The True Meaning of "Independent"
What does it mean to provide independent financial planning services? At Five Stones it means offering access to the finest products and advice available - without being driven by any considerations other than our clients’ best interests.
With this goal in mind, we have aligned our firm with LPL Financial. LPL Financial is the enabling partner for more than 13,500 financial advisors, approximately 700 financial institutions, and manages more than $400 billion client assests annually. This makes LPL Financial the number one independent broker/dealer in the United States. (Based on total revenues as reported by Financial Planning Magazine June, 1996-20013).
Because it is an independent broker/dealer, LPL Financial doesn’t offer any proprietary investment products. Instead, it provides access to a vast universe of well known, well respected, non-proprietary investment vehicles.
Because we are under no pressure to promote proprietary products or to meet any kind of sales quotas, we are able to offer my clients truly unbiased advice. This allows us to truly recommend an investment strategy tailored to each client’s individual needs.
Five Stones Wealth Management thus represents the best of both worlds: a small, boutique firm with access to the resources of a large broker/dealer.