Coronavirus Operations Memo: Click Here | Magnus documents: Form ADV | Form CRS | Privacy Policy

Coronavirus Operations Memo

Magnus Financial Group Remains Here to Assist

During the Coronavirus crisis, we continue to be in close contact with our clients using all technology available.

If you need assistance, please do not hesitate to reach out to your Magnus team

Means of Communication

  • You can continue to reach us at the same phone numbers you are accustomed to using.
  • If you have trouble reaching your team by phone, please try email.

Means of Communication

  • You can send money through wires and ACH transfers instead of using checks — please inquire with our Investment Operations team, email address is: investment.operations@magnusfinancial.com
  • If you must deposit a check, please send to the following as applicable:

Charles Schwab & Co.
IST East 12
1958 Summit Park Dr
Orlando FL 32810

**Checks to be written to “Charles Schwab & Co.”; please include account holder name & account number on the memo line**

Fidelity Investments:
Standard Mail:
Fidelity Investments
P.O. Box 770002
Cincinnati, OH 45277

Overnight Mail:
Fidelity Investments
100 Crosby Parkway
Covington, KY 41015

**Checks to be written to “Fidelity”; please include account holder name & account number on the memo line**

American Funds:
American Funds
5300 Robin Hood
Norfolk, VA 23513

**Checks to be written to “American Funds”; please include account holder name & account number on the memo line**

JPM 529:
New York’s 529 Advisor-Guided College Savings Program
95 Wells Avenue, Suite 155
Newton, MA 02459

**Checks to be written to “New York’s 529 Advisor-Guided College Savings Program”; please include account holder name & account number on the memo line**

  • Do not send physical securities without speaking to your team first.
  • To avoid potential fraud, be sure to verbally confirm all transfer instructions received by email even if they seem to come from a recognized source.

Documents and Signatures

  • Please use electronic signature if requested by Magnus’ Investment Operations team
  • In lieu of wet ink signatures, we may be able to receive copies of signed documents which can scanned or faxed to us at (212) 202-7670. Originals may still be required.
  • If you must send documents by email, you should protect your documents with a password and communicate the password to your team verbally. Check your document application’s support feature for assistance with passwordprotection.
  • You should keep receiving statements in the physical or electronic format previously selected.

Trading

  • Do not include trading instructions in voicemails. Please reach out to our team directly.

Stay Vigilant About Potential Scams

  • Be especially vigilant about whom you provide information to and how you provide it. There has been an increase in scams as some hackers and scammers try to take advantage of the situation created by the COVID-19 virus.

BEWARE OF COVID-19 SCAMS SEEKING YOUR CONFIDENTIAL INFORMATION.

Scammers and hackers may try to take advantage you, especially during the evolving COVID-19 situation:

  • They may send emails and texts that impersonate a legitimate company, charity, or government agency to get you to click a fraudulent link and share confidential information or lure you into fraudulent investment schemes.
  • Do not click on links or attachments unless you expected the messages and/or know who sent them.

DISCLAIMER

Magnus Financial Group LLC (“Magnus”) did not produce and bears no responsibility for any part of this report whatsoever, including but not limited to any macroeconomic views, inaccuracies or any errors or omissions. Research and data used in the presentation have come from third-party sources that Magnus has not independently verified presentation and the opinions expressed are not by Magnus or its employees and are current only as of the time made and are subject to change without notice.

This report may include estimates, projections or other forward-looking statements, however, due to numerous factors, actual events may differ substantially from those presented. The graphs and tables making up this report have been based on unaudited, third-party data and performance information provided to us by one or more commercial databases. Except for the historical information contained in this report, certain matters are forward looking statements or projections that are dependent upon risks and uncertainties, including but not limited to factors and considerations such as general market volatility, global economic risk, geopolitical risk, currency risk and other country-specific factors, fiscal and monetary policy, the level of interest rates, security-specific risks, and historical market segment or sector performance relationships as they relate to the business and economic cycle.

Additionally, please be aware that past performance is not a guide to the future performance of any manager or strategy, and that the performance results and historical information provided displayed herein may have been adversely or favorably impacted by events and economic conditions that will not prevail in the future. Therefore, it should not be inferred that these results are indicative of the future performance of any strategy, index, fund, manager or group of managers. Index benchmarks contained in this report are provided so that performance can be compared with the performance of well-known and widely recognized indices. Index results assume the re-investment of all dividends and interest.

The information provided is not intended to be, and should not be construed as, investment, legal or tax advice nor should such information contained herein be construed as a recommendation or advice to purchase or sell any security, investment, or portfolio allocation. An investor should consult with their financial advisor to determine the appropriate investment strategies and investment vehicles. Investment decisions should be made based on the investor’s specific financial needs and objectives, goals, time horizon and risk tolerance. This presentation makes no implied or express recommendations concerning the way any client’s accounts should or would be handled, as appropriate investment decisions depend upon the client’s specific investment objectives.

Investment advisory services offered through Magnus; securities offered through third party custodial relationships. More information about Magnus can be found on its Form ADV at www.adviserinfo.sec.gov.

TERMS OF USE

This report is intended solely for the use of its recipient. There is a fee associated with the access to this report and the information and materials presented herein. Re-distribution or republication of this report and its contents are prohibited. Expert use is implied.

DEFINITIONS

Asset class performance was measured using the following benchmarks: U.S. Large Cap Stocks: S&P 500 TR Index; U.S. Small & Micro Cap: Russell 2000 TR Index; Intl Dev Large Cap Stocks: MSCI EAFE GR Index; Emerging & Frontier Market Stocks: MSCI Emerging Markets GR Index; U.S. Intermediate-Term Muni Bonds: Bloomberg Barclays 1-10 (1-12 Yr) Muni Bond TR Index; U.S. Intermediate-Term Bonds: Bloomberg Barclays U.S. Aggregate Bond TR Index; U.S. High Yield Bonds: Bloomberg Barclays U.S. Corporate High Yield TR Index; U.S. Bank Loans: S&P/LSTA U.S. Leveraged Loan Index; Intl Developed Bonds: Bloomberg Barclays Global Aggregate ex-U.S. Index; Emerging & Frontier Market Bonds: JPMorgan EMBI Global Diversified TR Index; U.S. REITs: MSCI U.S. REIT GR Index, Ex U.S. Real Estate Securities: S&P Global Ex-U.S. Property TR Index; Commodity Futures: Bloomberg Commodity TR Index; Midstream Energy: Alerian MLP TR Index; Gold: LBMA Gold Price, U.S. 60/40: 60% S&P 500 TR Index; 40% Bloomberg Barclays U.S. Aggregate Bond TR Index; Global 60/40: 60% MSCI ACWI GR Index; 40% Bloomberg Barclays Global Aggregate Bond TR Index.