Laflam and Haggerty Investment Advisers Corp.

LaFlam and Haggerty Investment Advisers Corp. is a small, fee‑only registered investment adviser managing approximately $49.7 million in discretionary assets for about 67 clients. The firm provides ongoing investment supervisory services to individuals, trusts, estates, partnerships, corporations and pension or profit‑sharing plans, generally with full discretionary trading authority.

The firm’s investment process centers on fundamental security analysis and asset allocation among common stocks, publicly traded REITs and fixed‑income securities, using both long‑ and short‑term holding strategies while not employing short sales, options or margin. Client accounts are reviewed on an ongoing basis with securities reviewed at least quarterly and the firm provides written annual performance reports and portfolio appraisals on request.

A distinctive feature of the firm is its affiliation with a local accounting practice: the principals are certified public accountants who share staff and facilities with an affiliated CPA firm and provide tax planning, financial planning, retirement planning, litigation support and trustee services; the brochure notes the CPA affiliate currently serves as trustee on several client accounts. Also notable for a two‑adviser shop, the firm’s client mix extends beyond typical individual investors to include institutional and governmental relationships — for example, banking/thrift, insurance, state or municipal entities, other investment advisers and a sovereign wealth fund — which can create different custody and service arrangements than those used for most retail clients.