When exploring the investment strategy options available to you and your clients, we recommend reaching out to a member of the Advisor Relations team to discuss specific case planning details related to the unique client scenario (855-558-4287; info@vicuscapital.com). Often, these conversations surrounding an overall wealth plan can lead to identifying the most appropriate strategy to solve for a client objective.
Option #1: Utilize one of the calculators located on the “Calculators” page, accessible from the portal dashboard.
To determine the investment management fee for one account or multiple accounts in a household, utilize the Householding Fee Calculator. Likewise, to determine the internal expense of a specific model or blended internal expense across multiple accounts, utilize the Blended Internal Expense Calculator.
Option #2: Consult the Model Expense Ratio Tool within the Investment Platform section of the portal.
Option #3: Reach out to a member of the Sales team (855-558-4287; info@vicuscapital.com).
Option #1: Both the “Webforms” widget and the forms section of the Media Library contain both Vicus Capital and custodial paperwork required for opening new accounts.
Option #2: If you also require a proposal for the new client account, you can utilize the Online Proposal Generator to create a proposal. Upon generating the proposal, the tool also provides the required and supplemental paperwork to open the account.
Tip: Even if you do not require a proposal, taking a minute or two to create a proposal to obtain the required paperwork can be quick and efficient!
Option #3: Reach out to a member of the Advisory Operations team (855-558-4287; advisoryoperations@vicuscapital.com).
RFPs are only required for custom solutions, including Private Client Strategies™ (PCS™) and the Fusion Managed Platform, as well as the Managers Direct Strategy. These webform RFPs can be found within the “Webforms” section of the portal. For all remaining managed model strategies, proposals can be created using the Online Proposal Generator.
RFPs for Private Client Strategies™ (PCS™) and the Fusion Managed Platform can be submitted directly through the portal after completing the form or a PDF can be generated and downloaded via the portal and then emailed to the Advisor Relations team (proposals@vicuscapital.com).
The portal contains a library of marketing materials and other various forms of content. Strategy-specific materials can be found within the “Investment Platform” section, including all managed solutions as well as Vicus Capital’s Separately Managed Accounts (SMAs). Additionally, fact sheets are available for inclusion in proposals through the Online Proposal Generator and also made available for download at the conclusion of the proposal creation process as a part of the paperwork package.
Model change forms can be found within the “Webforms” section of the portal. Each webform can be completed, signed by the advisor or an authorized signer, and submitted to the Advisory Operations team directly through the portal or can be downloaded to a PDF and submitted to the team via email (advisoryoperations@vicuscapital.com).
Commentaries, updates and other information related to investment strategies are located in the “Market Insights & Commentaries” section within the portal. Strategy-specific, quarterly fact sheets serve as a consolidated overview of details important to advisors and clients alike. Additionally, information releases describing allocation changes offer finer details and explanations.
For these tactical and hybrid investment strategies with the potential to trade on a weekly (CoreOps™ and GTS™) or monthly (DFI) basis, we offer trades announcement emails as well as model allocation shift summaries. Advisors with clients in any of these strategies are automatically signed up to receive email notifications. If you wish to sign up, you may do so by notifying a member of the Advisor Relations team (info@vicuscapital.com). Allocation shift visuals in PDF form are located in the “Investment Platform” section of the portal.
Information related to Vicus Capital’s SMA lineup, including those managed by Vicus Capital, is located in the “Investment Platform” section of the portal. There you will find a lineup brochure detailing each of the options available by asset class as well as strategy-specific facts sheets.
Black Diamond is most often used by advisor offices for:
Fidelity Wealthscape is most often used by advisor offices for:
Your dedicated Vicus Capital team offers training for each system. If you are interested in training, please reach out to the appropriate team.
Access to this tool is available via the link in the “Internal Tools” section of the portal dashboard.
