How We Work Together  -- This Page is Under Construction

During any engagement, you will interface primarily with our Principal, Steven Roy. Other personnel may be engaged in analysis of information and administrative or ministerial activities in connection with the engagement. We may, with your approval, contract with strategic partners, and independent service providers for specialized expert input when it is appropriate. 

Our principal brings 45 years of direct, hands-on, business experience to your business and personal growth process. Our extensive network of associates, strategic partners, and independent service sources provides end-to-end, integrated, and consistent coverage for your business and personal financial needs.

We may employ subcontractors for some aspects of the engagement. We will notify you and seek Your approval before we retain any subcontractor. Support may be required in the following arenas: marketing, market research, and market planning, specialized areas of law that are outside the scope of Your general counsel’s practice, and attest services. We rely on your counsel and advisors to determine scope limitations and to recommend appropriate counsel for needed services.

You are not required to obtain all services or products necessary for any engagement from Steven Roy Management, Cambyses Financial Advisors LLC or their affiliates. Some products or services may be obtainable from other sources at lower cost. We will make all reasonable efforts to accommodate your choices,

Neither Steven Roy, Steven Roy Management, Cambyses Financial Advisors nor their personnel may render legal services in connection with any engagement. We and our employees may rely on your legal, accounting or other professionals for information and support during the engagement. We defer to your professionals in all matters of accounting or law that fall within the scope of that professional’s competence. We notify you and seek approval from you prior to any contact with your professionals that may result in billable activities by those professionals.

All projects require consultation between you, us, and our respective administrations and employees. Ready access to those resources is critical to the success of the projects. Regular meetings, teleconferences, streaming sessions and cooperation between the parties, and timely provision of data or reports are prerequisite to continuing our relationship. We and you reserve the right to terminate the engagement if cooperation is not forthcoming.

Federal law requires that we obtain, verify and record information that identifies each person or entity who receives our tax services or opens a Securities Account with us. (Usually, this requirement is satisfied by presentation of your driver's license or passport, and confirmation of your Social Security Number. Entities usually need to provide their principal place of business, local office, employer identification number, certified articles of incorporation, government-issued business license, a partnership agreement or a trust agreement.) If you don't provide the information: We may not be able to provide services, open a Securities Account, or execute transactions for you. Please review our Identity Notice for further details.

All engagements between you and Steven Roy Management are subject to both a Service Agreement and our Standard Terms and Conditions. At a minimum, that agreement sets out the Scope of Services we will perform, the Time Frame in which we will perform them, the Terms and Timing of Delivery and Compensation. The Agreement will also spell out any related services that we agree to perform - and services that are excluded from the Scope of the Engagement. Please review the terms of our agreement before you execute it. 

Tax and Estate Services will be overseen and reviewed by Steven Roy. We provide Tax Planning. Representation, and Compliance (Return Filing) services. Personnel directly involved in Tax Representation or Compliance (return filing) must, by our policies, be enrolled for practice before the Internal Revenue Service (Implying that they hold an EA, or CPA, or are a member of the BAR in good standing). The right of representation those credentials provide extends to actions in the Service's Examination (audit), Appeals, and Collections divisions. Most state agencies also recognize the credentials (We have, at one time or another, filed resident or-non-resident income tax returns and represented clients in every state that has an income tax). 

All of your communications, personal information, data, planning scenarios or other tax-engagement work product, including the fact that you have engaged our service, is protected by our Privacy Policy - which we sometimes summarize as "We don't tell anybody anything about you or your taxes unless you specifically authorize us to do so - in writing." We may, in limited instances, be compelled to respond to Federal subpoena with, or without, your permission. Note that tax engagements of any kind that pertain to public benefit entities, private foundations, and similar charitable organizations  may, by statute, require the release or publication of some of your personal data. 

Business and Business Management Services

Business and Business Management Services are often a collaborative effort between you, your staff, your advisors, Steven Roy Management, and our consultants. We prefer to be involved in your projects from their inception - but we know that is not always practical. 

