Business Description
As an Investment Adviser Representative with LPL Financial, a registered investment adviser, I can help you define your long-term investment objectives and build a personalized investment portfolio designed to achieve them. I recognize the importance of getting to know you – your financial needs, your financial goals and your lifestyle. My office was established to provide ongoing professional advice to investors while helping them meet their individual investment objectives. I am able to do this by offering truly objective financial advice on a fee basis. This method of compensation allows me to adjust your investment portfolio without requiring you to pay commissions.* Working on a fee basis allows me to: - Customize an investment portfolio that is designed to help you realize your short- and long-term investment goals. - Provide simplified performance reporting, making it easy for you to monitor your account. - Support you with ongoing professional advice, timely information about your account and updates on the world’s financial markets. - Manage your portfolio and make investment changes without commissions* as your objectives or the economic climate changes. * Nominal transaction charges may apply.
General Information Gender:    Male CRD#:    1436146 Name of Broker/Dealer:    LPL FINANCIAL States Licensed in:    CA CT FL GA MA MD NC NH NJ NY PA SC Years of Experience in Financial Services:    25 Number of Years with Current Firm:    15 Work Experience:    I am a well known investment planner in the New York metropolitan area. With over two decades of experience in the insurance and financial services industry, I am committed to providing professional advice to help my clients achieve their financial goals. I am skilled in helping my retiree and pre-retiree clients efficiently plan their financial future and my experience also extends to the needs of small business owners. Believing every individual's case is unique, I listen carefully to understand each person's goals in order to develop an optimal, high quality solution that meets my client's specific needs. I am a Registered Securities Principal, licensed in 12 states. My firm, LPL Financial, is the nations #1 independent broker/dealer and has been for 15 years*. *Based on total revenues, as reported in Financial Planning magazine, 1996 - 2010 I work with the following types of clients:    Businesses, Individual Investors
Education Academic Background   Larry holds a Bachelors degree in Accounting and Finance from Roger Williams University in Bristol, R. I. and has continued his professional education by earning the title of Wealth Management Specialist (WMS), a designation requiring the completion of a 10-part program demonstrating his expertise in many areas ranging from retirement and estate planning to taxation of investments.
Services Investment Types:    Exchange Traded Funds (ETFs), Bonds, Stocks, Annuities, Insurance, Mutual Funds, Alternative Investments
Qualifications & Memberships Certifications, Accreditations & Designations:    Wealth Management Specialist (WMS) Securities Licenses:    Series 7, Series 24, Series 63 Insurance and Annuity Licenses:    Life, Annuity, Variable Annuity, Variable Life, Long Term Care
Firm Information Number of Advisors in Office:    Up to 10 employees
Compliance Registered Investment Advisor:    Yes Registered Representative:    Yes Investment Advisor Representative:    Yes Compliance Disclosures in Last 5 years:    I have a clean record Criminal Disclosures in Last 5 years:    I have a clean record
Compensation & Fees Fee Structure:    I am a fee-based financial professional Minimum Portfolio Size for New Managed Accounts:    50K Compensation Methods:    Flat Fee, Commissions, Based on Assets Fee % Based on Assets:    1
Prepared By:	Larry Katz, WMS

Frequently Asked Questions

Q.	What are your qualifications? What is your education background?

Q.	What is your approach to financial planning?

Q.	What services do you offer?

Q.	How are you compensated? How will I pay for your services?

Q.	If you are going to manage my account, will you obtain my permission every time you buy or sell something?

Q.	How much risk should I be willing to take?

Q.	How do you charge for your services?

Q.	Do you provide a free initial consultation?

Q.	Why should I choose you as my financial advisor?

Q.	What is your approach to 401 K plan rollovers?

Q.	How long does the process of rolling over a 401K plan usually take?

Q.	How many years of experience do you have?

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Q.	What are your qualifications? What is your education background?
I am a Registered Securities Principal, licensed in over 15 states. I hold a Bachelor degree in Accounting and Finance from Roger Williams University in Bristol, R. I. I continued my professional education by earning the title of Wealth Management Specialist (WMS).

Q.	What is your approach to financial planning?
I am in the PRESERVATION OF CAPITAL business, NOT the get rich quick business. MY AIM IS TO DRIVE DOWN RISK. I STRIVE TO ACHIEVE SUPERIOR RISK-ADJUSTED RETURNS.

Q.	What services do you offer?
RETIREMENT PLANNING, INVESTMENT PORTFOLIO ANALYSIS, ANNUAL PORTFOLIO REVIEW, LIFE INSURANCE AND ANNUITIES, LONG-TERM CARE

Q.	How are you compensated? How will I pay for your services?
I am a fee-based planner. My motives can never be questioned. When a planner works on a commission, they ultimately are viewed as a salesperson. A fee-based planner is always viewed as a trusted advisor. My objectives are exactly the same as the clients.

Q.	If you are going to manage my account, will you obtain my permission every time you buy or sell something?
My clients allow me to work on a discretionary basis. If the client prefers, they will be consulted before any transactions take place.

Q.	How much risk should I be willing to take?
An investors risk tolerance profile is unique to each individual. After careful analysis, I will help you determine the risk level that is appropriate for your investment goals and objectives.

Q.	How do you charge for your services?
My fee is 1% of assets under management. There are certain situations in annuities and life insurance products that a commission is charged based on the insurance company's compensation structure. That structure will always be disclosed prior to any committment by the client.

Q.	Do you provide a free initial consultation?
My initial consultation is always free. You are under no obligation to utilize my services.

Q.	Why should I choose you as my financial advisor?
You'll never find anybody that cares about you more than I do.

Q.	What is your approach to 401 K plan rollovers?
Believing every individual’s case is unique, I listen carefully to understand each person’s goals in order to develop an optimal, high quality solution that meets my client’s specific needs.

Q.	How long does the process of rolling over a 401K plan usually take?
The rollover process is simple. We handle all the paperwork so you don't have to. Depending upon the institution where the assets are being rolled over from, the process can take anywhere between 7 and 14 business days.

Q.	How many years of experience do you have?
I have almost 25 years experience in the financial services industry. My career began in October, 1985.