The Black Diamond Performance Reporting system provides a “Business Intelligence” section offering useful data, analysis, and reporting features encompassing an advisor’s complete book of business invested with Vicus Capital. For further refinement and analysis, Black Diamond also offers highly customized “Data Mining.” To learn more about “Data Mining” please reach out to a member of the Advisor Relations team (855-558-4287; info@vicuscapital.com).
The support offered by the Marketing team is not strictly limited to the creation and distribution of Vicus Capital materials. Perhaps more importantly, the team is available to advisors in support of their own marketing and branding strategy and initiatives. The team can serve multiple roles in these efforts, either as a consultant and/or in the production of deliverables. Whether you need to build your brand from the ground up or you simply desire a fresh set of eyes to evaluate your existing strategy, the Marketing team is at your service. To learn more, we encourage you to reach out to a member of the team (855-558-4287; info@vicuscapital.com) or feel free to review materials surrounding the offering at your leisure within the “Practice Management & Growth” section of the portal dashboard.
The investment management landscape is constantly evolving as a result of product and service innovation or even the regulatory environment. As circumstances change, inflection points can develop that ultimately drive movements and action. One such movement is a focus on fee-based advisory business, as the future of our industry points toward wealth planning. The Vicus Capital Advisor Relations team has assisted advisors throughout the years in positioning their businesses as fee only, fee for service, and/or subscription revenue models. To learn more, we encourage you to reach out to a member of the Advisor Relations team (855-558-4287; info@vicuscapital.com) or feel free to review materials within the “Practice Management & Growth” section of the portal dashboard.
Clients are advised to contact Fidelity at (800) 544-6666. Advisors and office administrators are permitted on the line to assist on the client’s behalf, but the client will need to be on the line as well.
Both statements and confirms need to be setup for online delivery instructions to avoid this fee.
Yes – Sections C & F of the IRF need to be completed, even though the proposed investment strategy is not replacing a previous investment strategy.
No – Both owners must sign the Fidelity Application for the initial establishment of the account and any Fidelity Transfer request forms, but most other requests (distribution forms, etc.) can be signed by one owner.
The Marital Status and Dependents sections can be completed at the Trustee level. The remaining fields can be completed at the Trust level.
One IRF is required per funding source. An IRF is not required for each separate sleeve.
You should always include the latest Statement with a TOA request to prevent delays in the transfer, Fidelity NIGO’s, or an incorrect transfer amount.
Clients have 30 days to accept the e-Delivery invitation before the documents revert to paper delivery.
Under the Profile/Features Heading, the Systematic Withdrawal page will display periodic distribution plans and the Automatic Account Builder page will display a periodic investment plan. Please note that 3rd Party and 3rd Party Common standing instructions linked to the plan will not be visible.
Yes, if the existing form on file is the version dated 7/2019 or later and includes verbiage granting “any future accounts opened” to be added.
No, there is currently no cost for requesting that a check be overnighted.
This question can have different answers depending on your affiliation! We must take great caution as some of our advisors are also affiliated with Cetera Advisor Network, who has their own list of approved software. Only software approved by both Vicus Capital and Cetera Advisor Network can be utilized with dual clients.
A non-comprehensive list of Vicus Capital approved software is coming soon!
Any questions about approved software can be directed to Kelly Burger (kburger@vicuscapital.com or 814-235-3515).
After reaching out to Vicus Capital and informing them of the software you would like to use, you will be asked to complete a Software Request Form. Once the signed form is received, Vicus Capital will start their Due Diligence process. Members of the Compliance, IT and Executive teams will be in contact with the company to gather documents for our Due Diligence file, as required by the SEC. Once received and reviewed, Vicus will make the determination for approval and let your office know if and when you may start utilizing the product.
This process may take anywhere from a few days to a few months! Please be patient with us and know that this is all being done in the best interest of you and your clients.
Please reference the Vicus Prime Benefits Supplement for a list of approved expenses. This list is not exhaustive. We will be happy to review any inquiries on items not listed.
