01.What are your payout ranges?
At LaSalle St., we customize each new advisor’s net payout to compete against their current economics. For an advisor seeking the best deal, not the biggest deal, LaSalle St. is always the right choice. Our goal is to help each one of our advisors keep more of what they earn on an annually recurring basis. We think that approach adds significantly more long-term value than a large up-front check.
02.Who are your Clearing and Custody Providers?
We have a long-standing relationship with National Financial Services (NFS) spanning over 30 years. In 2016, we expanded our offerings by adding Fidelity’s Custody (IWS) platform. These two platforms provide robust functionality and seamless integrations with third-party solutions, helping our advisors run their businesses efficiently.
03.What does your advisor technology stack include?
We provide access to a comprehensive suite of industry-leading technology solutions, including CRM, financial planning, trading and rebalancing, data consolidation, and reporting tools. Advisors have the flexibility to choose the best-fit solutions for their practice, ensuring a tailored and efficient workflow.
04.Can you tell me about your Home Office staff?
Our dedicated home office team of about 35 professionals has an average tenure of over 15 years, offering deep industry and firm-specific expertise. We have specialized departments in Accounting, Technology, Trading, Compliance, Operations, Business Development, and Management, all working tirelessly to support our advisors and their success.
05.How do I know LaSalle St. won’t be the next firm to get sold?
Several years ago, we made a conscious decision to remain independent and privately held. We continue to invest in our people, technology, and infrastructure, and recently launched an advisor equity ownership program, with 20% of the firm now in the hands of affiliated advisors. These strategic moves ensure LaSalle St. remains a stable and forward-thinking firm for the long term. Learn more about our history and the future here.
06.Do you offer an upfront transition package?
Yes. We recognize that transitioning to a new firm is a significant decision. That’s why we offer competitive, customized transition packages designed to support advisors making the move.
07.Do you provide transition support?
Absolutely. Our dedicated transition team works closely with each advisor to develop and execute a personalized transition plan, ensuring a smooth and efficient move for both you and your clients. You can learn more about our transition process here.
08.How flexible is LaSalle St.’s technology ecosystem?
Our platform supports over 175 third-party integrations. Advisors can choose tools that best fit their workflow. Learn more here.
09.Do you provide technology consulting?
Yes. We offer tech stack evaluations and consultations to help advisors optimize or redesign their platform.
10.Is technology support available after onboarding?
Yes. Our tech support team assists with training, troubleshooting, and ongoing best practices. Learn more here.
11.Which fintech partners does LaSalle St. work with?
We partner with leading fintech providers, including Advyzon, eMoney, Fidelity Wealthscape, and Orion. You can read about each of them here.
12.What is the difference between LAMP and FMAX?
LAMP is designed for advisors who want to manage portfolios themselves using LaSalle St.’s advisory platform.
FMAX is designed for advisors who want to outsource portfolio management through Fidelity’s managed account solutions.
13.Can I keep control of investment decisions on the advisory platform?
Yes. LAMP allows advisors to retain full portfolio decision-making while using LaSalle St.’s technology and infrastructure.
14.Does LSIA offer outsourced portfolio management?
Yes. LSIA Portfolio Solutions provides a turnkey OCIO service where LaSalle St.’s investment team manages portfolio decisions on behalf of advisors.
15.What kind of performance reporting tools are available?
Advisors have access to performance measurement, benchmarking, and risk analytics with daily data updates and eMoney integration.
16.What kind of broker-dealer support does LaSalle St. provide?
LaSalle St. provides full broker-dealer support across account onboarding, asset movement, trading, compliance, accounting, and business development. Our teams work directly with advisors to keep operations smooth and responsive.
17.Who handles trade execution and trade issues?
Our in-house Trade Desk executes trades across equities, ETFs, mutual funds, and fixed income. The team also resolves trade errors, block trades, and complex transactions.
18.How does LaSalle St. handle account openings and transfers?
Our Account Services team guides account setup and registrations. We also offer a paperless TOA Initiator to speed up asset transfers and reduce manual steps.
19.How does LaSalle St. support day-to-day advisor operations?
LaSalle St. provides hands-on support across broker services, trading, accounting, compliance, and business development. Our teams work directly with advisors to keep daily operations running smoothly, reduce friction, and resolve issues quickly.
20.Will I have direct access to service teams and leadership?
Yes. Our lean structure gives advisors direct access to decision-makers and subject-matter experts. You won’t deal with call queues or ticket systems. You’ll speak with real people who know your practice.
21.How fast is typical service and compliance turnaround?
Most client communication and advertising reviews are completed within one business day. Our operations, trading, and account teams also prioritize quick response times to keep your business moving without delays.
22.What is LSIA Portfolio Solutions?
LSIA Portfolio Solutions is LaSalle St.’s turnkey outsourced CIO platform. It allows advisors to delegate portfolio management to an internal investment team.
23.Can I still manage portfolios myself if I use LaSalle St. Capital Management?
Yes. Advisors using LAMP or FMAX remain responsible for portfolio decisions. Only LSIA Portfolio Solutions provides full discretionary management.
24.Do you provide investment research and market insights?
Yes. Our investment team delivers weekly, monthly, and quarterly research reports, webinars, and portfolio guidance.
25.Does Capital Management support advisor practice acquisitions?
Yes. LaSalle St. Capital Management participates in acquiring advisor practices and managing transition of client assets.
26.What types of insurance solutions does LaSalle St. support?
We support life insurance, fixed annuities, indexed annuities, and long-term care solutions.
27.Can LaSalle St. help with complex insurance planning cases?
Yes. Our team supports simple term quotes through advanced estate, business, and succession planning cases.
28.Do you work with multiple insurance carriers?
Yes. We maintain relationships with a broad and frequently updated list of insurance carriers. Learn more here.
29.Is E&O insurance available through LaSalle St.?
Yes. We offer E&O coverage through ProSurance with group-negotiated pricing and flexible coverage options.