| Advisor Profile |
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| Name: |
Kerry Castonguay, AWMA®, CRPC®, CDFA |
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| Research This Advisor |
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Disclosure Link:
www.lpl.com/castonguay
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| Request More Information |
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| Disclaimer |
| Securities and investment advice provided through LPL Financial, a Registered Investment Advisor, member FINRA/SIPC. |
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Business Description |
The enormous amount of information available to today’s investor means the big picture can be a bit overwhelming. We can help you sort through the clutter, bring your investment goals into focus and design a portfolio to help meet them.
Our financial advice is based upon helping you create an investment portfolio to help work toward your goals, whether it’s saving for retirement, a college education or buying a home. We stay focused on the one thing that matters most – finding well-managed investments, one at a time, through intensive financial analysis and hands-on research.
*Managed asset plans - for professional fee-based portfolio management through LPL Financial
*Tax-advantaged investing - to reduce your tax liability and let more of your money work for you
*Retirement planning - to design an investment strategy to help you meet all of your retirement goals
*Estate planning - for preservation of wealth from generation to generation |
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General Information |
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| Name of Broker/Dealer: |
LPL Financial
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| Name of Custodial Firm: |
Private Trust Company
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| States Licensed in: |
MA, CT, RI, NH, HI
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| States Willing to do Business in: |
I will consider clients in any state on a case by case basis.
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| Years of Experience in Financial Services: |
5
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| Number of Years with Current Firm: |
2
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| I work with the following types of clients: |
Non-Profit Organizations, Businesses, Investment Clubs, Individual Investors
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Education |
| Academic Background |
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| Kerry Castonguay holds FINRA Series 7, 66 and 24 certifications through LPL Financial, and holds a charter from the College for Financial Planning as a Retirement Planning Counselor. Mr. Castonguay is an Accredited Wealth Management Advisor and also holds the Certified Divorce Financial AnalystTM designation from the Institute for Divorce Financial Analysts. Mr. Castonguay leverages his knowledge and experience to provide outstanding service to his clients. |
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Services |
| Investment Types: |
Insurance, Options & Futures, Mutual Funds, Alternative Investments, Annuities, Stocks, Bonds, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Certified Divorce Financial Analyst(CDFA), Accredited Wealth Management Advisor(AWMA), Chartered Retirement Planning Counselor (CRPC®)
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| Securities Licenses: |
Series 66, Series 24, Series 7
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| Insurance and Annuity Licenses: |
Disability, Long Term Care, Variable Annuity, Variable Life, Life, Health, Annuity
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| Financial Organization Memberships: |
Institute for Divorce Financial Analysts
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| Non-Financial Organization Memberships: |
Montachusett Estate and Retirement Planning Council, North Central Massachusetts Chamber of Commerce, Wachusett Chamber of Commerce, Worcester Economics Club
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| I work with clients as part of a team: |
Yes
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Compliance |
| Registered Representative: |
Yes
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| Investment Advisor Representative: |
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-based financial professional
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| Minimum Portfolio Size for New Managed Accounts: |
$100,000
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| Compensation Methods: |
Based on Assets, Commissions, Flat Fee, Hourly
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| Prepared By: |
Kerry Castonguay, AWMA®, CRPC®, CDFA |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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Financial Planning clients are offered a full refund within 90 days of delivery if not satisfied. |
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| Q. |
What are your qualifications? What is your education background? |
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Kerry Castonguay holds FINRA Series 7, 66 and 24 registrations, is a Chartered Retirement Planning Counselor and is a Certified Divorce Financial Analyst. Kerry is pursuing the Accredited Wealth Management Advisor designation from the College for Financial Planning. With over 25 years of business experience, Mr. Castonguay leverages his knowledge and experience to provide outstanding service. |
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| Q. |
What is your approach to financial planning? |
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First, we evaluate your goals, circumstances and personal risk tolerance to determine if we are the best advisor for your situation. Next, we gather and analyze pertinent data and develop solutions to creat an achievable action plan. Finally we make recommendations and help you implement them. |
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What services do you offer? |
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We provide comprehensive financial planning, retirement, education and estate planning, small business planning, executive compensation plans and wealth management. |
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Will you be the only person working with me? |
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I personally meet with every client to assess their situation and goals. After working with a team of professionals to analyse each case, I provide recommendations to help my client achieve thier goals in a direct and intelligent fashion. |
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How are you compensated? How will I pay for your services? |
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We are compensated for casework on an hourly basis, a flat fee and/or a percentage of assets under management depending on case complexity and desired level of service. If you choose to purchase financial products through the companies we represent, we would be compensated directly by those companies. |
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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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You may choose a discretionary account in which I would place trades in your account based on a documented strategy and guidelines. In a non-discretionary account, you will recieve trade recommendations and participate in the decision making process. |
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| Q. |
Do you offer any guaranteed results? |
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Investment results vary depending on market conditions however there are products and strategies available which limit risk and offer certain guarantees, which may be recommended if appropriate for your individual situation. |
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| Q. |
How much risk should I be willing to take? |
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There are many aspects of risk that should be carefully considered including net worth, time frame, personal risk tolerance and the amount of risk that is neccessary to achieve your goals. We help clients identify risks and guide them through a process to make these important decisions. |
