2nd Quarter 2006 Update
In this Update
Pivot Point Advisors turns two!
Our first two years passed more quickly than we could have imagined.
The company has grown significantly from what we started with in the
summer of 2004. Some of the highlights include:
- Asset Growth: Assets under management grew from about $10
million in August of '04 to about $24 million.
- Client Base: The number of client accounts more than
doubled over the same period of time.
- New Strategies: We added the Diversified Income strategy
and refined the Conservative Growth strategy.
- New Products: Financial Planning, Asset Allocation
services, and monthly subscriptions to Trade Signals.
- Operations: We developed a robust and scalable platform
to manage client accounts.
- Retirement Calculator: Our Monte Carlo Retirement
Calculator is a free service to clients.
The business has come a long way in just two years. The next major
step will be registering with the SEC. We expect to pass the $25 million
registration threshold this year and intend to register as soon as
practical.
Our clients gave us the opportunity to serve their financial needs while
developing our business to do an even better job in the future. Here is
a big "Thank You!" from Martin Gremm and Marc Schindler. |
