6520 Centerville Business Parkway
What makes an investment professional "qualified" to manage your financial security and investment portfolios?Some considerations for an investor are the investment professional's education, experience, philosophy, custody, ownership, background, continuity, affiliations, privacy practices, ethics and partnerships.
Q: Does your financial professional have advanced degrees, professional designations, and proper licenses?
A: Charlie and Phil both have college educations, advanced certifications and designations. Charlie and Phil also hold multiple FINRA licenses, are Registered Investment Advisors and hold insurance licenses as well.
Q: Does your financial professional have significant experience in financial services?
A: Charlie and Phil have a combined 30+ years of experience in financial services. Working in the financial services industry is not a second career path for Charlie or Phil; they have championed in the financial services business their entire professional careers.
Q: How does your financial professional custody client accounts?
A: Charlie and Phil never take custody nor commingle client accounts. Through their broker dealer, they offer securities and investment advisory services via several Fortune 100 custodians. This is an important distinction.
Q: Does your financial professional own his or her business or just work for a large institution?
A: Charlie and Phil own their building and practice. They are committed to providing the best possible experience for their clients and ownership in their business allows Charlie and Phil to offer best in class strategies and solutions.
Q: Have you checked your financial professional background?
A: You can check any registered investment professional's background, including Charlie's and Phil's at FINRA's broker check.
Q: Does your financial advisor have a continuity plan in place?
A: Charlie and Phil maintain a continuity plan to help ensure their clients will be properly serviced in case of various unexpected events that could arise at any point.
Q: What steps has your financial professional taken to help protect your privacy?
A: Charlie and Phil have invested in technology that meets or exceeds all FINRA recommendations. They also invested in onsite security monitoring, 3rd party professional document shredding and maintain security and privacy practices in place for staff.
As Accredited Investment Fiduciaries (AIF®), both Charlie Pool and Phil Gallagher have defined policies and procedures to manage conflicts of interest that may arise in their Private Wealth Management Practice. To learn more about Accredited Investment Fiduciaries, please visit The Center for Fiduciary Studies.
Under the Investment Advisor Act, financial advisors are considered fiduciaries with the responsibility of acting in the best interests of their clients. We pledge:
Generally, the Forms ADV Part 2A and Part 2B, the advisory agreements, and other required client account-opening documents provide most of the disclosures needed by clients to make informed decisions. Such disclosures include, but are not limited to, fee disclosures and conflicts of interests arising when investment advice includes transaction recommendations that will be executed through LPL Financial. Additionally, when assisting clients with an investment management program that uses mutual funds, we must provide clients with a current prospectus for any fund recommended prior to or at the time the recommendation is made.