NOTE: Any material or program used for marketing purposes, or to attract prospective clients, will not be approved. Benefit to existing clients is given the most weight when reviewing items for approval.
The Investment Advisers Act of 1940 specifies certain limitations and restrictions regarding the advertising of investment advisory services. On December 22, 2020, the Securities and Exchange Commission adopted amendments under the Advisers Act to update rules that govern investment advisor marketing. The amendments create a single rule (the “marketing rule”) that replaces the current advertising and cash solicitation rules, Rule 206(4)-1 and Rule 206(4)-3, respectively. The Marketing Rule includes a number of “general prohibitions” designed to provide greater clarity around misleading advertising practices. The amended definition of “advertisement” creates two prongs:
The first prong includes any direct or indirect communication an IAR makes that: (i) offers the IAR’s investment advisory services with regard to securities to prospective clients or private fund investors, or (ii) offers new investment advisory services with regard to securities to current clients or private fund investors. This prong also addresses in detail the allowable usage of performance including hypothetical performance.
The second prong includes any endorsement or testimonial for which an IAR provides cash or non-cash compensation directly or indirectly (e.g., directed brokerage, awards, or other prizes, and reduced advisory fees).
Yes, the SEC requires advisors to meet with clients at least once per calendar year. As a reminder, Vicus Capital has the following annual client meeting requirement located in the Vicus Capital Code of Ethics:
Section 18 UNETHICAL BUSINESS PRACTICES:
Failure to meet with Client on Annual Basis
SEC requires that clients be met with on a minimum of an annual basis in order to confirm or update client’s suitability information, any changes in client’s goals or desires, and to review client’s accounts. If IAR is unable to meet with the client annually, then the account will be reviewed for further action. IAR is required to notify the Compliance Department immediately if he/she is unable to contact client for annual meeting.
Important parts of the Annual Review
Any written communication (including emails), regardless of the number of recipients, that is solicitory in nature or could sway a client in a certain direction regarding the sale of an investment product.
Examples include: third party money manager proposals and brochures, magazine or newspaper articles, recommendation letters and/or emails, and form letters. Please send these to Ben Payne (bpayne@vicuscapital.com) for review and approval.
All pre-approval communications should be submitted to the compliance department with a completed Vicus Sales Material Approval Form.
Yes, all persons affiliated (Investment Advisor Reps, Investment Advisor Admins and Access Persons) with Vicus Capital must obtain written acknowledgement from the Compliance Department prior to participation in any outside business activity.
Please reference the Permitted Job Duties guide.
Please reference the Fee Education Brochure
Please reference the PFG – Vicus Capital Onboarding Guide
Please reference the PFG – Vicus Capital Securities Registration Guide
Yes, it is required that compensation be sent to a company checking account. It is not permissible to send it to a personal checking account.
You must have earned an amount over $600 to get a 1099 issued to you.
Typically, the second Thursday of each month.
Contact Dawn Kay (dkay@vicuscapital.com) and she start the process in Advicepay and you will receive an email from Advicepay to complete your user set-up and add clients.
Yes, we will give them access through Repertoire.
Mary Fogle (mfogle@vicuscapital.com) or Dawn Kay (dkay@vicuscapital.com) will be happy to assist.
Please reference the Change Email Signature on iPhone guide
Given the wide array of potential software and hardware that may be utilized, please reach out to the IT Help Desk, and a member of the IT team will send you a guide corresponding to your device.
There are currently multiple versions of Windows that are in operation, depending on the age of your machine. The latest version of Windows is Windows 11. For further assistance on finding your version of Windows, please reach out to the IT Help Desk.
There is a wide range of anti-virus software that may be implemented onto your machine. For assistance in auditing your anti-virus software, please reach out to the IT help desk.
