Overview
Description of Services
TAGStone Capital, Inc. is a registered investment adviser based in Charlotte, North Carolina. We are
organized as a corporation under the laws of the State of North Carolina. A trust for the benefit of W. Reid
Culp III is the sole owner.
The following paragraphs describe our services and fees. Please refer to the description of each
investment advisory service listed below for information on how we tailor our advisory services to your
individual needs. As used in this brochure, the words "we," "our," and "us" refer to TAGStone Capital,
Inc., and the words "you," "your," and "client" refer to you as either a client or prospective client of the
firm.
We use the terms "we" and "our" throughout this disclosure brochure to refer to TAGStone Capital, Inc.
The use of these terms is not intended to imply that there is more than one individual associated with the
firm.
Wealth Management Services
We offer wealth management services to entrepreneurs and high net-worth individuals and families to
protect and grow their assets. Our wealth management services include investment selection, portfolio
management, and performance monitoring. If you retain the firm for wealth management services, we will
meet with you to determine your investment objectives, risk tolerance, and other relevant information (the
"suitability information") at the beginning of our advisory relationship. The investment selection is tailored
specifically to meet our clients' needs and investment objectives.
We base our wealth management and investment selections on an asset allocation strategy. We
systematically diversify client portfolios across numerous asset classes to capture market returns from
diversified stock and bond portfolios over the long term (generally greater than five years). To achieve
this, we generally recommend and invest in structured asset class mutual funds. We believe this is the
most prudent recommendation for your assets with a focus on reduced investment fees, expenses, and
taxes.
As part of our wealth management services, we may provide estate planning, financial planning, and
asset protection planning services to you at no additional cost. These financial planning services typically
involve working with you to set realistic financial goals and providing
you the analysis and research to
make an informed decision on the best investment and protection of your assets. The analysis and
research provide information on your current financial situation, cash flow analysis, steps to reach
financial independence, and steps to achieve your estate planning goals. Periodic reviews are
recommended and scheduled at your request.
We encourage you to review the statements you receive from the qualified custodian. If you find any
inconsistent information in the statements you receive from the qualified custodian, please call us at the
number located on the cover page of this brochure.
401(k) Services
We offer 401(k) services to employee benefit plans and their fiduciaries. We will help fiduciaries identify
the fees they are paying and the reasonableness of those fees pursuant to applicable rules and
regulations. The 401(k) services will generally be advisory in nature. In general, the services we offer
may include access to model investment portfolios and administrative and marketing support services.
The ultimate decision to act on behalf of the plan shall remain with the plan sponsor or other named
fiduciary.
We may also assist with participant enrollment meetings and provide investment-related educational
seminars to plan participants on such topics listed below:
Diversification
Asset allocation
Risk tolerance
Time horizon
Our educational seminars may include other investment-related topics specific to the particular plan.
We may also provide additional types of pension consulting services to plans on an individually
negotiated basis. All services, whether discussed above or customized for the plan based upon
requirements from the plan fiduciaries (which may include additional plan-level or participant-level
services), shall be detailed in a written agreement and be consistent with the parameters set forth in the
plan documents. Our advisory fees for these customized services will be negotiated with the plan sponsor
or named fiduciary on a case-by-case basis.
Wrap Fee Programs
We do not provide or sponsor any wrap fee programs.
Assets Under Management
As of December 31, 2022, we manage $228,527,000 in discretionary and $1,264,000 in non-
discretionary client assets under management.