How We Help
We are registered with the U.S. Securities and Exchange Commission as an investment adviser. Brokerage and investment advisory services fees differ and it is important for you to understand the differences. Free and simple tools are available to research firms and financial professionals at https://investor.gov/crs, which also provides educational materials about broker-dealers, investment advisers and investing.
Our firm offers investment advisory services, which are fully described in our Form ADV Part 2A (“Disclosure Brochure”). Our services include financial planning and investment consulting, investment management, wealth management, retirement plan consulting. As part of our standard services, we monitor investments that we manage on a continuous and ongoing basis. Financial planning and investment consulting recommendations are not actively monitored. There are no material limitations to our monitoring. We accept discretionary authority to implement the recommended transactions in client accounts. The level of discretion is determined in our agreement and there are no material limitations on the authority. We do not offer advice only with respect to proprietary products. We offer advice on primarily on the selection of other investment managers as well as on various mutual funds, exchange-traded funds, individual debt and equity securities, and options. Our services are subject to a minimum account fee of $2,400, and an initial onboarding fee of $1,000.
Additional information about our services can be found in Items 4, 5 and 7 of our Disclosure Brochure and available to all clients or by going here: https://adviserinfo.sec.gov/ and entering our company name under the “FIRM”.
Given my financial situation, should I choose an investment advisory service? Why or why not?
How will you choose investments to recommend to me?
What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
We offer our services on a fee basis. We charge a fixed fee for financial planning and investment consulting and a fee based upon assets under management for investment management and wealth management services. For project-based services, fees can be charged up-front or one half of the fees can be due upon engaging us while the remainder is due upon delivery of the services. For ongoing services, the annual fee is prorated and charged quarterly..
In addition to the advisory fees paid to us, you also incur certain charges imposed by other third parties, such as broker-dealers, custodians, etc. These additional charges include securities brokerage commissions, transaction fees, custodial fees, fees attributable to alternative assets, reporting charges, fees charged by the Independent Managers, margin and other borrowing costs, charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the fund’s (prospectus e.g., fund management fees and other fund expenses), deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions.
The more assets there are in your advisory accounts, the more you will pay in fees, so the firm may therefore have an incentive to encourage you to increase the assets in your account or manage them in a way where we charge higher fees. You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Additional information about our fees can be found in Item 5 of our Disclosure Brochure and available to all clients or by going here: https://adviserinfo.sec.gov/ and entering our company name under the “FIRM”.
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means.
Third-Party Payments: We do not receive compensation from third parties when we recommend investments. We do, however, have an affiliated insurance agency, Vital Financial Insurance Services, LLC doing business as Vital Financial & Insurance Services (“Vital Financial”) where certain supervised persons can discuss insurance products with clients. Any commission for a purchased insurance product goes to Vital Financial. Because we own Vital Financial, this results in an incentive for certain of our supervised persons or affiliates to recommend those insurance products.
Additional information about our conflicts of interest can be found throughout our Disclosure Brochure and available to all clients or by going here: https://adviserinfo.sec.gov/ and entering our company name under the “FIRM”.
Our financial professionals are compensated based on the following factors and conflicts of interest:
Product sales commissions as owners of the firm. Financial professionals do not receive sales commissions. Owners of our firm benefit from sales commissions paid to Vital Financial. This results in an incentive to sell certain insurance products.
Salary. This results in disincentive to ensure investment performance is maximized.
Additional information about our financial professionals can be found on their respective Form ADV Part 2 Brochure Supplements that you will be provided.
No, neither we nor our financial professionals have a legal or disciplinary history. You can visit https://investor.gov/crs for a free and simple search tool to research us and our financial professionals.
You can find additional information about our services on our website at and in our Disclosure Brochure. To request a copy of this Relationship Summary and any of our other disclosure documents referred to in this document, call us at (914) 417-4556.