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Contact

Office: (858) 369-0303

Toll-Free: (800) 313-7526

Fax: (858) 369-0306

PO Box 7726

Rancho Santa Fe, CA 92067

stu@wealthpreservationllc.com

WHY CROSS THE BRIDGE AND ROLLOVER YOUR 401(K), TRADITIONAL, ROTH IRA, OR ANOTHER QUALIFIED PLAN FOR MANAGEMENT?


Because of the FIDUCIARY STANDARD. 

Registered Investment Advisor Representatives are fiduciaries under federal law, required to serve their clients’ best interests, always, without subordinating those interests to their own, their firm’s, or another’s.  In providing my services to you, I am bound at all times to address the two primary components of an investment adviser’s fiduciary duty:  (1) the duty of care and (2) the duty of loyalty

The duty of care includes, but is not limited to the obligation to:

  1. provide advice that is in the best interest of my clients based on their objectives,
  2. seek best execution, and
  3. provide guidance and monitoring throughout the relationship.

To fulfill the duty of loyalty, I must:

  1. make full and fair disclosure of all material facts related to the advisory relationship - including disclosing the capacity in which the firm is acting and revealing, eliminating, or at least exposing, all conflicts of interest that “might incline an investment adviser – consciously or unconsciously – to render advice which is not disinterested,” and
  2. if I cannot fully and fairly disclose a conflict understandably to allow you to provide informed consent, I am compelled to either eliminate or mitigate the conflict so that it, as mitigated, is fully and fairly disclosed.

In my capacity as a securities-licensed Advisor Representative of Laurel Wealth Advisors, Inc., the SEC-registered investment advisory firm, through whom I provide my advisory services, products are offered via an approved, well-known, and reputable, Qualified Custodian - Charles Schwab.  I am prohibited from accepting either commissions or markups on the products recommended to advisory clients in this capacity.  As a fee-based planner, my goal in your planning is to be there for you, perform in the best way possible and provide unequal assistance while delivering custom-tailored services intended to protect your assets.

In a separate capacity, as a licensed insurance agent soliciting, offering, and selling fixed life and long-term care insurance products since 1975 (California Insurance License # OB50521A), if you own annuities - I understand them. Many people do not understand grants, in general, and have questions about these products, as they are complex financial products that can be expensive to own.  I recommend you obtain a second opinion to consider all the alternatives available to you.   


Stewart J. Weissman