Greenstein, Lawrence

Lawrence Greenstein, Sole Proprietor is a registered investment advisor operating as a sole proprietorship in Port Washington, New York. Lawrence Greenstein does not directly manage investments, sponsor wrap-fee programs, or provide financial planning services. Instead, the firm's primary advisory activity consists of referring individuals to selected third-party, unaffiliated financial services and investment advisor firms. When a client chooses to work with a recommended third-party investment advisor, Lawrence Greenstein receives a referral fee, which is a percentage of the advisory fees collected by that third-party firm. Lawrence Greenstein also works as a Certified Public Accountant and partner at an accounting firm, which is the principal business activity. The firm has a conflict of interest in making referrals because recommendations are limited to third-party firms that have agreed to pay referral compensation. Clients are never obligated to use the recommended third-party firms and can select other investment advisors.