Annual Compliance Update: The Sequel You Didn’t Ask For (But Still Need to Read)
Dear Client,
If you're experiencing déjà vu, don’t worry—you’re not caught in a compliance time loop. Yes, it's that special time of year again when we sprinkle your inbox with the regulatory equivalent of a bedtime story. And just in case you thought you could escape, you’ll also be receiving similar love notes from Fidelity, AssetMark, and various other financial firms. It’s like the Oscars for compliance disclosures—everyone gets one!
Attached (or available via [this link]) are this year’s required compliance disclosures. If you were with us last year, you already know the drill. If you’re new—welcome! We promise these documents are just as thrilling as watching a pot of water almost boil.
For your reading pleasure (or, let’s be honest, your “I’ll skim this later” pile), here’s what’s included:
ADV Part 2A – The thrilling tale of our advisory services, fees, and business practices.
ADV Part 2B – The companion piece, starring the people behind the advice.
CRS Form – A quick summary of how we work with you (think of it as our financial dating profile).
Privacy Policy – Spoiler: We take your privacy very seriously.
Now, while we know compliance disclosures aren’t exactly beach reading, they do contain important information about your investments and our relationship with you. So, grab your favorite beverage, skim at your leisure, and if you have any questions, give us a call at (239) 288-0977. We’re happy to translate compliance-speak into plain English.
We appreciate you sticking with us through this annual tradition—your trust means the world. Here’s to another year of transparency, good financial decisions, and avoiding boredom wherever possible.
Stay informed, stay savvy, and stay in touch. Cheers to your financial well-being!
James, Karla, and Phil
Waterstone's President, Vice-President, and Chief Compliance Officer