Lebenthal Wealth Planning, Inc.

Bristol Asset Management provides financial planning and retirement-plan advisory services and refers clients to third-party portfolio managers for ongoing asset management. The firm offers fixed-fee financial plans and advises small businesses on pension plans and participant-level retirement plan services (including 401(k), defined benefit, SIMPLE and similar arrangements).

Bristol generally does not provide direct discretionary portfolio management itself; instead it directs clients to third‑party wrap and non‑wrap platforms for portfolio supervision and relies on third‑party model portfolios and research tools such as Morningstar and Financial Profiles for portfolio analysis. The firm’s representatives are registered with a related broker‑dealer and the firm discloses that referral/solicitation payments, 12b‑1 fees and portions of wrap fees may be received in connection with those third‑party programs.

Compared with many investment managers, Bristol combines a small advisory practice with formal affiliations to a broker‑dealer and an insurance agency and routinely selects outside advisers for portfolio management, a set of arrangements the firm highlights in its disclosures. The firm also emphasizes fixed, project‑based planning fees and referral arrangements rather than directly billing clients on a percentage‑of‑assets basis, and it does not take custody or directly vote client proxies.