LaSalle St. Investment Advisors, L.L.C.

LaSalle St. Investment Advisors (LSIA) provides personalized, fee‑based financial planning and investment supervisory services to individuals (including high‑net‑worth clients), trusts, estates, pension and profit‑sharing plans, charitable organizations and small businesses. Its service menu includes the non‑discretionary LaSalle St. Asset Management Program (LAMP), managed discretionary programs, qualified plan consulting, third‑party manager selection and monitoring, subadvisor/co‑advisor arrangements, and written financial plans.

The firm offers both non‑discretionary and discretionary approaches: LAMP is managed on a non‑discretionary basis requiring client approval of recommendations, while other managed programs grant LSIA discretion and rely on asset‑allocation models, periodic rebalancing, and a mix of mutual funds, ETFs, equities, fixed income and options. LSIA also recommends and supervises third‑party managers, participates in wrap platforms (including Fidelity’s FMAX), and generally executes through its affiliated broker‑dealer LaSalle St. Securities with clearing relationships at National Financial Services/Fidelity.

A distinguishing operational feature is the firm’s asset mix: as of December 31, 2025 LSIA reported about $3.9 billion managed non‑discretionary versus about $1.84 billion managed discretionary (plus roughly $225 million under advisement), a predominance of non‑discretionary assets that is uncommon for large enterprise advisers. The brochure also discloses routine fee‑sharing and solicitor/co‑advisor arrangements (with typical solicitor splits described around 1.00%), and expense‑sharing and clearing relationships with its affiliate — characteristics that bear on conflicts of interest and trade execution practices.