How Can Laurentide Help Me?
Frequently Asked Questions
Is Laurentide a Fiduciary?
Yes. As a fiduciary, Laurentide promises, and is required by law, to work in the best interest of our clients and to place our clients’ needs first. Many people are surprised to find out that majority of advisors are not required to do so. Stockbrokers and other commission-based financial advisors are only required to sell you a ‘suitable’ investment.
What is a Registered Investment Adviser (RIA)?
A Registered Investment Adviser is a legal term that refers to an individual or company that is registered with either the Securities and Exchange Commission or a state securities regulator. Although the terms sound similar, investment advisers are not the same as financial advisors. Financial advisor is a generic term that often refers to a broker, who typically is not a fiduciary required to act in your best interest. Laurentide Advisory is an RIA registered in Massachusetts, Rhode Island and New York.
Why is working with an independent RIA important to me?
As an independent RIA, Laurentide is not tied to any particular family of funds or investment products. We provide customized guidance based on your entire financial picture. You benefit from a high level of expertise to support your complex financial needs. As an independent firm, we are better able to control our cost structure and we charge a fair rate for our clients.
How is my money kept safe?
Our clients typically delegate authority to us to manage their money on their behalf. However, your funds are safeguarded at a custodian bank and not held by Laurentide. The custodian is a specialized financial institution that accounts for all transactions, delivers tax information, disburses cash and assets at your direction, and provides you with online access so you can monitor activity in your account and check balances.
Why does institutional quality matter to me?
The very best institutions focus relentlessly on delivering excellent client service and best-in-class asset management. They employ experienced people with specialized skill-sets to meet their clients’ needs. They develop and follow repeatable processes, focus on measuring results and share information through detailed reporting and communication. Laurentide delivers all of these elements of institutional-quality service to you.