Please reference the How to Reduce the Size of a PDF File guide
Please reference the How to Clear the Browser Cache for any Browser guide
Good password management is of the utmost importance as more business occurs online. It is important to update your passwords regularly, and ensure that passwords are strong and secure. It is also recommended to use Multi-Factor Authentication (MFA), sometimes referred to as 2-Factor Authentication (2FA), for an additinal layer of security.
Each system, software, and website have slightly different processes for updating passwords. For assistance, please reach out to the IT help desk.
Log out and log back in. A “token” is created every time you log into the OPG, or other Vicus Capital software. The token will expire after 24 hours. If the user has not logged out within the 24-hour timeout limit, the session will automatically end without warning. This will cause the software to become unresponsive. Logging out and back in creates a new “token”.
If trouble persists, please reach out to the IT Help Desk for further assistance.
Unfortunately, there is no single issue that can cause this, and often times it may be caused by more than one issue. Please reach out to the IT Help Desk.
Unfortunately, there is no single issue that can cause this, and often times it may be caused by more than one issue. Please reach out to the IT Help Desk.
IMR reviews the prior day’s transactions each morning and determines if trades need to be placed in an account. We generally test an account for rebalance once available cash has exceeded 5% of the account balance. That does not always lead to trades, but it is common that we will invest excess cash once the available cash exceeds 5%.
Investing of excess cash may be delayed by a day or two near product rebalances, including weekly trading for strategies like GTS™ and CoreOps™ and monthly trading for our Vicus Managed Separate Accounts.
Generally speaking, most of our investment strategies don’t have hard minimums. There are levels at which we may not be able to purchase the full model, but we don’t prevent the use of that model. Exceptions to this are the Elements and Vicus 24/7 products, which require $2,500 to begin investing, and the SII Solutions which have fluctuating minimums based on the fund minimums and current allocations in those models.
We generally recommend all accounts under $25,000 utilize the Elements models, as those models are specifically designed for smaller account balances and can be more accurately maintained at those levels.
If you do not have a specific strategy in mind (i.e. Active Income Strategy or Protection Focused Strategy) our team is happy to run a calculation to determine the sleeve of the FMA that is most overweight its target, and thus has excess funds for the distribution. If the distribution is significant to the size of the FMA, IMR will rebalance the FMA (assuming automatic rebalancing has been selected) to accommodate the distribution request.
Otherwise, a general rule of thumb is to pull it out of the largest allocation, as it will have the smallest overall impact.
IMR will set aside the necessary cash for the distribution and rebalance the remaining assets to the target allocation. This means that we will first sell the securities that are most overweight the target allocation. Significant distributions will likely cause selling of all positions.
Managed Solutions: Generally, we will begin the investment process once the account meets the composite minimum or is fully funded, whichever comes first. There are some exceptions based on security types that we make to reduce the impact of transaction costs. For more details, please reach out to our team.
Custom Solutions: Generally, we will begin the investment process once the account is fully funded. We will also wait on additional cost basis information for strategies with tax concerns.
No. We will only take the amount of gains necessary to implement the strategy that is requested and any updates that are made. If we can accomplish those goals without taking gains, or with taking gains less than the budget, we will do so. The capital gains budget is a limit, not a target.
We utilize a wide variety of tools, including a Bloomberg terminal, subscriptions to different Morningstar products, third-party research portals from investment banks like Goldman Sachs and JPMorgan, independent third-party research providers, etc.
Most strategic solutions on our platform include a 98/2 option for these clients. We also have the US Equity Factors Strategy.
The two Core Bond Strategies (Core Bond Strategy and Core Plus Bond Strategy) are designed to fill this request. Additionally, Protection Focused Strategy provides an ultra short duration fixed income option.
Vicus Capital also has an FDIC insured cash management offering as well as a fixed annuity option.
$65,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
Core Real Estate
Offers long-term exposure to conservative real estate investments. Appropriate for clients seeking steady growth in income.
Requirements
Perpetual Private Equity
Offers long-term exposure to earlier-stage companies before they reach public markets. Used to diversify return away from public markets.
