The $ymbil platform is an electronic “robo advisor” program whereby investors can access an online tool that guides them through a quick questionnaire and suggests an investment in one of the 5 risk appropriate portfolios. You receive the benefit of investment professionals who actively manage your Fund once you make the purchase of the account. $ymbil utilizes the experienced investment professionals of Ladenburg Thalmann Asset Management to manage your Fund, not an actual robot.

Who can open an account through $ymbil?

Anyone who is 18 years old or older, holds a permanent U.S. address and is a legal U.S. resident or U.S. citizen.

Is there a minimum amount required to invest?

Through $ymbil, the minimum initial investment amount is $500.

What types of accounts does $ymbil support?

$ymbil currently offers an array of account types, including Individual, Joint, Traditional IRA, Roth IRA, minor Roth IRA, and UTMA/UGMA accounts.

Is there an option for a Automatic Investment Plan?

Yes, the automatic investment plan allows you to make automatic monthly or quarterly investments in your account through a withdrawal from the bank account that you provide on the account application form. The minimum for the automatic investment plan is $50.

Who do you charge?  What types of fees can I expect?

There are two components to the expenses of the program. One component is for the active management by LTAM of the asset allocation. You are paying for their experience and expertise in managing money to meet your goals with an emphasis on tactics that may help reduce volatility. This is in contrast to passive management which seeks to mirror the returns of a certain market, sector or industry indexes. The cost for this active management and maintenance of the funds is 0.75%. The second component is the cost of the underlying investments which are Exchange Traded Funds (ETFs) that range from 0.12% to 0.26% depending on the recommended portfolio. This information is update periodically in the prospectus. The total ALL IN cost of your $ymbil portfolio would be 0.87% to 1.01% per year. LTAM pays the advisor an annual solicitation fee of 20bps out of the stated 75bps earned. For information about all the fees and expenses associated with the Ladenburg Funds, please refer to the Funds’ prospectus , which can be obtained by calling 1-877-803-6583 or by visiting www.ladenburgfunds.com

How is Fevergeon Financial involved?

Ladenburg Thalmann Asset Management has long been a trusted source of asset management for the clients of thousands of independent financial advisors. $ymbil is a simple way for advisors to provide a solution to clients through a short interactive online process. Your advisor who is a registered representative of an Affiliate of Ladenburg Thalmann Asset Management, Inc. (LTAM) and the Affiliate may receive a referral fee for referring you to the $ymbil website.

What is the next step after creating an account?

Once registered you can access your account through www.symbil.com website by selecting “sign in” or download the $ymbil app from the Apple Store or Google Play Store. From their secure portal you will be able to review your account’s performance, make updates or changes, and add more funds at your discretion.