts or Retirement Accounts at Scottrade. Your money and/or securities are placed in a separate account under your name or preferred registration and you retain all rights and ownership of the account. During the account opening process you give Reap Investments LLC. certain authorizations within the paperwork that enables us to effectively manage and service your account.
Management Fee Deduction Service
With authorization Scottrade Inc. can deduct investment advisory fees from your accounts and pay Reap Investments LLC. directly.
By clicking on the Scottrade link/logo you will be leaving Reap Investments LLC. web-site and redirected to Scottrade.com.