Requirements
Core Real Estate
Offers long-term exposure to conservative real estate investments. Appropriate for clients seeking steady growth in income. Offers an additional 721 Exchange option, providing the ability to roll current real estate gains into the fund.
Requirements
Hedge Fund
This fund utilizes an Exchange Fund concept. The objective is to exchange appreciated stock for the returns of the Russell 3000 Index. This fund can be used to avoid immediate capital gain realization by exchanging the returns of the client’s currently held appreciated stock.
Requirements
$125,000
0.15%
Vicus Capital Fee
American Funds Fee
Account minimums vary by
strategy. Please reference the fee schedule for details.
Fee schedule varies by
provider. Please reference the fee schedule for details.
Fee schedule varies by client need.
$250,000
0.30%
$65,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$125,000
Passive Strategies
0.15%
Factor Strategies
Domestic Strategies: 0.55%
International Strategies: 0.65%
$100,000
0.30%
Looking for the 2023 Annual Compliance Video? Click the thumbnail below:
Otherwise, CLICK HERE to proceed to the Media Library.
$40,000
0.15%
$250,000
FlexChoice
Fee schedule starts at 0.35%
FlexChoicePro
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$50,000
0.00%
Fee schedule varies by annuity. Please reference the fee schedule for details.
1 Guaranteed income solutions vary by product and typically involve additional fees. Review specific product information details made available by the respective providers related to guarantees and costs involved.
$75,000
Fee schedule starts at 0.55%
1 As it relates to the Faith Based Strategies, all screening is performed on a best efforts basis to avoid exposure to identified issues. Vicus Capital maintains no direct control over securities purchased or sold by third party managers. As such, Vicus Capital makes no guarantees that ownership of securities involved in identified issues will be avoided. Portfolio holdings may violate identified issues during transition periods. Individual managers utilized may perform additional screening. On a periodic basis, Vicus Capital screens portfolios using software and research analysis. Certain securities such as bonds, money markets, and derivatives are not subject to screening using software and are not included in this analysis. In addition, some companies may not be included within the research universe and are not subject to analysis. Vicus Capital believes that holdings and screening information provided to the firm to be accurate, but accuracy cannot be guaranteed. Custodial services are provided through Fidelity Brokerage Services and Charles Schwab. In-kind transfers are dependent upon custodial platform offerings.
2 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$60,000
Fee schedule starts at 0.40%
1 As it relates to the Faith Based Strategies, all screening is performed on a best efforts basis to avoid exposure to identified issues. Vicus Capital maintains no direct control over securities purchased or sold by third party managers. As such, Vicus Capital makes no guarantees that ownership of securities involved in identified issues will be avoided. Portfolio holdings may violate identified issues during transition periods. Individual managers utilized may perform additional screening. On a periodic basis, Vicus Capital screens portfolios using software and research analysis. Certain securities such as bonds, money markets, and derivatives are not subject to screening using software and are not included in this analysis. In addition, some companies may not be included within the research universe and are not subject to analysis. Vicus Capital believes that holdings and screening information provided to the firm to be accurate, but accuracy cannot be guaranteed. Custodial services are provided through Fidelity Brokerage Services and Charles Schwab. In-kind transfers are dependent upon custodial platform offerings.
2 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$75,000
Fee schedule starts at 0.55%
1 As it relates to the ESG Strategies, all screening is performed on a best efforts basis to avoid exposure to identified issues. Vicus Capital maintains no direct control over securities purchased or sold by third party managers. As such, Vicus Capital makes no guarantees that ownership of securities involved in identified issues will be avoided. Portfolio holdings may violate identified issues during transition periods. Individual managers utilized may perform additional screening. On a periodic basis, Vicus Capital screens portfolios using software and research analysis. Certain securities such as bonds, money markets, and derivatives are not subject to screening using software and are not included in this analysis. In addition, some companies may not be included within the research universe and are not subject to analysis. Vicus Capital believes that holdings and screening information provided to the firm to be accurate, but accuracy cannot be guaranteed. Custodial services are provided through Fidelity Brokerage Services and Charles Schwab. In-kind transfers are dependent upon custodial platform offerings.
