We have launched our new, independent wealth management firm, Highway One Capital, in partnership with LPL Financial. LPL is the nation’s largest independent broker/dealer* overall, and third largest custodian of assets**, supporting over 21,000 independent advisors. As our client, you have your own considerations and priorities, so we will continue tailoring plans to your specific needs—that has not changed.

This decision was driven by our desire to control the type and level of services we offer. Our goal is to clearly present options that work for our clients and their families, and we wanted our practice to reflect the ongoing opportunities within the industry. Our partnership with LPL gives us the independence and flexibility to bring new ideas to the table and do what’s best for our clients. As our broker/dealer, LPL provides integrated technology, resources, and investment choices that allow us to provide an even greater level of service that’s tailored to our clients’ needs.

It was necessary to delay the announcement of our partnership with LPL Financial until our advisors were formally registered with them, to avoid potential conflicts of interest. If you have any questions prior to us contacting you, please call us at (949) 674-4445.

We selected LPL because they are the largest independent broker-dealer in the United States with over 20,000 advisors and over a trillion dollars of assets.

This arrangement will allow us to utilize the strength and leverage of a major firm, while allowing us to build our own culture, team, and resources to best partner with our clients. LPL’s comprehensive support, technology, and research, along with their model of transparency and dedication to independence and choice, allows us to provide our clients with a wide range of diligently evaluated, non-proprietary products.

In fact, our clients will now have access to many investment options that previously were not available to them by virtue of LPL’s scale. As a leader in the retail financial advice market, we are confident that we are being fully supported by a firm who can match our high standards and can help us continue to provide our clients with the individualized strategies they deserve.

As a Financial Industry Regulatory Authority (FINRA) member firm subject to the federal securities laws and the rules of industry self-regulatory organizations, LPL Financial prioritizes its obligations to protect client assets in their custody with the utmost care and scrupulous adherence to financial protection rules, including those governing the segregation of client assets.

LPL provides an enormous catalog of services and resources, as well as a long history of financial stability. 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 www.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 $750,000,000 subject to conditions and limitations. The account protection applies when a 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.

Yes, however we will not be able to manage the accounts since we are no longer affiliated with J.P. Morgan. If you choose to keep your accounts, you will be reassigned to a different advisor.

To protect your personal information from unauthorized access and use, LPL Financial uses security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. LPL’s online environment uses security technologies, including layered security and access controls over personal information. For further information, please visit LPL’s Privacy/Security page at: www.lpl.com/disclosures/privacy-security.html

No. Our primary objective is still to support your financial goals any way we can. That’s why we do what we do and that will never change. In fact, we’ll now be able to provide even more personalized attention and a higher level of overall service.