For the last 16 years, Insight Wealth Strategies has had the privilege of serving our clients’ financial needs, and we are thankful for the faith and trust you and your family have placed with us in helping craft your financial future. We have always strived to repay that trust by developing and maintaining a strong personal relationship with you that is based on putting your needs first and always acting in your best interest. We have applied this fiduciary standard to all aspects of our financial planning practice.
With this in mind, we are excited to announce that Insight Wealth Strategies has elected to register directly with the Securities and Exchange Commission (SEC) as a Registered Investment Adviser. This change will help us better serve you and builds on our commitment to provide independent and objective advice that continues to put your needs first.
After careful study and due diligence, we have chosen to retain Fidelity Brokerage Services, LLC, Member NYSE/SIPC as our custodian and as the record keeper of client accounts, and we have chosen Mutual Securities, Inc. (“Mutual Securities”), Member FINRA/SIPC for any future Broker Dealer business. This shift will allow us to utilize state-of-the-art technology for our clients, planners and staff including updated online account access and reporting and best-in-industry financial planning tools and dashboards. With this update, we should also experience improved tax efficient trading.
What does this mean for you? For our customers, this will mean a minimal disruption as all Fidelity accounts will retain the same account numbers, banking information and income features. What will change is our back-office Broker Dealer relationship with Lincoln Financial and Envestnet’s rebalancing software, which will be removed from all accounts. Going forward, Mutual Securities will handle our Independent Broker Dealer needs. Mutual Securities also uses National Financial Services (“NFS”), a Fidelity company, Member FINRA/SIPC, for all clearing and custody services for your commission-based brokerage accounts.
We want to assure you this decision was the result of years of careful thought and planning and was made solely with your best interest in mind. We have always maintained a fiduciary commitment in our relationship with you, and we feel this shift will allow us to continue to offer the highest level of advice and service.
If you have any questions, please don’t hesitate to call or email us. You can find our new contact information on our Team Page for all planners and staff members. I hope you are as excited as we are about this endeavor and what it means for the continued success of our relationship.