Important Disclaimers and Disclosures
We do not render or offer to render personalized investment advice or financial planning advice through this web site. This site is limited to providing you with general information on our services and provides a way for you to contact us. Financial planning and Investment Advice can only be rendered after all of the following conditions are met: 1. Delivery of Registered Investment Advisory (RIA) firm Disclosure Brochure to you. (Available upon request) 2. Execution of an Investment Advisory and/or Financial Planning Engagement Agreement. 3. Payment of the planning retainer fee or investment advisory retainer fee by you.
Information contained on this website is intended for use only by individuals residing in states where Registered Representatives and Investment Advisory Representative is registered or where an exception from registration is available, and no new account will be accepted unless and until all local regulations have been satisfied. The states in which Advocacy Financial Registered Representatives and Investment Advisory Representatives are registered are LA, MA, MO, NY, MS, PA, CO, FL and TX. Securities-related services may not be provided to individuals accessing this information from any state not listed above.
This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed
No Legal Advice Intended, No Authority to Practice Law. This website and its content are not intended as financial, legal, or tax advice, or the provision of those services. Material presented is for informational purposes and may not reflect recent developments in the law or otherwise. Any legal opinions, documents, agreements and/or legal instruments are solely the responsibility of the clients' legal counsel. Advocacy Financial does not offer legal advice, legal opinions, or prepare legal documents.
Investment Advisor Representative: Mr. Prisco is also a investment advisor representative of Beam Asset Management, LLC, an SEC Registered Investment Advisory firm. Information about Mr. Prisco in this capacity can be found by contacting BEAM Asset Management’s Chief Compliance Officer or through their Disclosure Brochure which is also available online here: www.adviserinfo.sec.gov
Licensed Insurance Agent: Mr. Prisco is also a licensed insurance agent and in such capacity may recommend, on a disclosed basis, the purchase of certain insurance products. A conflict of interest exists to the extent that Mr. Prisco recommends the purchase of insurance products where Mr. Prisco receives insurance commissions or other additional compensation. Mr. Prisco seeks to ensure that all recommendations are made in the best interests of clients regardless of any additional compensation earned. For further information, please visit here: http://www.ldi.state.la.us/
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™. The CFP® certification is a financial planning credential awarded by the Certified Financial Planner Board of Standards Inc. (the “CFP Board”) to individuals who meet its education, examination, experience and ethics requirements. Eligible candidates are generally required to have three years of financial planning related experience and possess a bachelor’s degree from an accredited U.S. college or university. Certificants are further required to complete a CFP Board-Registered Education Program (or possess a qualifying professional credential), clear a personal and professional background check, and pass the CFP® Certification Examination, a ten-hour multiple choice exam divided into three separate sessions. In order to maintain the certification, CFP® designees must also complete at least 30 hours of continuing education every two years on an ongoing basis. For additional information about this credential, please refer directly to the website of the issuing organization. http://www.cfp.net/
Registered Representative of a Broker-Dealer: Joseph M. Prisco Jr., JD, CFP(r) is also a registered representative of Securities America, Inc. (“SAI”), an SEC registered broker-dealer and member of FINRA. In this capacity, Mr. Prisco. may provide securities brokerage services and implement securities transactions under a commission based arrangement. Mr. Prisco may be entitled to a portion of the brokerage commissions paid to SAI, as well as a share of any ongoing distribution or service (“trail”) fees from the sale of mutual funds. A conflict of interest exists to the extent that Mr. Prisco recommends the purchase of securities where he receives commissions or other additional compensation as a result. This practice may give him an incentive to recommend investment products based on compensation received rather than on the client’s needs. The RIA, BEAM Asset Management, has procedures in place to ensure that all recommendations are made in the best interests of clients regardless of any additional compensation earned. For certain accounts covered by ERISA (and such others that the firm deems appropriate), BEAM Asset Management provides investment advisory services on a fee offset basis, whereby the firm reduces its fee by an amount equal to the aggregate commissions and 12b-1 fees earned by Mr. Prisco in his capacity as a registered representative of SAI. For more information, please visit here: http://www.finra.org/
Advocacy Financial, LLC, Beam Asset Management, LLC, and Securities America Inc. companies, and Equitable Advocacy, LLC, are all separate entities.
