Lane Asset Management (LAM) is a Registered Investment Advisor providing comprehensive
financial planning and investment management to individuals and small businesses
in the Hudson Valley and in Connecticut, New York, and New Jersey. Edward Lane,
CFP® is Principal of LAM and all professional services are provided by him. See
below for Ed’s background.
LAM serves clients who are successful in their own right and are still active in
their careers or are in an active retirement. Because they devote so much effort
to their careers and family, precious little time remains to manage their hard-earned
wealth. Ed’s clients have come to appreciate the inherent advantages of having an
independent, experienced professional devoted to supporting their financial planning
and investment decisions.
Ed’s approach to financial planning and investment management is to focus first and
foremost on fully understanding clients’ financial goals. Counsel and investment
management decisions are then based on attainment of those goals (rather than attainment
of a specific or target rate of return, for example) within appropriate risk tolerances.
Having said that, the outlook for investments for the next few years remains subdued,
despite the market’s resurgence since March 2009. In light of the wealth destruction
and the elimination of credit supported consumerism, recovery will depend greatly
on the effectiveness of government intervention around the world, especially establishment
of sustainable new industry and markets. With that outlook, our investment focus
is the preservation of capital combined with a reasonable rate of return. It parallels
the concerns of many of our clients who have worked hard to establish their financial
strength and want it protected. Within that context, for those clients comfortable
with taking on some level of risk, there will continue to be pockets of opportunity,
just as there was during the collapse of late 2007 through to early 2009.
Ed works on a fee-only basis, that is, fees are based on a percentage of assets under
management, an hourly rate, or a negotiated fixed fee. While Ed utilizes his extensive
actuarial experience to assist clients in understanding and evaluating complex insurance
and annuity products, he does not sell these products and commissions are never charged.
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Edward Lane, CFP®, has helped individuals and employers build and protect their assets
for over 30 years. As an actuary, small business owner, and consultant to large corporations
and small businesses, Ed has developed business and financial plans, managed investments
and consulted on asset allocation for many individuals and pension programs. His
experience as an actuary proves invaluable in the analysis of complex annuity and
other insurance products.
Ed is a graduate of The Wharton School at the University of Pennsylvania with a degree
in Economics and Actuarial Science. He is a Certified Financial Planner™ professional
and a member of the New York Society of Security Analysts. While a consultant, he
was also an Enrolled Actuary and a member of the Society of Actuaries, The American
Academy of Actuaries and The Conference of Actuaries in Public Practice. Ed is vice
president of the board for The Queens Galley (a soup kitchen in Kingston, NY), and
is on the board and treasurer for the Ulster County Jewish Federation.
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Lane Asset Management ("LAM") is a Registered Investment Advisor pursuant to the
Investment Advisors Act of 1940. The following information is provided in order to
respond to the questions set forth in Form ADV, the form which investment advisors
use to register with the Securities and Exchange Commission and/or individual states.
While Form ADV may not flow well as a document in terms of readability (since it
follows a specified format), it does provide important information for both current
and prospective LAM clients, such as advisory services and fees, types of clients,
methods of analysis, education and business standards, conditions for managing accounts,
Lane Asset Management is a Registered Investment Adviser, registered with the States
of New York, Connecticut and New Jersey. Advisory services are only offered to clients
or prospective clients where Lane Asset Management and its representatives are properly
licensed or exempted.
This website is solely for informational purposes.
No advice may be rendered by Lane Asset Management unless a client service agreement
is in place.