How Can We Help With Stonepath DW?

General

Stonepath DW currently supports taxable investment accounts including individual, joint and trust accounts. We also support:

  • Individual
  • IRA
  • Joint with Rights of Survivorship
  • Minor ROTH IRA
  • Minor Traditional IRA
  • Rollover IRA
  • ROTH IRA
  • SEP IRA
  • SIMPLE IRA
  • Tenants by the Entireties
  • Tenants in Common

Any individual 18 or over, who is a legal U.S. resident or a U.S. citizen (with a permanent U.S. street address) may open a Stonepath DW account.

Our account minimum is $5,000, which entitles you to a periodically rebalanced, diversified portfolio of low-cost ETFs and/or institutional class mutual funds.

It is important to note that funds in accounts will not be invested until they meet the $5,000 minimum.

Yes, we have the ability to do a trustee-to-trustee transfer from your existing IRA provider.  We will need a copy of a recent statement to complete the paperwork.  Please note that we will sell any positions in your existing IRA upon transfer to Stonepath DW and reinvest the proceeds per your Stonepath DW investment plan.

Yes, we can complete a partial account transfer in one of two ways:

  1. You can email us and we will send you a form to fill out that will allow us to transfer the assets you specify on your behalf.
  2. You can ask your current custodian to split your existing account into two accounts, and then transfer the account containing only the assets you intend to transfer to Stonepath DW. We can then complete a full transfer of the account holding the positions you wish to transfer to Stonepath DW.

You are welcome to open as many accounts as you like as long as each account has a minimum of $5,000. You may open dedicated accounts for each of your savings needs, such as buying a house, financing college educations, and saving for retirement.

Your assets are held in a brokerage account in your name at TD Ameritrade

To access your TD Ameritrade account, visit https://www.advisorclient.com/login.

To access your client portal offered through eMoney, visit https://wealth.emaplan.com/ema/ria/stonebridgefg.

To complete a Roth conversion, please reach out to our office and one of our team members will be able to assist you with the necessary paperwork.

Fees

Stonepath DW charges an annual fee of .70% of the account’s market value, payable quarterly in advance.  Please note that a pro-rated initial fee will be charged based on the inception date of the account and the remaining days in the current quarter.

The annual fee of .70% (or 70 bps) covers investment advice, brokerage commissions, dealer spreads, and other costs associated with the purchase or sale of securities, custodian fees, rebalancing, and account administration.

Advisory fees for a particular calendar quarter are usually charged within the first week of the following month. For example, the advisory fee for the quarter ending June 30th will be charged the week of July 1 – 7 (the first week of July). Advisory fees will be reported on your statements in the corresponding months and can also be found on the quarterly performance reports that will be delivered to your eMoney portal.

Transfers

Yes, this is not only possible – we encourage it. We are able to transfer an outside brokerage account in its entirety to Stonepath DW using the industry-standard Automated Customer Account Transfer Service (ACATS). This will bring your assets over in their entirety.

We then have the ability to sell your transferred assets and invest you in the appropriate Stonepath DW portfolio.

If your account is taxable, any gains on these sales will be taxable.

Liquidation of securities prior to assets coming into Stonepath DW is preferred.  Generally speaking, it does not matter if securities are liquidated prior to coming into your account.  The main exception is if one of your existing holdings is proprietary and is not transferrable to TD Ameritrade.  In that case, you may receive notification that certain position(s) must be sold prior to transferring.

Please note that selling some mutual funds could result in a CDSC (Contingent Deferred Sales Charge).  Please note that Stonepath DW will not consider CDSC charges prior to liquidating positions to rebalance into your allocation.  Please consult prospectuses of your existing holdings prior to executing a transfer.

If your account is taxable, any gains on these sales will be taxable.

Yes, Stonepath DW offers the ability to transfer all or part of your account.

After initiating a rollover through your Retirement Plan service provider, checks should be made payable to “TD Ameritrade” FBO (your name). When you receive the check in the mail, confirm that it is made payable to “TD Ameritrade” and then handwrite your brokerage account number and your name in the memo field (or where it should be) on the check. From there forward the check to:

Stonepath DW
602 N Front Street, Wormleysburg, PA 17043

Once you electronically sign all of your account opening and banking instructions, it will take several days for the account to be opened at TD Ameritrade and your bank instructions to be active on file.  After the instructions are on file, contact our office to verbally confirm the amount you would like to deposit.

You will be prompted to select a funding option whenever you open an account or deposit funds.

We currently offer three funding options, which must originate from a U.S.-based financial institution.

  1. Bank Transfer (ACH): This option lets you move funds directly between a checking or savings account and your Stonepath DW account, as long as these accounts are in the same name.  Your money will be transferred electronically and you will be allowed to make additional deposits at any time. In most cases, bank ACH transfers will be deposited into your Stonepath DW account within two to three business days.
  2. Wire Transfer: Should you choose this option you will need to initiate a wire transfer from your bank account to your Stonepath DW account. In most cases, the funds will be deposited in your account the next business day after the wire transfer is initiated. Your funds will be invested after the transfer is completed. Please ask your bank if they charge a fee for this wire transfer, as many banks do.
  3. Account Transfer (ACATS): You can transfer an existing brokerage account held at another firm by providing a recent account statement. From there we will prepare the necessary transfer form to move your account to your Stonepath DW account
  4. Check Deposit: If you wish to fund an account by depositing a check, please note the account number you are depositing to and send the check payable to “TD Ameritrade” to:

Stonepath DW
602 N Front Street, Wormleysburg, PA 17043

Deposits originating from foreign banks or brokerages will be returned.

