Life-Legacy Services an Life-Legacy Financial Counsel, IncÂ are both a fee-only concierge organization.Â We do not receive commissions or sell proprietary financial products. We do not underwrite or syndicate any financial servcies.Â We are not owned or controlled by any bank, broker-dealer, insurance company, or investment advisory firm.Â Â
The Advisors, Independent Contractors, and Employees associatedÂ with Life-Legacy Services (including Life-Leagcy Financia Counsel, Inc.) accept our fiduciary responsibility and obligations in accordance with the Investment Advisors Act of 1940, The CFP Board, The CFA Institute andÂ the NAPFA Association and the other professional organizations that we are members. Our individual membersÂ and our teams uphold the fiduciary standards that we profess below.Â
Our Fiduciary OathÂ
All ourÂ Associated Persons (Concierge, Consultant, Team Member, Advisor, Tax Preparer, Estate Consultant, Insurance Advisor, etc.) shall exercise his/her best efforts to act in good faith and in the best interests of the client and prospects
The Associated Person shall provide written disclosure to you, the client, prior to the engagement of Life-Legacy Services, and thereafter throughout the term of the engagement, of any conflicts of interest, which will or reasonably may compromise the impartiality or independence of your Team Members.
Life-Legacy Services, and our Associated Persons, and any organization in which the Associated Person has a material financial interest, does not receive any compensation or other remuneration that is contingent on your purchase or sale of a financial or non-financial product.
Life-Legacy Services and our Associated Persons do not receive a fee or other compensation from another party based on the referral of a client or the client's business.
Following our Fiduciary Oath means we shall:
Always act in good faith and with candor.
Be proactive in disclosing any conflicts of interest that may impact you.
Not accept any referral fees or compensation contingent upon the purchase or sale of a financial product.
Our Code of Ethics
Because of our team structure and the myriad of services that we provide to you, our teams have adopted the Code of Ethics and Professional Standards of many organizations and disciplines. We subscribe and pledge that we will uphold the Professional Standards and Codes of Ethics of the following organizations in all our interactions with you:Â
In accordance and in full agreement with the Professional Standards and Codes of Ethics referenced above, we provide this summary of our professional standards that is applicable to all the services that we provide *:Â Â
Objectivity: We strive to be as unbiased as possible in providing advice to clients, and We practice on a Fee-Only basis.
Confidentiality: We shall keep all client data private, unless authorization is received from the client to share it. Â We shall treat all documents with care and take care when disposing of them. Relations with clients shall be kept private.
Competence: Â We shall strive to maintain a high level of knowledge and ability. Members shall attain continuing education. Members shall not provide advice in areas where they are not competent. We will not recommend any strategy that is potentially illegal or immoral or places a client into jeopardy of financial audit or fine.
Fairness & Suitability: Dealings and recommendation with clients will always be in the clientâ€™s best interests. We put your needs first.
Integrity & Honesty: We will endeavor to always take the high road and to be ever mindful of the potential for misunderstanding that can accrue in normal human interactions. We will be diligent to keep actions and reactions aboveboard that a thinking client or other professional would not doubt our intentions or integrity. In all actions, We are mindful that in addition to serving our clients, we are about the business of building a profession, and our actions should reflect this.
Regulatory Compliance: We will strive to maintain conformity with legal regulations.
Full Disclosure:Â We shall fully describe method of compensation and potential conflicts of interest to clients and also specify the total cost of investments and services that we provide or supervise.
Professionalism: We shall conduct ourselves in a way that would be a credit to your trust at all times. Our organization seeks to only recruit and associate with professionals who act with integrity, honest treatment of clients, and treating people with respect. This includes their professional behavior with our clients and prospects, our competition, within their family and their community.Â We respect and encourage diversity and community involvement