Working Together to Bring You Mindful Solutions
Lago Wealth Management works collaboratively with Commonwealth and NFS in order to provide the most effective recommendations to our clients.
Commonwealth Financial Network®
In our industry, Registered Representatives are required by the Financial Industry Regulatory Authority (FINRA) to affiliate with a Registered Investment Adviser–broker/dealer to process investment transactions on your behalf. Just as our clients are able to select an advisor they feel is best suited to meet their needs, as an independent firm we have the same freedom of choice in selecting our broker/dealer RIA.
From the many firms available to partner with, we chose Commonwealth Financial Network.
Lago Wealth Management is proud to have the opportunity for our clients to share in the benefits of our partnership with Commonwealth Financial Network. Excelling in their commitment to protecting your privacy, Commonwealth ensures that your investment data remains secure. From encryption standards to disaster recovery plans and other measures the firm employs, we are confident that the information our clients entrust us with will remain secure.
How Commonwealth Helps Us Serve You:
Commonwealth offers access to a wide range of investment options. We have the freedom to choose the best products for our clients based on their unique objectives, investment style and risk tolerance. As an independent firm, we are not limited by proprietary products or programs.
Commonwealth Advanced Planning Team
Commonwealth’s Advanced Planning Team includes more than 45 professionals with CFA®, CFP®, ChFC®, JD or niche credentials, and their experience spans estate planning, taxation, risk management, business planning and retirement planning.
A leader in removing repetitive tasks from a workflow, Commonwealth allows us more time to focus on you, our client. Their technology allows us to have 24/7 access to your investments and financial markets. From reporting to trading, Commonwealth streamlines the process allowing us to operate with accuracy and speed.
Commonwealth’s business model centers on delivering essential service at every level of the organization - so that we can do the same for you. With regular access, we have the ability to give feedback to the firm’s managing partners. When we need help as a firm, their 2 to 1 advisor to staff ratio allows us to receive assistance quickly in order to remain prompt and efficient in our own business.
Commonwealth provides institutional-quality research from experienced professionals. We are provided with timely economic and market analysis and how to best implement top ideas into our client’s portfolios and plans. With this research team on our side, we have in-depth and consistent support.
Clients can expect complete transparency through Commonwealth’s Investor360. There, they have complete access to their portfolio, trading, contact, document and wealth management functions. Clients can also pull in outside assets to this tool to monitor and get full access to their financial plan.
Fidelity Clearing and Custody Solutions℠
To hold our client’s assets and investment accounts, we partner directly with Fidelity Clearing & Custody Solutions℠ (FCCS). Through National Financial Services LLC (NFS) they provide clearing, custody and other brokerage services to Commonwealth. Similarly, NFS is an industry leader with a long history of delivering excellent customer service. We have the utmost confidence in the proficiency with which NFS handles every trade, statement, report and other transitions for their clients.
Commonwealth. FCCS is a service provider to Commonwealth and provides clearing, custody, and other brokerage services to Commonwealth through National Financial Services LLC (NFS), member NYSE, SIPC.