Every project we undertake in this arena is unique - even if it resembles something we've done many times before. That is because the answers to even simple questions like "Should I be incorporated? S or C corp?" depend on your goals and abilities. So, before we take on business management projects, we spend time with you to determine what is best for your situation. Only when we have clarified those parameters do we proceed with project proposals and the paperwork that accompanies them (Non-Disclosure, Non-Compete, Scope of Work, and Terms and Conditions, among other things)

Business management engagements are, almost without exception, consultant and professional services intensive. We will rely on your counsel and consultants unless the required interaction is outside the scope of their practice. We will retain other consultants only after consultation with you, and only if you approve.

We should note, that our focus is financial management, taxation, governance, and project/operations management. If you need marketing, branding or design we refer you to our consultants or we work with yours. Our basic posture is - the experts propose projects, we help you find ways to afford them. For most business management engagements we are happy to work through your consultants, banks, or financial institutions. Unless, of course you want us to find other alternatives. 
 

If you are funding a business investment fund, retirement-succession plan, or a Not-For-Profit reserve, restricted or endowment account, Cambyses Financial provides Investment Advisory and Portfolio management services within our group. Cambyses Investment Advisor Representatives must pass through our Fiduciary Training Program before they are allowed to manage funds on behalf of you, the plan, or plan beneficiaries. At this time Cambyses Principals are the only Cambyses IARs qualified to provide that service. 

Investment and Wealth Management Services are rendered exclusively through Cambyses Financial Advisors, LLC.

Cambyses, a Registered Investment Advisor (CRD# 230786), is affiliated with Steven Roy Management by common ownership. For more information, request our "Company Brochure (FINRA Form ADV Part II)" or visit the Securities Exchange Commission's Investment Advisor Public Disclosure Page using Cambyses' name or CRD Number.

Cambyses provides services through Investment Advisor Representatives (IARs) who are registered through FINRA/CPD. Additional information about Cambyses Financial Advisors and each of our Investment Advisor Representatives is available on request and will be provided prior to commencement of any engagement and annually after we begin the engagement. You may view this information on the Securities Exchange Commission's Investment Advisor Public Disclosure Page using the advisor's name or CRD Number. You may also download Cambyses Principals' disclosures from the Library-Archive Page's Disclosure Section of this website. All Cambyses Investment Advisor Representatives are supervised by Cambyses' Principals.

In most portfolio management engagements, your relationship with your Investment Advisor Representative does not require us to engage any outside, professional assistance to carry out the purposes of the engagement. Your IAR may seek internal Steven Roy Management or Cambyses Financial Advisors assistance for analysis and record keeping purposes. Information that supports those functions is distributed on a "Need-to-know" basis within our organizations. All IAR actions are subject to review by CFA's Managing Members. The Managing Members have blanket access to your personal and non-personal account data. CFA engages the services of a disclosed and documented Custodian to execute portfolio transactions and to provide portfolio accounting. The Custodian also has blanket access to your personal and account information.

Cambyses and our IARs do not exercise discretion over your assets when we trade - You will be asked to approve trades and other transactions before they are executed.

Financial planning and wealth management engagements, particularly those that address multiple goals and integrate your business and personal financial perspectives, almost invariably require us to seek outside assistance for e.g. legal, appraisal, actuarial, or inspection services. We will notify you and seek Your approval before we retain any subcontractor. Support may be required in the following arenas: marketing, market research, and market planning, specialized areas of law that are outside the scope of Your general counsel’s practice, and attest (financial audit or review) services. We rely on your counsel and advisors to determine their own scope limitations and to recommend appropriate counsel for needed services.

If you are funding a retirement-succession plan or a Not-For-Profit reserve, restricted or endowment account, Cambyses Financial provides Investment Advisory and Portfolio management services. Cambyses Investment Advisor Representatives must pass through our Fiduciary Training Program before they are allowed to manage retirement-succession, reserve, restricted, or endowment funds on behalf of you, the plan, or plan beneficiaries. At this time Cambyses Principals are the only Cambyses IARs qualified to provide that service. 

