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Business Description |
| To preserve and grow the wealth of clients. We design a customized asset allocation portfolio tailored to the client's specific risk parameters and retirement goals. We utilizing only individual stocks and bonds, no mutual funds. We are the lowest cost provider of Private Money Management services in the industry. My company, LCM Capital Management, is completely independent. We have no selling contracts or arrangements with mutual funds, insurance companies or brokerage firms. Which means, our clients' best interest comes first! |
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General Information |
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| Name of Custodial Firm: |
NFS LLC
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| Years of Experience in Financial Services: |
21
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| Number of Years with Current Firm: |
7
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| I work with the following types of clients: |
Businesses, Non-Profit Organizations, Individual Investors
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Education |
| Academic Background |
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| BS, Management - Indiana University, Bloomington (1987) |
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| Investment Types: |
Options & Futures, Insurance, Stocks, Bonds, International Investments, Exchange Traded Funds (ETFs)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Insurance License (Life & Health; Long Term Care;
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| Securities Licenses: |
Series 63, Series 24, Series 7, Series 65
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| Insurance and Annuity Licenses: |
Disability, Variable Life, Long Term Care, Variable Annuity, Casualty, Life, Health
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| Firm's Number of Clients: |
250
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| Firm's Number of Planning Clients: |
250
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| Firm's Number of Managed Clients: |
250
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| Assets Managed by Firm: |
Yes
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Compliance |
| Registered Investment Advisor: |
Yes
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| Registered Representative: |
Yes
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| Investment Advisor Representative: |
Yes
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| I am an acknowledged fiduciary: |
Yes
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| Compliance Disclosures in Last 5 years: |
I have a clean record
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| Criminal Disclosures in Last 5 years: |
I have a clean record
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Compensation & Fees |
| Fee Structure: |
I am a fee-only financial professional
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| Minimum Portfolio Size for New Managed Accounts: |
100,000
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| Compensation Methods: |
Based on Assets
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| Fee % Based on Assets: |
Negotiated
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| Additional Details on Charges: |
Annual Fee, deducted monthly from client account. The fee is all-inclusive, client pays no commissions,cents per/sh, or ticket charges. Client pays any surrender charges on the sale of their existing funds or annuities to implement their portfolio with LCM Capital.
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| Prepared By: |
John Nowicki |
Frequently Asked Questions |
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| Q. |
What are your qualifications? What is your education background? |
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Every principal has 20+ years of industry experience managing and advising individual and institutional clients |
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What services do you offer? |
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Full Service Investment Advisory Firm offering: Customized Portfolio Management, Forensic Cost Analysis, Retirement Planning, College Planning and Insurance Planning |
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Will you be the only person working with me? |
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All clients have a personal advisor and have access to all portfolio managers |
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How are you compensated? How will I pay for your services? |
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A negotiated annual management fee deducted monthly(1/12)from account(s) |
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| Q. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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No, all assets are managed on a discretionary basis |
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| Q. |
How much risk should I be willing to take? |
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Portfolio's are customized to client's particular risk parameters, which are determined prior to establishing an account with LCM Capital Management |
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| Q. |
Have you ever been charged with any breaches? |
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What services do you provide? What are your specialties? |
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Full Service Investment Advisory Firm offering: Customized Portfolio Management, Forensic Cost Analysis, Retirement Planning, College Planning and Insurance Planning |
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What is your experience? How many clients do you currently manage? |
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Every principal at the firm has 20+ years of industry experience managing and advising individual and institutional clients |
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What financial institution(s) do you represent? |
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None. LCM Capital Management is an Independent Investment Advisory Firm, which allows our clients to receive the most unbiased, cost efficient financial advice. Our custodian for client's assets is NFS, LLC a Fidelity Company. |
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How do you charge for your services? |
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A negotiated annual management fee deducted monthly(1/12)from account(s) |
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Do you provide a free initial consultation? |
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Why should I choose you as my financial advisor? |
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As a Fiduciary, we have a responsibiilty to put your interest ahead of ours. Our commitment is to provide the most comprehensive service and advice at the lowest cost within the financial industry |
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| Q. |
What are your qualifications? |
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Every principal at LCM Capital Management has 20+ years industry experience advising and managing individual retirement plans |
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| Q. |
What is your approach to 401 K plan rollovers? |
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Reduce the ecessive costs that 401k plan participants pay within their plans. Diversify |
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What financial institutions do you represent? |
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None. LCM Capital Management is an Independent Investment Advisory Firm, which allows our clients to receive the most unbiased, cost efficient financial advice. Our custodian for client's assets is NFS, LLC a Fidelity Company. |
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| Q. |
How many years of experience do you have? |
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Every principal has 20+ years of industry experience managing and advising individual and institutional clients |
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| Q. |
What are your fees for this service? |
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Clients pay a negotiated annaul managemnt fee which is deducted monthly from your account |
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| Q. |
Why should I roll over my 401K plan to your firm? |
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To reduce the excessive costs within 401k plans and diversify your retirement assets according to your risk tolerance allowing you to enjoy retirement. |
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Do you provide a free initial consultation? |
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