Cabot Lodge Securities Opens Three Branch Offices to Provide Independent Wealth Management to a Diverse Client Base

NEW YORK, March 20, 2012 /PRNewswire/ -- Cabot Lodge, a newly formed office of separate jurisdiction of Allied Beacon Partners, Inc., is pleased to announce the opening of three new branch offices in Princeton, N.J., Long Island and Manhattan. These new branch offices serve as the beginning of the firm's initial expansion plans. 

Cabot Lodge believes the old models of brokerage and wealth management no longer provide the best results for clients and has put itself at the forefront of change by building a team of highly successful financial advisors who have a direct ownership stake in the company. These new branch offices will allow the firm's financial advisors to serve their clients with the personal touch and superior service they deserve.

"With the opening of these new offices, we mark the launch of Cabot Lodge as a first-class wealth management firm dedicated to building a team of highly successful financial advisors, all of whom will have the opportunity to own shares in the company," said Stephen Rooney, Vice President, National Sales, Training and Recruiting at Cabot Lodge. "We believe that by focusing on our financial advisers and their clients first, we can achieve greater success for all involved."

Cabot Lodge has a unique ownership structure where 49 percent of the firm is owned by its financial advisors, who help determine the overall goals and vision of the firm. Cabot Lodge expects to hire over 100 additional financial advisors in the next two years, all of whom can earn an ownership stake.

With offices in New York City, Princeton and Long Island, Cabot Lodge offers a unique and innovative platform that allows wealth managers to provide their clients best-in-class service without having to incur the costs of running an independent operation.

Unique among others in the industry, the firm offers an array of alternative investment products for diversification and risk mitigation. These are available for direct investment by accredited investors and include real estate syndications, tax credit programs, and oil & gas programs. Cabot Lodge also provides access to an assortment of publicly traded and non-traded Real Estate Investment Trusts (REITs.)

In addition to a unique set of product offerings, Cabot Lodge's financial advisors incur no overhead and are part of a true partnership structure. The firm also employs the latest trading and client service technology including mobile accessibility through smartphones and tablets.

For new recruits, Cabot Lodge has developed a customized education and mentoring program that pairs them with seasoned financial advisors and offers extensive training on the latest investment products and industry regulations.   

About Cabot Lodge

Cabot Lodge is an Office of Supervisory Jurisdiction (OSJ) of Allied Beacon Partners, Inc., a financial services firm founded in 1984 and headquartered in Richmond, Virginia with representatives nationwide. Allied Beacon is a Registered Investment Advisor and a member of FINRA/SIPC.  With offices in Manhattan, Long Island and Princeton, NJ, Cabot Lodge provides wealth management and financial services to a diversity of clients by offering a full range of financial services, including traditional investments in stocks and bonds, a range of insurance products, real estate, retirement planning, and investment banking. For more information please visit www.clsecurities.com.

Contact: Zach Kouwe/Stephanie Dressler
Dukas Public Relations
Tel.: (212) 704 7385
E-mail: [email protected]/[email protected]

SOURCE Cabot Lodge Securities