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461 From Road 3rd Floor, Suite 385 Paramus, NJ 07652

240-490-2255
kyle.reise@lpl.com
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Advisor Sleeve (Part of Model Wealth Portfolios)

Advisor Sleeve

Model Wealth Portfolios Advisor Sleeve is a program that is designed to allow qualified advisors to create and implement their own discretionary trading models.


We currently offer two different investment models:

  • A low expense ratio exchange traded funds (ETF) only model without any alternative investments or actively traded funds.
  • A model of ETFs, actively managed mutual funds with alternative investments exposure.

Each model has 5 variations of risk that correlate to LPL Research's risk profiles, which are designed to further match up to each prospective client's Riskalyze risk score.

Click here to see the current asset class breakdown of the models.


To learn more, email us at kyle.reise@lpl.com or call us at 240-490-2255.  You can also go to the on-boarding page which will provide more information including a link to the Riskalyze questionnaire in section 2 c.


Advisor Sleeve offers:

  • A level of service choice between full service and investment only (see below).
  • Models developed by a CERTIFIED FINANCIAL PLANNER™ practitioner.
  • Virtual meetings.
  • As a fiduciary under the Investment Advisers Act of 1940, we’re obligated to act in your best interest and provide you with full and fair disclosure of material conflicts of interest.
  • Investment Models are discretionary.
  • Minimums start at $25,000.

 

          Full Service - We provide our full service clients with the options of: 

  • A detailed initial and ongoing risk analysis.
  • Quarterly customized performance reporting.
  • Quarterly electronic/phone portfolio reviews.
  • Ongoing retirement and financial planning.
  • Investor education.
  • Ancillary services such as budgeting and large purchase planning.
  • Advisory fees begin at 1.35% in full service Model Wealth Portfolios.
  • Fees can go lower based on the amount of assets in the advisory relationship. 

 

          Investment Only- We provide our investment only clients with the options of:

  • A detailed initial and annual risk analysis.
  • Quarterly performance reports.
  • One annual electronic/phone portfolio review.   
  • Advisory fees begin at 0.68% for investment only Model Wealth Portfolios.
  • Fees can go lower based on the amount of assets in the advisory relationship.



How Are My Accounts Protected?


LPL is a broker/dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority, Inc. (FINRA) and the Securities Investor Protection Corporation (SIPC). As a registered broker/dealer, LPL is subject to regulatory oversight and internal controls that are designed to protect your accounts.

 LPL’s regulatory obligations and controls include the following:

  • LPL must identify and segregate securities by customer, and must segregate customers’ securities and funds from its proprietary business activities.
  • LPL is required to maintain minimum net capital and to set aside a reserve for the benefit of its customers.
  • The purpose of these requirements is that if a broker/dealer fails financially, customers’ securities and funds should be readily available to be returned to customers.
  • In addition, LPL’s financial statements are audited annually by an independent public accountant and those financial statements are filed regularly with the SEC.
  • LPL is required to purchase a fidelity bond from an insurance company to provide a source of compensation to customers in the event of fraud or embezzlement by employees.
  • LPL is required to be a member of SIPC and, for accounts held at LPL, SIPC provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash. This account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities customers, but it does not protect against losses from the rise and fall in the market value of investments. An explanatory brochure is available at www.sipc.org.
  • LPL purchases an insurance policy that provides customer protection in excess of SIPC coverage up to an overall aggregate firm limit of $600,000,000, subject to conditions and limitations.
  • LPL also purchases additional amounts of professional liability insurance.