SERVICES
Investments
Portfolio and wealth management, distribution planning, tax efficiency, institutional class investing, performance reporting, and low fees.
Financial Planning
Certified Financial Planner utilizing the CFP process to provide financial guidance and written plans.
Employer Sponsored Plans
3(21) Fiduciary providing plan design, investment selection, monitoring, enrollment, and management.
REGISTERED INVESTMENT ADVISOR
ECT Advisory, LLC is a Registered Investment Advisor. The firm was established in 2013 to provide existing benefit clients low-cost open architecture 401(K) plans and personal investment management. An RIA is a firm registered either with the SEC or individual states and employs one or more Investment Adviser Representatives. ECT Advisory, LLC is registered in the states of Florida and Delaware. Eric Stone, CFP established the firm and is the sole IAR.
BROKERS AND CUSTODIANS
ECT works with Shareholder Service Group and Pershing, LLC for brokerage and custodian services.
Altruist recently purchased SSG and also functions as broker with full clearing and custody capability.
TECHNOLOGY
SSG/Pershing accounts login to NetxInvestor
Altruist and SSG accounts login to Altruist.
INSURANCE
Shareholders Service Group is a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members. Customers are afforded the benefits under the Securities Investor Protection Act of 1970. SIPC provides protection up to a $500,000 limit, of which $250,000 may be for cash balances. More information is available at www.sipc.org. SSG carries an additional $1 billion in aggregate coverage from Lloyds of London with a per account limit of $1.9 million on coverage of cash and no per account dollar limit on coverage of securities.
Altruist is also a member of the SIPC with the same $500,000 including $250,000 in cash protection. Altruist also carries an additional $40 million including a $2 million limit on cash of protection from Lloyds of London. The firm limit is $150 million in protection across all accounts.
ERIC
Eric Stone, CFP, is the principal and sole Investment Adviser Representative. Eric holds a Bachelor’s degree in Economics from The University of Texas at Austin and studied Computer Science at The University of South Florida. He spent several years as a software engineer working for FedEx and GTE (Verizon). He also played baseball in college and was on the forty-man roster with the Detroit Tigers. Eric has been in financial services since 2001.