Acting as a fiduciary we are a Fee Only New York financial advisor with offices in Little Neck, Queens & Boynton Beach, Florida.
We currently only provide financial planning services as part of our comprehensive Wealth Management service.
Please keep in mind that the fees you pay us are the only fees we receive. We do not receive any commissions, trails or referral kickbacks.
This comprehensive service includes ongoing investment management including assistance with most financial planning aspects of your family’s life. In many cases a financial planning project such as a complete retirement analysis is completed upon the initial engagement.
Fees are based on the total assets under management. Our minimum quarterly fee is $1,250 per quarter and it makes the most sense to have us manage at least $500,000 of assets. This can include existing accounts such as 401k, 403b or annuities that cannot be transferred over to our custodian. All fees are billed quarterly and deducted from your account.
1% on the first $1,000,000
.75% on the next $1,000,000
.45% amounts over $2,000,000
For many clients our fee is tax deductible on the schedule A of your income tax return. Each quarter you will see the fee calculation in an easy to understand format, also our custodian TD Ameritrade will show the fee on your monthly brokerage statement. Unlike some firms we do not make any attempt to hide our fee and we do not get paid from any products.