FAQs

GENERAL

  • We currently have three models: Growth (aggressive), High Yield (conservative), and Growth & High Yield (moderate).

  • Our portfolio managers account for a variety of market factors to optimize the purchase of each structured note within the portfolio. A full allocation typically takes between 4-6 months.

  • You client’s funds will be kept in Global X 1-3 Month T-Bill ETF (CLIP) or equivalent while awaiting allocation into their chosen structured note model.

  • We maintain a 10% cash reserve in a money market or equivalent to support withdrawals and fee billing.

  • We currently reinvest gains from notes that are called, sold, or matured.

  • You can see the details of every note your clients own by logging in to your Halo account with the credentials provided by your Altium relationship manager.

    If you have not yet received your Halo credentials, please contact your relationship manager or email support@altiumstrategies.com to request them.

  • Client will receive the prospectus of each note that is purchased for their portfolios via email. The CUSIP for each note will also appear in their custodial account.

    To provide your clients with more detailed information, including performance reporting, please log in to your Halo account.

SUB-ADVISORY

  • We currently have a relationship with Schwab. Other custodians may be added in the future.

  • Instructions for adding Altium as a sub-advisor for Schwab can be found here.

TRADING

  • While our portfolios can be traded in a large number of account types, it’s typically preferable to invest in them through tax-advantaged accounts like IRAs since trading activity within the portfolios can otherwise produce taxable gains.

    Please note that while our structured note accounts can support systematic withdrawals (such as those required to satisfy RMDs for qualified accounts), they are not suitable for clients looking for high degrees of liquidity.

  • Due to the nature of our actively managed structured note portfolios, we require your clients to open a new SMA for each model they wish to invest in. Additional investments in the same model can be made in the same account.

  • All trade requests are submitted through your firm’s private Altium portal. Please contact your relationship manager or reach out to trading@altiumstrategies.com if you need assistance with access.

  • Since each model must be traded in its own SMA, each trade request can only be for a single model.

BILLING

  • Altium bills quarterly in advance. On-cycle billing occurs in the first month of each quarter. Off-cycle billing is prorated based on the number of days the account was invested.

  • For non-wrap accounts, Altium bills your clients’ account directly.

    For wrap accounts, Altium bills your RIA each quarter.