LPS Financial

CONNECT

Address:

61 Broadway, Suite 2770
New York, NY 10006

Phone:

212.328.7876

Fax/Other:

212.328.7877

FAQ's

What is the importance of being a Fee-Only Financial Advisory Firm?

As a Fee-Only Financial Advisory Firm our sole compensation is from the fees that our clients pay us. This means we do not receive any commissions or referral fees for recommendations of any of the financial products or services we offer our clients.

By working with LPS Financial, a Fee-Only Advisory Firm, clients can be assured that they will be receiving objective financial advice.

What does RIA stand for?

RIA stands for Registered Investment Advisor. Additional information about LPS Financial, LLC is available on SEC's website at www.adviserinfo.sec.gov.

Who is the custodian of my assets?

We have 2 companies providing clearing & custody for our clients assets.

Charles Schwab & Co: 

Interactive Brokers:

Client accounts are established in their own name and we provide clients with online access to view and monitor their accounts. As advisors, at no point do assets ever end up in our custody.

How does LPS get paid?

Based on the nature of servies being provided, LPS Financial either charges a fixed fee based on the assets under management in your account or hourly fees. We do not engage in any commission-based business.

How do I know my money will be safe?

Your investments are held with our third party custodian, Charles Schwab & Co. or Interactive Brokers. We never take custody of your assets. As your fiduciary, we can only execute trades in your account and bill you for our services.

How do I become a client of LPS Financial?

Please Contact Us @ 212.328.7876