2 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$60,000
Fee schedule starts at 0.40%
1 As it relates to the ESG Strategies, all screening is performed on a best efforts basis to avoid exposure to identified issues. Vicus Capital maintains no direct control over securities purchased or sold by third party managers. As such, Vicus Capital makes no guarantees that ownership of securities involved in identified issues will be avoided. Portfolio holdings may violate identified issues during transition periods. Individual managers utilized may perform additional screening. On a periodic basis, Vicus Capital screens portfolios using software and research analysis. Certain securities such as bonds, money markets, and derivatives are not subject to screening using software and are not included in this analysis. In addition, some companies may not be included within the research universe and are not subject to analysis. Vicus Capital believes that holdings and screening information provided to the firm to be accurate, but accuracy cannot be guaranteed. Custodial services are provided through Fidelity Brokerage Services and Charles Schwab. In-kind transfers are dependent upon custodial platform offerings.
2 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$2500
$50,000
0.65%
1 As it relates to the Faith Based Strategies, all screening is performed on a best efforts basis to avoid exposure to identified issues. Vicus Capital maintains no direct control over securities purchased or sold by third party managers. As such, Vicus Capital makes no guarantees that ownership of securities involved in identified issues will be avoided. Portfolio holdings may violate identified issues during transition periods. Individual managers utilized may perform additional screening. On a periodic basis, Vicus Capital screens portfolios using software and research analysis. Certain securities such as bonds, money markets, and derivatives are not subject to screening using software and are not included in this analysis. In addition, some companies may not be included within the research universe and are not subject to analysis. Vicus Capital believes that holdings and screening information provided to the firm to be accurate, but accuracy cannot be guaranteed. Custodial services are provided through Fidelity Brokerage Services and Charles Schwab. In-kind transfers are dependent upon custodial platform offerings.
$2500
$50,000
0.65%
1 As it relates to the ESG Strategies, all screening is performed on a best efforts basis to avoid exposure to identified issues. Vicus Capital maintains no direct control over securities purchased or sold by third party managers. As such, Vicus Capital makes no guarantees that ownership of securities involved in identified issues will be avoided. Portfolio holdings may violate identified issues during transition periods. Individual managers utilized may perform additional screening. On a periodic basis, Vicus Capital screens portfolios using software and research analysis. Certain securities such as bonds, money markets, and derivatives are not subject to screening using software and are not included in this analysis. In addition, some companies may not be included within the research universe and are not subject to analysis. Vicus Capital believes that holdings and screening information provided to the firm to be accurate, but accuracy cannot be guaranteed. Custodial services are provided through Fidelity Brokerage Services and Charles Schwab. In-kind transfers are dependent upon custodial platform offerings.
$45,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$75,000
Fee schedule starts at 0.55%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$75,000
Fee schedule starts at 0.55%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$65,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$50,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$2,500
0.65%
Financial advisor receives 0.25% of this fee as the “Referring Associate”
$50,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$60,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$50,000
Fee schedule starts at 0.30%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$60,000
Fee schedule starts at 0.45%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$2500
$25,000
0.65%
$25,000
Fee schedule starts at 0.45%
1 Vicus Capital is solely responsible for the fund selection and construction of the portfolios and neither Capital Client Group, Inc. nor its affiliates are involved in such activities.
2 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$75,000
Fee schedule starts at 0.33%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$150,000
Investment management fee is
a standard blended household
calculation comprised of the fee
schedules associated with the
strategies utilized
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.
$250,000
Fee schedule starts at 0.55%
1 Suggested minimum value. Accounts may be opened with initial values below the listed amount.