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August 27th, 2018 — Cyr Financial issues State of The Union to clients
March 18th, 2018 — Cyr Financial hires new tax associate, Tyler Masching.
January 27th, 2017 — Cyr Financial Wealth Advisors (Cyr Financial) is announcing the adoption of the Global Investment Performance Standards (GIPS). The firm’s adherence to the standards has been independently verified for the period of Oct. 1, 2015, through Dec. 31, 2017. GIPS is a set of standardized, ethical principles that guide investment firms on how to calculate and present their investment results to prospective clients. Although the adoption of GIPS is not mandated by regulation, it is considered best practice for investment advisors. “At Cyr Financial, we believe stories only drive sales, but performance is what actually drives success," Christian Cyr, the firm’s chief investment officer, said. "Becoming GIPS compliant was the only way for our firm to prove the performance of our strategies. GIPS Compliance is the gold standard in performance reporting, and we are happy to be among the minority of firms in the industry that are dedicated to reporting performance to our prospective clients in a clear and transparent manner,” Cyr said. Cyr Financial is a registered investment advisor. The firm’s GIPS compliant presentation and list of composite descriptions can be requested by emailing firstname.lastname@example.org.
September 16th, 2015 – Cyr Financial Inc. of Hennepin, Illinois announced today it has become a completely independent Registered Investment Advisor. The firm will no longer offer its fee-based services through a broker dealer of any kind. Christian J. Cyr, President and Chief Investment Officer stated “Given the many changes that have occurred within the financial services industry, we feel that the independent model is the best platform for us to deliver unbiased, thoughtful investment advice. We are proud of this achievement. Nearly all investment professionals are still running their fee-based business through a broker-dealer.” In addition to the independence, Cyr also noted the change was done with cost in mind as his average advisory client will experience a savings of over $800 per year in transaction costs and fees with the new structure.