
For too long, the money management business has been transaction-based. Under this system, your financial professional may not earn a commission unless he or she buys or sells a security. This can create a conflict of interest.
We believe that there is a better way to do business.
We offer the LaSalle Asset Management Program (LAMP).
LAMP is a program driven by your investment success. Unlike a traditional brokerage account in which you pay a commission on every trade, in a LAMP account you pay a monthly percentage fee based on the value of the assets in your account plus a low transaction charge on each trade. With LAMP, your financial advisor is paid based on the value of the assets in your account - therefore giving your advisor a more direct stake in your ongoing investment success.
What’s more, this type of account will give you a greater insight into what you actually own.
Online access will provide you a snapshot into all your holdings on a daily basis.
Additionally, clients that partake in this program can invest in commodities such as gold, silver, corn, and oil through exchange-traded funds (ETF’s). Our clients can even buy foreign currency exchange-traded funds to take advantage of possible moves in the Swiss Franc, the Euro, or the Australian dollar.
When you place your assets into a LAMP account, you and your financial advisor will work together as a team, but you remain the captain, with full control over all investment decisions.
Exchange-traded funds may be subject to considerable volatility.
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