How does the advisor help clients – Key Takeaways:
Facts and Insights
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $50 million | 5 | 15 years |
Financial Services Offered
MICHAEL W. LASSITER CLU CHFC INC. is a financial advisory firm that provides a range of services to help clients achieve their financial goals. These services include:
- Retirement planning
- Investment management
- Estate planning
- Insurance planning
- Tax planning
Client Types
MICHAEL W. LASSITER CLU CHFC INC. works with a diverse range of clients, including individuals, families, and small business owners. They also have experience working with high net worth clients, as well as those who are just starting to build their wealth.
Fees & Compensation
For their financial advisory services, MICHAEL W. LASSITER CLU CHFC INC. charges a fee based on a percentage of assets under management. This fee structure aligns their interests with those of their clients, as their compensation is directly tied to the success of their clients’ investments.
In addition to their advisory fees, the firm may also receive compensation from third-party providers, such as mutual fund companies or insurance companies. However, they maintain a commitment to transparency and always disclose any potential conflicts of interest to their clients.
Background
MICHAEL W. LASSITER CLU CHFC INC. was founded by Michael W. Lassiter over 15 years ago. With a background in both finance and insurance, Mr. Lassiter has extensive knowledge and experience in helping clients reach their financial goals.
Mr. Lassiter holds the designations of Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC), which require rigorous coursework, exams, and ongoing education to maintain. These designations demonstrate his commitment to providing quality, informed financial advice to his clients.
Financial Advisor Disclosures to Know
As a registered investment advisor, MICHAEL W. LASSITER CLU CHFC INC. is held to a fiduciary standard, meaning they are legally obligated to always act in the best interests of their clients. However, it is important for clients to be aware of any potential conflicts of interest or disclosures that may impact their advisor’s recommendations.
MICHAEL W. LASSITER CLU CHFC INC. has a clean record with no disciplinary actions or complaints on record. They also have no financial affiliations or relationships that could influence their recommendations.