Below are a few financial questions we have answered to enhance the transparency of our services. If your question is not answered below, please contact us here
At Little & Associates Wealth Management, we separate the advice we offer from asset custody and the financial products and services. As a result, our clients expect, receive and benefit from collaborative transparent advice. This is the fiduciary standard and our promise to you. As a Fiduciary, we are obligated to serve our clients interest above anything else.
Independent financial professionals are not employees of an investment or financial services firm – they are independent business owners. They have the freedom to provide collaborative advice and structure their business in a manner that best serves the client’s financial goals. An independent financial professional utilizes a broker-dealer who provides services that include processing investment business, marketing assistance, practice management and education.
Securities regulations are designed to protect clients’ funds and fully paid for securities when they are in custody at a registered broker-dealer. The Securities Exchange Commission (SEC) is an agency of the U.S. government that oversees the Financial Industry Regulatory Authority (FINRA), which in turn oversees broker-dealers, clearing firms and the financial advisor.
All of our clients’ money is held with a third-party custodian. That custodian is First Clearing. First Clearing holds client assets for firms such as Morgan Stanley and Wells Fargo, among others. First Clearing insures the assets held against fraud.
The licensed individuals within Little & Associates Wealth Management are subject to compliance, reporting and regulations set by the Securities and Exchange Commission (SEC) and the Financial Institutions Regulatory Association (FINRA). Our team members are also responsible to stay in continued dialogue with the compliance division of LPL Financial over investment recommendations. Serving as a fiduciary to our clients’ needs is at the forefront of everything we do.
