Our fee structure is straight-forward, without hidden incidentals and is published in the Lombard Policies and Procedures Manual. And, since we are industry leaders with a Web-based real-time back office, quotations, research and client management, our brokers can offer first-rate service to their clients.
Every independent investment broker and financial advisor needs not only a “broker-dealer” but also a “clearing firm.”
The role of a broker-dealer, such as Lombard Securities, is primarily:
The role of a custodian-clearing firm, such as First Clearing, is primarily:
As Lombard’s clearing partner, First Clearing provides clearing and execution services as well as state-of-the-art back-office technology. They have more than 35 years of experience providing services to more than 15,000 Financial Advisors. First Clearing allows Lombard’s investment brokers direct access to its operational personnel and product experts as well as a dedicated relationship manager.
Thus, while Lombard Securities and First Clearing work as partners to service accounts, each is independent of the other.