Frequently Asked Questions
Who is the Wall Street Money Center?
The Wall Street Money Center includes three separate organizations under common ownership.
The Wall Street Money Center Corp., member NASD, SIPC, is a full service broker dealer firm
offering discount brokerage services and is the facilitator of trades. The Wall Street Money Letter Corp.
offers proprietary investment research. (3) The Wall Street Money Management Group Inc. is a registered
Investment Advisor with the Securities Exchange Commission for more than 30 years and manages millions
of dollars in assets for clients over several states.
Can I transfer my existing investment account to you?
Absolutely. Your current brokerage account can be transferred to The
Wall Street Money Center Corp. very quickly.
Can I transfer only a portion of my existing investment account to you?
Yes. When you transfer your account, you can specify the exact amount
of your current portfolio you wish to transfer to us.
How does Dividend Capture work?
The dividend-capture strategy is the act of purchasing a security for its dividend, capturing the dividend, and then selling the security at or above its purchase price in order to repeat the process by buying another stock about to pay a dividend. By doing this, investors can receive a steady stream of dividend income instead of waiting for an individual holding to pay its regular dividend. In some cases, securities bought in anticipation of a dividend may move up in price prior to its ex-dividend date and may be sold for your behalf as the profit objective has already been achieved.
Open a new investment account with us, or transfer your existing account to us. Your account will be called a Strategic Dividend Capture Account. You will always have full control of your assets at all times. Your funds are completely liquid. As a Strategic Discretionary Account Client with our firm, your dividend capture investments are selected for your account. Your account will be monitored daily tracking each individual position in your account using our proprietary software buying and selling as required.
How much does all of this cost?
That's the good news. The cost is very economical. We will activate your account for an annual $1,000.00 administrative fee. The only other costs you will incur are the normal ticket charge trading fees associated with buying and selling securities.
Do you provide investment research?
Absolutely. The Wall Street Money Center can provide you with access to exclusive, proprietary investment research offered through the Wall Street Money Letter. Their investment newsletters and market commentaries are diverse and designed to suit your specific investment style and keep you up to date on our current investment views.
Can you manage other accounts for me?
Yes. We use our proprietary protective strategies and sound investment research to successfully manage assets for countless individuals across the United States. We can give you specific and detailed guidance on which investments would best suit your objectives. If you are interested in having The Wall Street Money Management Group manage your account, please contact us.
Protect Your Nest Egg
At the Wall Street MoneyCenter, we look upon our obligation to manage your money as the most serious obligation that exists. Our Risk Management Surveillance Systems are a protective strategy designed to eliminate the emotional component from investment decision making. These unique strategies, developed by Peter Bruno, are the foundation of our investment philosophy. Our primary objective is the preservation of capital while seeking maximum growth. Accordingly, "fail-safe" disciplines are built into our standard operating procedures on all portfolios. Our management disciplines involve the continued tracking of the overall market in order to determine the appropriate time to liquidate certain investment vehicles which, without this strategic tracking, would be difficult to sell quickly in a falling market.