Retirement and Succession Services including plan design, "installation." funding, and administration of both ERISA and Non-ERISA retirement and benefit plans, are heavily regulated and scrutinized. One of the key tenets of that regulation is both our and your Fiduciary Responsibility to act only in the interests of plan participants and beneficiaries. That responsibility, in turn, implies that both we and you may be called upon to make decisions or take actions that are not in our own best interests - but further the plan beneficiaries' interests.  Those times will be the most difficult interactions in our relationship. 

With that caveat out of the way, For Retirement Planning and Succession services you will work almost entirely with our Principal. If you request our assistance with plan investment management or funding, you may also work with one or more of Cambyses Financial's Investment Advisor Representatives. Steven works closely with our associates who provide analytical and support services. 

Your need for outside consulting services (e.g. legal, accounting, actuarial, appraisal) depends on the type of plan you inaugurate and the options you give your employees. We strongly recommend you retain specialized professionals for these services (not the guy who handled Uncle Dave's DUI). We are happy to recommend appropriate counsel if you do not currently have them. (We will request and receive your input before we engage outside professionals - whether yours or ours. Please note: Cambyses, Steven Roy Management, their principals, and their associates cannot provide legal services in the course of any engagement. Further, conflict of interest considerations obviate our provision of any form of attest (financial audit, or review) function. We will rely on your professionals for these services if they are required.

If you are funding a retirement-succession plan or a Not-For-Profit reserve, restricted or endowment account, Cambyses Financial provides Investment Advisory and Portfolio management services. Cambyses Investment Advisor Representatives must pass through our Fiduciary Training Program before they are allowed to manage retirement-succession, reserve, restricted, or endowment funds on behalf of you, the plan, or plan beneficiaries. At this time Cambyses Principals are the only Cambyses IARs qualified to provide that service. 

Not-For-Profit Organizations and Donors

This section is under construction, see our services page for a description of our donor and NFP organization approach.

If you are funding a retirement-succession plan or a Not-For-Profit reserve, restricted or endowment account, Cambyses Financial provides Investment Advisory and Portfolio management services within our group. Cambyses Investment Advisor Representatives must pass through our Fiduciary Training Program before they are allowed to manage funds on behalf of you, the plan, or plan beneficiaries. At this time Cambyses Principals are the only Cambyses IARs qualified to provide that service. 

Commercial Real Estate Services: During any Real Estate engagement, you will interface primarily with Steven Roy. Tax, real estate brokerage, and estate services, if requested, will be performed solely by Steven Roy. Other personnel may be engaged in analysis of information and administrative or ministerial activities during the engagement. Dr. David Lee (a licensed CA Real Estate professional) may participate in marketing and promotion of your project. Portfolio, Insurance, and Investment services including property and risk analysis may be performed by unaffiliated companies. None of our personnel may render legal services during any engagement. We will rely on your legal counsel or mutually acceptable specialized counsel for those functions. 

In order to avoid conflict of interest, we represent only purchasers of industrial, commercial, commercial residential (five or more rental units) or development properties. If you seek our services in connection with purchase or sale of single family residential property, or in connection with sale of industrial, commercial, commercial residential (five or more rental units) or development properties, we will refer you to brokers who offer those services. As is customary in this industry, we may receive compensation, including participation in commissions, from the broker we refer.

Commercial real estate transactions usually require the services of a large number of specialized personnel: accountants, attorneys, accommodation services, real estate agents, architects, engineers, inspectors, appraisers, title companies, interior designers, and escrow services (to name a few). We will notify you and seek Your approval before we retain any subcontractor and will give full weight to your recommendation of appropriate consultants. These professionals operate independently from Steven Roy Management and Cambyses, and consequently maintain their own standards of data privacy.