Disclosure Statement

Regulatory Compliance

Lassus Wherley & Associates, PC is a certified public accounting firm licensed in the states of New Jersey and Florida.  The firm provides wealth management services to clients including fee-only financial planning, investment management, tax preparation and family office capabilities. 

In connection with our planning and investment management services, the firm is a  registered investment advisor with the Securities and Exchange Commission (SEC).  Firms that have a minimum of $25,000,000 under management are regulated by the SEC and not by individual states.  Many states require us to file Notice Filings that assures that they know that we are doing business in their states.   Lassus Wherley & Associates, P.C. files Notice Filings in the following states:

Florida	New Jersey
Illinois	New York
Maine	Pennsylvania
Massachusetts	Virginia

Any prospective client who pursues either a financial plan or investment management services is presented with a copy of the firm's Form ADV, Part II in accordance with applicable SEC regulations. In connection with the offer and acceptance of our services, the client signs a contract that defines the relationship and the services and fees. There are separate contracts for financial planning, investment management and any other services offered.

Planning and Investments

Lassus Wherley offers fee-only financial planning, investment management, and other financial services.  The firm will complete a planning engagement independent of investment management services.  However, the company requires all clients interested in investment management to complete at least a partial plan involving a comprehensive review of goals and objectives, cash flow, retirement plans and investment attitude and risk tolerance.

Investment plans are based on the client's unique situation.  The company's investment philosophy is to invest for the long term, developing a portfolio to target a specific average annual return based upon the client’s needs.  The company offers no performance guarantees, either expressly or implied.   Furthermore, historical performance is not an indicator or guarantee of future performance.

Professional Standards

The firm employs professionals in the areas of finance, tax and law.  The individuals are licensed and regulated according to the standards of their professional certifications and include the following:

• Certified Financial Planner™ practitioner
  • Certified Financial Planner Board of Standards
    • Code of Ethics and Professional Responsibility
    • Practice Standards
  • Financial Planning Association (FPA)
    • Code of Ethics and Professional Responsibility
  • National Association of Personal Financial Advisors (NAPFA)
    • Code of Ethics and Fiduciary Oath
• Certified Public Accountant
  • American Institute Of Certified Public Accountants - Code of Professional Conduct
  • State Boards of Accountancy
• Attorney 
  • Supreme Court of the State of New Jersey
    •  Rules of Professional Conduct
  • Supreme Court of the State of New York
    • Lawyers Code of Professional Responsibility 

Web Content

The material on this web site and the links to other web sites are primarily intended for the firm's existing clients.  Content provided through "My Reports", "My Accounts" and "Finance Essentials" has been arranged through agreements with providers: LightPort.Com, Charles Schwab & Company, and Financial Strategies Online.   We make no guarantees regarding accuracy, and the information is not intended to be used in any manner regarding planning or investment decisions.  It is intended for educational purposes, not for any particular situation or circumstance.