Daniel M. Cashdan

Services and Approach Overview

Primary services - Brokerage services: the firm can buy and sell securities for you and make investment recommendations. - Access to private offerings: the firm can offer investments that are not publicly traded, including ones sponsored by affiliated companies. - Advice and execution: your advisor may suggest strategies and specific investments, but you make the final decision and the advisor carries out transactions you approve. How the advisor/firm is paid - Commissions: you typically pay a commission when you buy certain funds or products; the commission size usually depends on how much you invest. - Issuer/placement payments: the firm may receive separate payments from the company offering a private investment (for distribution, underwriting, or advisory work). - Offering-related fees and expenses: private investments often carry their own fees and costs that reduce your returns; you pay these whether your investment gains or loses value. Conflicts of interest and client impact - Incentive to recommend affiliated or commission-paying products: because the firm and its affiliates earn money when you invest in certain offerings, advisors may be inclined to suggest those products. That could affect the options presented to you. - Dual compensation from issuers: when the firm is paid by the issuer for advisory or placement services, it can create a conflict between the issuer’s interests and yours. - How conflicts are handled: the firm must identify and disclose ongoing conflicts and is required to follow standards intended to prioritize your interests.