Sag harbor Advisors Information

Sag Harbor Advisors ( "SHA") is a Registered Investment Advisory company founded by James M Sanford, CFA, a 21 year veteran of Wall Street. SHA wanted to provide clients a performance fee oriented Advisor option, where fees vary depending on the portfolio managers performance, rather than compensating advisors on a fixed fee or commission regardless of portfolio construction. SHA has chosen Interactive Brokers (IB) as its Custodial platform. SHA clients have accounts at IB, which look similar to regular brokerage accounts, except that they are managed under the discretionary authority of SHA. Clients may view their accounts on the IB website, observe returns, and transfer money in and out in a fee-free manner, similar to regular brokerage accounts. SHA collects its fee twice annually on July and January 1st of the year. There is no notification period if clients wish to terminate their client agreement with SHA. They may do so same day, with a lock up or notice period. Sag Harbor Advisors invests in liquid stocks, focusing on high dividend value stocks, as well as closed end funds and ETFs, which are fixed income oriented. SHA also maintains a basket of short stocks, typically running between 20 and 50% of the long notional, consisting of high multiple, momentum driven stocks.