EFTA02548463.pdf

From: Richard Kahn Sent: Monday, December 11, 2017 2:25 PM To: Jeffrey E. Subject: Fwd: Chomsky / Bainco Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 tel= fa cel Begin forwarded message: From: =/b>Isabel Scharmer Subject: =/b>RE: Chomsky / =ainco Date: =/b>December 11, 2017 at 9:20:07 AM =ST To: =/b>Noam Chomsky < I>, Valeria Chomsky Cc: =/b>Sam Bain , =athleen O'Malley <mailto: >, Robert Katz <i=l >, =ichard Kahn < anailton Hi Richard, Please call me at at your convenience. Thank you, Isabel Isabel Scharmer, CFA Managing =irector Portfolio =trategist 699 Boylston Street 10th Floor I Boston, MA 02116 EFTA_R1_01703356 EFTA02548463  Main I Direct www.bainco.com <http://www.bainco.com/> From: Noam Chomsky (mailto Sent: Saturday, December 9, 2017 =:01 PM To: Isabel Scharmer ; =aleria Chomsky <mailto Cc: Sam =ain <mailto >; =athleen O'Malley <mailto »; Robert Katz ; =ichard Kahn <mailto > Subject: Re: Chomsky / Bainco Could you please contact our financial =dviser, Richard Kahn, about how to proceed with this. Thanks Noam On Fri, Dec 8, 2017 at 10:01 AM, Isabel Scharmer <a wrote: Dear Noam, We hope you and Valeria are well. As we =pproach the end of 2017, we are writing to clarify our understanding of =our relationship with Bainco at this time. Outlined below are the accounts you have at Bainco and our =nderstanding of our continuing services for you, pending any near term =ecisions that you may make regarding your account. We very much =ould appreciate further clarification by the end of the year so we can =ontinue to provide our best advice regarding your assets and our best =udgment to maximize benefits to you and your family. * Noam Chomsky IRA and =nherited IRAs: You have =nstructed us to take no action with respect to these accounts and, =onsequently, we have refunded the 4Q17 management fee. We will =ontinue to provide quarterly reports as in the past. • Noam Chomsky =evocable Trust and Gull Haven Lane: We are not actively managing these =ccounts and are not charging a management fee. We will =ontinue to provide quarterly reports as in the past. Carol Chomsky Exempt =nd Non-Exempt Marital Trusts: We are continuing to manage the assets in =hese accounts and will continue to bill our annual management fee on a =uarterly basis as in the past (1% for Non- Exempt and 1.25% for Exempt =arital Trusts). Please let us know at your earliest convenience if our =nderstanding is incorrect on any of these accounts or if we should =nticipate changes to custodian or asset manager. Regards, Isabel and Sam 2 EFTA_R1_01703357 EFTA02548464  Isabel Scharmer, CFA Managing Director Portfolio Strategist 699 Boylston Street 10th Floor I Boston, MA =2116 Main irect www.bainco.com <http://www.bainco.com/> <mailto l> This communication is for =nformational purposes only. It is not intended as an offer or =olicitation for the purchase or sale of any security or financial =nstrument or as an official confirmation of any transaction. Market =rices, data and other information are not warranted as to completeness =r accuracy and are subject to change without notice. The comments or =tatements made herein do not necessarily reflect the opinions of Bainco =nternational Investors, LLC, its subsidiaries and affiliates. The email =ay contain confidential or proprietary information. If you are not the =ntended recipient of this email, please immediately reply to the sender =nd make the sender aware of the mistake and then delete the email. This communication is for informational purposes =nly. It is not intended as an offer or solicitation for the purchase or =ale of any security or financial instrument or as an official =onfirmation of any transaction. Market prices, data and other =nformation are not warranted as to completeness or accuracy and are =ubject to change without notice. The comments or statements made herein =o not necessarily reflect the opinions of Bainco International =nvestors, LLC, its subsidiaries and affiliates. The email may contain =onfidential or proprietary information. If you are not the intended =ecipient of this email, please immediately reply to the sender and make =he sender aware of the mistake and then delete the =mail. 3 EFTA_R1_01703358 EFTA02548465