top of page

Midway Capital Frequently Asked Questions

Who are the clients of Midway Capital?

Midway Capital typically manages both taxable and retirement accounts for individuals and institutions.

What type of accounts does Midway Capital manage?

Midway Capital manages a wide variety of client accounts. For individuals, Midway focuses on managing its clients' IRAs, 401(k)s, and taxable accounts. For institutions, Midway focuses on the managing portfolios for non-profit institutions and endowments.

What are the requirements to become part of Midway Capital's family of clients?

Midway Capital is a Registered Investment Advisor (RIA), which means we are able to serve all types of clients as long as they can meet the firm's account minimums.

What if I need help?

Midway is dedicated to meeting the needs of its clients whenever they arise. All clients have direct access to both our client service and investment staff. We are available by phone, in our downtown Chicago offices, and we often meet with clients in their homes at their convenience.

How often will I speak with my portfolio manager?

We encourage you to talk to us as often as you like. In fact, we are always eager to hear what is on investors' minds. If we don't hear from you, we will contact you periodically to make sure you are on track to meet your financial goals.

Where do the partners of the firm invest their money?

We invest in the same securities that our clients hold. Our accounts look very similar to our clients' for a good reason. The stocks we buy are the best values we find, so we want to own them too.

Is there any conflict of interest if you hold the same securities that your clients do?

Midway Capital adheres to very strict ethics rules to make certain that there is never a conflict. If we make a trade for a client, all members of the firm are prohibited from trading in that security until the next day.

What is the difference between a separate account versus a hedge fund or mutual fund?

Midway Capital manages separate accounts for its clients. A separate account differs from other investment vehicles in that each client establishes his or her own account with Midway Capital's custodian, and the account is designed to meet the unique needs of each client. Clients own individual securities, rather than a piece of a fund. Hedge funds and mutual funds, on the other hand, co-mingle their clients' assets together in one large fund or partnership in which each client has claim on a slice.

Who is Midway Capital's custodian?

Midway's main custodian is Shareholders Services Group (SSG), a boutique firm based in San Diego. SSG's bank and clearing firm is Pershing, a subsidiary of Bank of New York Mellon. When a client establishes an account with SSG, it is not unlike establishing a separate account with other custodians such as Schwab, TD Ameritrade, or Fidelity. Clients receive monthly statements and trade confirmations from SSG, as well as have online access to their SSG account at anytime via the SSG website.

How do I go about funding my new account with Midway Capital?

There are generally two ways in which new or existing clients can fund their account with Midway Capital. After opening the appropriate account with Shareholders Services Group (SSG), and filling out Midway Capital's new account documentation, clients can either fund their account by transferring an existing account into their newly established account at SSG, or by writing a check with their SSG account number on it to Pershing, LLC, a subsidiary of Bank of New York Mellon.

Whom should I contact about becoming a client of Midway Capital?

At Midway Capital, client service is one of the core competencies of our firm. We encourage you to contact any member of the firm to learn more about who we are, and what we do. As always, we are here to help you.



Midway Capital's Brochure, also known as form ADV, is a regulatory document that contains our required disclosures to clients and potential clients. 

bottom of page