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Processes
We are focused on maintaining protocols which are designed to protect the integrity of our fiduciary advisory mission, according to the Standards of Conduct of the Certified Financial Planner Board of Standards. FourthPoint sells only advice in regard to investments and financial planning. Peter Foley also holds insurance brokerage licenses in some states and is permitted to engage in the sale of, or evaluations non behalf of clients with their selected broker regading life and long term care policies as a sole proprietor within a fiduciary capacity.
Before providing recommendations, we strive to understand each client's situation adequately so that we can provide more optimum strategies and solutions. Part of our protocol for each new client is developing an Investment Policy Statement. This customized document helps to guide our relationship so that we might have a better chance of of success in pursuing each client's long term goals.
Insights: The Fiduciary Difference
As a Registered Investment Advisory firm, we are bound to a fiduciary standard of care for our clients in all that we do.
Prior to a business relationship, we are required to provide tp prospective clients our Firm Brochure (FormADV Part 2), which describes our services, discloses material conflicts of interest, and presents our fee schedule. We are focused on maintaining a prudent level of due diligence as to seciurities we recommend for our clients. In addition to our line-item fees, we are sensitive to costs our clients pay for Exchange Traded and Mutual fund holdings, as well as any Separate Account Manager operating expenses.. We are cautious when it comes recommending packaged products, such as commissioned annuities and life insurance policies, unit investment trusts, and limited partnerships. We are not a dual-registered firm.
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