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Frequently Asked Questions

If your question is not addressed within one of the categories below or if you need further assistance, please contact us at support@vicuscapital.com or give us a call at 855.558.4287.

Common Questions

Choosing a Portfolio

Funding My Account

Fees

Choosing a Portfolio

1. How do I know which portfolio best suits my situation?

The questions asked during the “Build a Portfolio” process are used to determine your risk score, which corresponds to a recommended portfolio that most closely matches your goals and objectives for your account.

2. Why is it important to answer the assessment questions prior to opening an account?

All investments involve some degree of risk. As such, different investors are comfortable with different degrees of risk. It is important to consider where you fall on the risk spectrum and recognize the variables that determine your willingness and ability to tolerate investment risk. This will help you understand your risk score and recommended portfolio. This knowledge may also help you maintain your investment strategy during times of financial market volatility.

3. What is a “taxable” account?

In a taxable account, investors pay taxes on their investment income in the year it was received. Taxable accounts include individual and joint investment accounts.

4. What is a “qualified” account?

A qualified account, such as an Individual Retirement Account (IRA), is designed to offer tax benefits as you save for retirement. Earned income can be added to these accounts within the stated annual federal contribution limits. In a traditional IRA, contributions are made with pretax dollars and you pay income tax when you withdraw money from the account during retirement. Conversely, a Roth IRA is funded with after-tax dollars and withdraw funds during retirement are tax free. Please consult with your tax or legal counsel regarding tax consequences for qualified accounts.

5. What is a joint account?

A joint account is a brokerage account shared between two or more individuals. Anyone named on the account has the ability to access funds within it.

Vicus Capital advisory fees and account minimums are subject to change. Vicus Capital will provide 30 days notice in the event of a change in advisory fee. Trading costs, brokerage charges and fund management fees/expenses are determined by third parties. Vicus Capital is not responsible for fluctuation of fees charged by third parties. However, if possible, Vicus Capital will provide updated fee information. Any modifications to account minimum requirements will be made at the discretion of Vicus Capital.

Vicus 24/7 is doing business through Vicus Capital, Inc., an SEC registered investment advisor located in State College, Pennsylvania. Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product will be profitable, or prove successful. All securities involve risk and may result in loss. Before investing, clients should consider Vicus 24/7s charges and expenses.

To the extent that any client or prospective client utilizes any economic calculator or similar interactive device contained within or linked to Vicus 24/7’s website, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Vicus Capital, or from any other investment professional. All return figures shown are for illustrative purposes only and are not actual returns. Vicus Capital provides its guidance based on the information provided and cannot ensure the accuracy of the data provided by clients or third parties. Each client and prospective client agrees, as a condition precedent to his/her/its access to Vicus 24/7’s website, to release and hold harmless Vicus Capital, its officers, directors, owners, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from Company.

Unless specified, all return figures are for illustrative purposes only and hypothetical in nature. Actual returns vary greatly and depend on personal and market circumstances. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.

Vicus Capital, Inc. is neither a law firm nor a certified public accounting firm and no portion of the website or information derived from the website should be construed as legal or accounting advice. Vicus Capital assumes no responsibility for the tax consequences for any client transaction.

Vicus Capital advisory fees and account minimums are subject to change. Vicus Capital will provide 30 days notice in the event of a change in advisory fee. Trading costs, brokerage charges and fund management fees/expenses are determined by third parties. Vicus Capital is not responsible for fluctuation of fees charged by third parties. However, if possible, Vicus Capital will provide updated fee information. Any modifications to account minimum requirements will be made at the discretion of Vicus Capital.