Why is discretionary trading authority required?
Clients are requested to provide Ridley Asset Management with a Limited Power-of-Attorney. This authorization enables the purchase or sale of securities in your account. We maintain communication with clients on a regular basis. When the initial trades are made in your account(s) they will be discussed with you. When any tactical or rebalancing trades occur, you may prefer that we contact you beforehand. As part of the communication process, clients should notify Ridley Asset Management of their tax situation regarding realized or unrealized gains and losses to help minimize taxes.