  1. ACH Deposits are generally available for investment within 2 business days.
  2. Wire Deposits are generally available for investment the first business day following receipt.
    • Example: If you were to wire funds to us on Monday, your funds will be available for investment on Tuesday
  3. Check Deposits are generally available for investment within 2 business days.

Once your banking instructions are on file, contact our office to verbally confirm the amount and date you would like to transfer funds either as a one-time or regular contribution.

If you wish to fund an account by depositing a check, please note the account number you are depositing to and send the check payable to “TD Ameritrade” to:

Stonepath DW
602 N Front Street, Wormleysburg, PA 17043

You may only electronically transfer funds between accounts with exactly the same name.  Transferring funds from an account under a different name will cause the fund transfer to be rejected.

If you wish to fund an account by depositing a check, please note the account number you are depositing to and send the check payable to “TD Ameritrade” to:

Stonepath DW
602 N Front Street, Wormleysburg, PA 17043

Yes, Stonepath DW supports ACATS, which is the preferred industry standard to electronically transfer securities into and out of your Stonepath DW account. Transferring an account to Stonepath DW will not require help from your existing brokerage firm. Providing a copy of your account statement will allow us to prepare the forms to complete the account transfer. The ACATS system automatically transfers the account over. The same process can be used to transfer a Stonepath DW account to another brokerage firm if you are dissatisfied with our service. You will not incur a fee from us if you choose to transfer an account in or out.

One benefit in transferring an account is that we can incorporate any ETFs selected by Stonepath DW into your new investment allocation.

Any securities not incorporated into your new investment allocation will be sold and the proceeds will be invested into your new investment allocation. We do not charge a commission for selling securities you transfer to us.

If your account is taxable, any gains on these sales will be taxable.

Please contact us by email (support@Stonepathdw.com) with any account-related question, concern or suggestion.

There will usually be a small amount of uninvested cash in your Stonepath DW to cover Stonepath DW’s fees.

Yes. If you would like to dollar cost average, we’ve made it convenient for you to schedule deposits into your Stonepath DW account via bank transfer (ACH). The scheduled deposit will then be invested within a reasonable time. To set-up a scheduled deposit, contact our office and we will establish the regular deposit.

If specific assets you transfer are eligible to be incorporated into your Stonepath DW portfolio, and you select this option, we will attempt to include some or all of these transferred assets into your Stonepath DW portfolio, according to your investment plan.

If your assets are not eligible for transfer, Stonepath DW will sell your assets and if your account is taxable, any gains on these sales will be taxable.

The following assets are eligible for incorporation:

  1. ETFs you transfer that are the same ETFs Stonepath DW uses for taxable accounts.
  2. Mutual funds that are the same mutual funds Stonepath DW uses for taxable accounts.

Withdrawals

To withdraw some of the funds in your account, contact our office and we will work with you to make funds available within your account and then deliver them to the bank account you have on file.  We cannot honor partial withdrawal requests that would leave your account below the required $5,000 minimum balance.  If a pending withdrawal would bring the balance below $5,000, the entire account will be liquidated and sent with the withdrawal.

To withdraw all the funds in your account, contact our office and we will accommodate your request.  In thirty (30) days after the withdrawal is complete, we will close your account as we do not maintain accounts with a zero balance.

The timing of a withdrawal depends on several factors, including what time of day the withdrawal request is made and the institution receiving your funds, but most withdrawals take 5 or 6 business days before the requested funds will be in your bank account.

You can withdraw as much and as often as you would like as long as you maintain a minimum balance of $5,000 in your account.  If a pending withdrawal would bring the balance below $5,000, the entire account will be liquidated and sent with the withdrawal.

No, Stonepath DW does not charge fees when you withdraw funds or close your account. TD Ameritrade does not charge for bank transfers (ACH).

To satisfy your withdrawal request, we will typically have to sell some of your Stonepath DW investments. If those investments are sold at a gain, it will typically generate a short-term or long-term capital gains tax.

However, when you withdraw money from an account at Stonepath DW, we work very hard to minimize the tax liability on any gains. We do this by carefully choosing which Stonepath DW tax lots we sell.  In particular, we’ll try to sell lots with losses first (since they generate no tax liability) followed by lots with a smaller tax liability (typically those taxed at the lower long-term capital gains rate) and thereafter followed by lots taxed at the regular long-term capital gains rate.

Distributions from an IRA will be taxed at applicable Federal and State Tax rates.  If you wish to have taxes withheld from a distribution, you are responsible for making that election.  You are encouraged to consult with your tax advisor when making that selection.

Please keep in mind withdrawals prior to age 59.5 from an IRA or Roth IRA may be subject to a 10% penalty in addition to tax implications of a withdrawal.

To satisfy a withdrawal request, Stonepath DW will attempt to sell investment tax lots to both minimize your tax liability and to also rebalance your portfolio toward your target allocation.

Subject to the tax-efficiency constraints above, we’ll also use withdrawals to sell lots from asset classes that are over weighted relative to your investment plan, thereby moving your portfolio closer to your targeted investment allocation.