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| Q. |
What carrier(s) do you represent? |
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As an independent agent, I have identified carriers that provide the best value to my clients in their particular situation. |
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Are there any pre-existing conditions that you can not cover? |
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Every situation is managed on an individual basis, in which I seek out the best coverage and value for my clients. |
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| Q. |
How long does it take to complete the application and approval process? |
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The processing time varies a great deal depending on the client's history and the underwriter's guidelines. In many cases, Conditional Receipt may be offered which provides immediate coverage subject to meeting underwriting guidelines. |
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| Q. |
What services do you provide? What are your specialties? |
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We provide comprehensive financial planning, retirement planning, small business planning, executive compensation plans and wealth management. |
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What financial institution(s) do you represent? |
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I provide investment advice and securities through LPL Financial, a Registered Investment Advisor, member FINRA/SIPC. Because LPL is independent, has no proprietary products and does not participate in investment banking, we are able to provide objective unbiased advice to our clients. |
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How do you charge for your services? |
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We are compensated for casework on an hourly basis, a flat fee and/or a percentage of assets under management depending on case complexity and desired level of service. If you choose to purchase financial products through the companies we represent, we would be compensated directly by those companies. |
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| Q. |
Do you provide a free initial consultation? |
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Since I do not know if can provide a benefit to your situation, I provide a one hour initial consultation at no charge with no obligation. |
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Why should I choose you as my financial advisor? |
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I may not be the best advisor for your individual situation. The complimentary initial consultation provides a chance for us to determine if we can work together successfully. As an independent advisor with no proprietary products or corporate mandate, I am able to provide unbiased and objective advice. |
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What are your qualifications? |
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Kerry Castonguay holds FINRA Series 7, 66 and 24 registrations, is a Chartered Retirement Planning Counselor and is a Certified Divorce Financial Analyst. Kerry is pursuing the Accredited Wealth Management Advisor designation from the College for Financial Planning. With over 25 years of business experience, Mr. Castonguay leverages his knowledge and experience to provide outstanding service. |
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| Q. |
What is your approach to Education Planning? |
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Caution is the rule. In many situations, an Education Plan may not be the best option. Depending on the individual case, other options may provide more flexibility. We will evaluate your case and recommend the best options for your situation. |
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How long does the process of setting up an Education Plan usually take? |
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Once we have determined that an Education Plan is in your best interest, your plan can be set up in minutes. |
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What financial institutions do you represent? |
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I provide investment advice and securities through LPL Financial, a Registered Investment Advisor, member FINRA/SIPC. Because LPL is independent, has no proprietary products and does not participate in investment banking, we provide objective unbiased advice to our clients. |
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Why should I work with you on setting up an Education Plan? |
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I may not be the best advisor for your individual situation. The complimentary initial consultation provides a chance for us to determine if we can work together successfully. As an independent advisor with no proprietary products or corporate mandate, I am able to provide unbiased and objective advice. |
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| Q. |
Do you provide a free initial consultation? |
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Since I do not know if can provide a benefit to your situation, I provide a one hour initial consultation at no charge with no obligation. |
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| Q. |
What are your qualifications? |
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Kerry Castonguay holds FINRA Series 7, 66 and 24 registrations, is a Chartered Retirement Planning Counselor and is a Certified Divorce Financial Analyst. Kerry is pursuing the Accredited Wealth Management Advisor designation from the College for Financial Planning. With over 25 years of business experience, Mr. Castonguay leverages his knowledge and experience to provide outstanding service. |
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| Q. |
What is your approach to 401 K plan rollovers? |
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We will assess your individual situation and make investment recommendations that are appropriate for your situation. Once a strategy is in place, a trustee to trustee transfer is initated to roll over your 401(k) to your personally owned IRA. |
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| Q. |
How long does the process of rolling over a 401K plan usually take? |
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The process typically takes from a few days to a few weeks depending on the plan sponsor's requirements and procedures. |
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What financial institutions do you represent? |
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I provide investment advice and securities through LPL Financial, a Registered Investment Advisor, member FINRA/SIPC. Because LPL is independent, has no proprietary products and does not participate in investment banking, we are able to provide objective unbiased advice to our clients. |
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| Q. |
What are your fees for this service? |
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We are compensated either by a percentage of assets under management or if you choose to purchase financial products through the companies we represent, we would be compensated directly by those companies. Please contact me to discuss the details. |
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| Q. |
Why should I roll over my 401K plan to your firm? |
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I may not be the best advisor for your individual situation. The complimentary initial consultation provides a chance for us to determine if we can work together successfully. As an independent advisor with no proprietary products or corporate mandate, I am able to provide unbiased and objective advice. |
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| Q. |
Do you provide a free initial consultation? |
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Since I do not know if can provide a benefit to your situation, I provide a one hour initial consultation at no charge with no obligation. |
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