I believe in many instances, a financial advisors’ compensation is structured in a way that may be opposed to the best interests of the clients they advise. Conflicts of interest distort the information provided and the advice and recommendations made to investors. Our mission is to educate investors about the benefits of financial advice that discloses all relevant facts, including what costs you pay for your financial advice.
For over 30 years, I’ve been involved professionally with the financial services industry in many capacities. After years as a financial advisor, I was promoted to a supervisory capacity responsible for the oversight of financial advisors. During the past decade, I worked as a consulting and testifying expert representing investors who suffered financial loss at the hands of financial advisors’ who were supposed to be helping them. With my experiences in hand, after years in the securities arbitration arena, I have dedicated myself to investor advocacy and financial education.
Stephen Ostrofsky, CFP® located in Boynton Beach, Florida is proud to provide brokerage account services through Cambridge Investment Research, Inc. and financial planning and investment advisory services through Cambridge Investment Research Advisors, Inc. Cambridge Investment Research Advisors, Inc. is registered with the Securities Exchange Commission (SEC) as a Registered Investment Advisor.
Stephen Ostrofsky, CFP® is registered with Cambridge Investment Research Advisors, Inc. as Investment Advisor Representative (IAR) who is registered with the SEC and states as required and may provide financial advice to clients. As an IAR, Stephen Ostrofsky, CFP® can evaluate your investment needs and objectives to determine your suitability for the various programs offered through Cambridge Investment Research Advisors, Inc.
Stephen Ostrofsky, CFP®, as an IAR with Cambridge Investment Research Advisors, Inc. is required to provide a Supplemental Brochure to clients when providing financial planning and investment advisory services. Review his SEC Supplemental Brochure.
Important Disclosures
Clients and prospective clients who receive financial advice from Stephen Ostrofsky, CFP® should consider the following:
- 1) Through our broker dealer, Stephen Ostrofsky, CFP® receives commissions for investment transactions made in non-discretionary accounts;
- 2) Through insurance companies, Stephen Ostrofsky, CFP® receives commissions for the sale of insurance-related products; and
- 3) Stephen Ostrofsky, CFP®, personally faces many of the same conflicts of interest as “commission-based financial professionals”, as described on this website.
