Jeff Lippens, Garde Capital
Schwab Advisor Services basically satisfy all of our trading needs, all of our custodial needs, all of our information needs, and be able to provide us access to that data so that we can do the best that we can do in managing money.
I think SchwabAdvisorCenter.com is a wonderful place to be able to get what you need, when you want to get it, quickly. One of the biggest obstacles of running your own firm is when you can't get to what you need and get things done efficiently. So between myself and my staff, having the ability for them to get what they need quickly and efficiently, and get that to the client so that we can move forward with our business is instrumental to being successful.
One of the best things about working with our relationship manager at Schwab is for them to quickly understand what we need, why we get it, and why it integrates with our firm. When a custodian or somebody that you're interfacing with doesn't understand your business, they can't really give you what you want. I would argue that they do a very good job of understanding what we're doing, what we're trying to accomplish, and providing those services that are important to us.
The most exciting thing that has happened to us since becoming an independent advisor is that we can go out now and brand and market our firm exactly how we feel is in the best interest of our clients. We don't have to report to somebody else's P&L about what's good to us. We can now build a business, build a brand specific to us and specific to our clients' needs.
We started Garde Capital because we felt that our old environment had too many conflicts of interest with the client. We felt being a broker-dealer and an investment advisor under the same umbrella created too many conflicts for the client, where often they didn't know when they were being sold and they didn't know when they were being advised. Our objective is to provide investment management services and not be compensated for any other types of revenue from the clients' assets.
"Schwab Advisor Services basically satisfies all our trading needs, all of our custodial needs and all of our information needs so we can do what we do best."