Nicholas A. Loring, CFP®, CIMA®, MBA, CRPC®, CRPS®, is the Vice President of Legatus Wealth and an award-winning financial services professional. His experience, credentials and accolades combine to make Nick a highly sought-after advisor in all areas of asset management and investment planning.
Prior to assuming his current role, Nick served on active duty in the US Army before transitioning to working with clients at Merrill Lynch. After earning his undergrad in Finance from Bryant University, Nick obtained his MBA from Mississippi State University. He holds an Investment Management Theory & Practice certificate from Yale University, is a CERTIFIED FINANCIAL PLANNER™ professional, Certified Investment Management Analyst (CIMA®), Chartered Retirement Plans Specialist (CRPS®) and a Chartered Retirement Planning Counselor (CRPC®). Nick was recognized in 2018 as an InvestmentNews’ 40 under 401 Advisor, has been named a Five Star Wealth Manager2 in 2017, 2018, & 2019, and was honored in 2017 when he made the Forbes’ Top 500 Next Gen Advisors list3. His thoughtful, deliberate and comprehensive approach to asset management makes him a trusted partner to every person, family, business owner and non-profit organization he serves.
Originally from Smithfield, Rhode Island, Nick lives in Milton, MA with his wife, Jennifer and daughter, Georgia. He enjoys playing golf, reading, traveling and helping people understand how to build and accumulate wealth. In his spare time, Nick gives back to the community by serving as a Treasurer/Trustee for the Greenville Public Library, as the Membership Director for the Financial Planning Association of Rhode Island, and is a core program alumnus of Leadership Rhode Island, MU II Class (2016).
1) 2018 InvestmentNews: 40 under 40 List: Nominations were solicited from InvestmentNews readers and financial planning industry professionals. Nominees must be 39 or younger and are judged, by the editors of InvestmentNews, on their accomplishments, industry contributions, leadership, and promise (passion, enthusiasm, and ideas). Approximately 1,000 advisors were considered. 4% of candidates were named to the list. Individuals were selected solely based on the subjective opinions of InvestmentNews' editors and are not indicative of the advisor's future performance. Your experience may vary. For more information, please visit [link]
2) Based on 10 objective eligibility and evaluation criteria, including a minimum of five years as an active credentialed financial professional, favorable regulatory and complaint history, accepts new clients, client retention rates, client assets administered, education, and professional designations. 568 Rhode Island wealth managers were considered for the award; 131 (23% percent of candidates) were named 2019 Five Star Wealth Managers. (The criteria provided reflects the most recent year for which advisor received the award. The criteria used, the number of wealth managers considered for the award, and the percentage of those who receive the award, may vary from year to year.) These awards are not indicative of the wealth managers' future performance. Your experiences may vary. For more information, please visit www.fivestarprofessional.com.
3) The 2017 ranking of Forbes' Top 500 Millennials (1) recognizes advisors born in 1980 or later with a minimum of four years of experience. The advisor was rated based on a proprietary algorithm of qualitative and quantitative criteria: assets under management, revenues generated for their firms, client retention, industry experience, credentials, and compliance records. SHOOK Research also employs an opinion-based weighting system that prioritizes its preferred "best practices," which include business models, activities, processes, and structure. 2,356 advisers were considered and 500 (21 percent of advisors) were recognized. For the full methodology (2) that Forbes developed in partnership with SHOOK Research, please visit here [https://shookresearch.com/due-diligence/].
(1) This recognition and the due-diligence process conducted are not indicative of the advisor's future performance. Your experience may vary. You are encouraged to conduct your own research to determine if the advisor is right for you.
(2) Portfolio performance is not a criterion due to varying client objectives and lack of audited data. SHOOK does not receive a fee in exchange for rankings.