How does LFA select investments for clients?
Before we make any recommendation we work with each client to determine their financial ability to take risk, the returns needed to meet their goals and we try to gauge their overall tolerance to take risk. We do not want to exceed a clients risk tolerance as this can lead to selling securities at the worst possible time. When a clients investment choices are restricted by the number of funds within a retirement plan, we review the costs associated with each investment and the long-term performance of the funds. We then select the best combination of funds available within the retirement plan.