No Confidentiality or Confidential Relationship Created by Use of this Website. Neither your receipt of information from this website, nor use of this website to contact Advocacy Financial or Mr. Prisco creates a confidential or attorney-client relationship between you and Advocacy Financial or one of its professionals. This website is not to be used to provide confidential information about a financial or legal matter. If there is confidential information that you would like to provide, please communicate in person or by telephone, not by filling in any form on this website or by sending an unsolicited email.
No Guarantee of Results. Some of the information summaries, reports of past results and individual biographies on this website may describe past matters handled for clients. These descriptions are meant only to provide information to the public about the activities and experience of Advocacy Financial or one of its professionals. They are not intended as a guarantee that the same or similar results can be obtained in every matter undertaken. You must not assume that a similar result can be obtained in a matter of interest to you. The information in this web site is based on data gathered from sources, which we believe to be reliable. It is not guaranteed as to accuracy, does not purport to be complete and is not intended as the primary basis for investment decisions. Additionally, it should not be construed as advice meeting the particular investment needs of any investor. All references made to investment or portfolio performance are based on historical data; one should not assume that this performance will continue in the future.
IRS Circular 230 Notice. In accordance with Internal Revenue Service requirements, this is to inform you that any information on this website that could be construed as United States tax advice is not written or intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed on this website.
Photographs. Photographs on this website are proprietary, and of actual professionals, employees, and/or clients, unless otherwise noted.
Cost of Website. The cost of this website is paid for by Advocacy Financial and not by any other company.
Responsible Financial Professional. The person responsible for the content of this website is Joseph M. Prisco Jr., JD, CFP(r)
Special Conflict of Interest Disclosures:
Spousal Financial and Estate Planning: When Financial and Estate Planning is conducted and implemented for a husband and wife, there exists an inherent real or potential conflict of interest regarding various property rights and planning considerations of each spouse. For example, in Louisiana, the determination of what constitutes Community Property and what constitutes Separate Property can have serious implications for any spouse during life and after death. If Clients requests a professional to conduct Financial and/or Estate Planning for both spouses, and there exists a non-contentious relationship, professional must attempt to balance these interests, however, Clients acknowledge the existence of this conflict. As such, professional cannot be a proponent for either spouse against the interest of the other spouse. Such a process could favor one spouse to the detriment of the other spouse. Furthermore, any information provided to professional by one spouse cannot be considered confidential to the other spouse. With the existence of divorce, it must further be understood by Client that plans and strategies could affect outcomes of any one spouse by a divorce or otherwise. Prior to engagement, Clients acknowledges that they have been informed of this real or potential conflict of interest and can decide to move forward with estate planning or not. In addition, each spouse remains welcome to have independent counsel for any or all segments of Financial and/or Estate Planning.
Financial Related Services: Financial Planner(s) may have additional capacities beyond finance, for example, as a Lawyer. Client acknowledges that Client may desire Financial Planner to conduct other services such as those offered by Lawyers. Multi-faceted Professionals can significantly benefit Clients due to increased breadth of skill and knowledge, however, Client must acknowledge that professional services pursuant to a Investment Advisory or Financial Planning Agreement are financial in nature only and are distinct and separate from other services. Law and other services are provided under a separate agreement(s), by a separate entity(s), and are compensated for under separate arrangement(s). Client acknowledges that compensation by other services may influence a strategy recommended and there exists a potential or real conflict of interest. Furthermore, other services do not carry protections normally afforded as part of the financial relationships and are provided pursuant to distinct regulation and distinct licensing requirements.
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