We believe in a fiduciary service.
At Financial Advisors Network, we use the Registered Investment Advisors (RIA) model and believe in transparent relationships. This means we are committed to providing our clients with a fiduciary service. We use two outside custodians to hold our clients’ assets. For your convenience and safety, we give our clients the option of using either LPL Financial or Charles Schwab and provide full access to online portals that offer comprehensive reporting tools.
As the nation’s largest independent dealer-broker*, a leading registered investment advisor custodian and independent consultant to retirement plans, LPL is an enabling partner to more than 14,000 financial advisors and approximately 700 financial institutions. Your LPL account can be viewed HERE at any time.
Charles Schwab is the #1 in market share for registered investment advisor custody, with 7,000 advisors served and $2.55 trillion in client assets. Your Charles Schwab account can be viewed HERE at anytime.
Committed to our fiduciary service, we are not incentivized to sell big firm products. Rather, we earn our fee based on your account balance over time. We offer numerous financial products and services tailored to your specific needs and do not make commissions in our advisory service. As a truly independent advisory group, you can be assured that we will be there for you as long as you need us.
*Note: as reported in Financial Planning Magazine, 1996-2015, based on total revenue.