We are subject to many layers of regulatory oversight by federal, state and self-regulatory agencies.
Walsh & Associates is a Registered Investment Adviser (RIA) registered with the Securities and Exchange Commission (SEC). The SEC requires us to file and update documents that specify our investment style, assets under management, business practices, affiliations, fees, conflicts of interest, standards of conduct and so forth. You can view our SEC documents here (Form ADV, ADV Part 2 and Part 3/Form CRS – Client Relationship Summary).
Our RIA custodian and broker-dealer is LPL Financial, one of the nation’s largest broker-dealers and our partner since 1995. They have no proprietary products to sell and no investment banking relationships to promote, nor do they engage in market-making activities or speculative trading for their own account. LPL’s sole focus is on serving us so we can serve you.
LPL is a member of FINRA/SIPC. FINRA, the Financial Industry Regulation Authority, works under the supervision of the SEC to safeguard the public against fraud and bad practices. View FINRA’s BrokerCheck to check the backgrounds of our advisors.
The LPL Financial SIPC Membership provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash. An explanatory brochure is available at sipc.org. Additionally, through London Insurers, LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $575,000,000 subject to conditions and limitations. The account protection applies when an SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments.