A leading alternative to traditional wealth management firms...
GenSpring's advice is fundamentally different than that of traditional wealth managers.
Our advice is neither constrained by a narrow view of wealth management nor conflicted by financial incentives toward one solution over another. We are free to solve for our clients' wealth management needs without self-interest ... helping them to answer the questions that keep them awake at night.
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Our only business is advising wealthy families as their family office.
- Our fees are 100% transparent to our clients
- We do not receive any additional compensation as a result of the advice we give or the solutions we utilize
- We use our size, scale and buying power solely for the benefit of our clients
Objectivity & Alignment: New Choices for Families and Advisors
Read the transcript of GenSpring CEO, Mel Lagomasino discussing this topic at the 2007 CFA conference.
What is an ADV?
Form ADV is a two-part form that the SEC requires of investment advisers and encourages people to read, as do we. In Part 1, be sure to look at Item 5 (B.2 and E)... any registered representatives? Commissions? Also, glance at Item 8 (A.1)...any principal transactions? And frankly, if you have enough patience for it, Schedule F in Part 2 will spell out the conflicts of interest that are less obvious in Part 1.