Under Legal Ethics Opinion No. 1754, as attorneys, as licensed registered investment advisors for Beacon Wealth Solutions, LLC, and/or as licensed Life and Health Insurance Agents we have an ethical obligation to disclose the following to you:
(a) Neel Shah is an independent Life & Health Insurance agent and also employed as an Independent Investment Advisor with Beacon Wealth Solutions, LLC (a company which Neel Shah owns.) Shah & Associates, P.C. (SAPC), Beacon Wealth Solutions, LLC (Beacon) and Shah Total Planning (STP) are separate entities. Your legal services are provided by SAPC, and not by Beacon. Your financial services are provided by Beacon, STP and/or Neel, and not by SAPC.
(b) If you decide to purchase insurance or annuity products, Neel will receive a commission on the products you purchase.
(c) Beacon and STP are not responsible for the supervision of, or the control over any legal services that have been, or will be rendered to you. Shah & Associates, PC is not responsible for the supervision of or control over the investment advisory or other financial services you may receive through Beacon or STP.
Pursuant to Legal Ethics Opinion 1754, because I have a potential conflict of interest in advising you with regard to your decision to establish a relationship with Beacon Wealth Solutions, LLC, you may want to discuss this matter with independent legal counsel. Further, because other firms, insurance agents, financial planners, and insurance brokers are licensed to provide investment advisor services and/or insurance and annuity products, you should feel free to check with other firms regarding such services and fees.
Advisory services offered in the State of New Jersey and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by Beacon Wealth Solutions in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant to an applicable state exemption. Past performance may not be indicative of future results. Investing involves risks, including the potential for lost principal. There
is no guarantee that any investment plan or strategy will be successful.