| Advisor Profile |
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Business Description |
We are a comprehensive financial planning firm, and we work with each client in regards to their individual situation. Our recommendations are designed around a needs-based analysis of each client's particular circumstances.
We offer a full range of products and services to assist our clients and their families in meeting their financial and lifestyle objectives. We pride ourselves on a personal relationship with each client, and we have the experience to handle the most complicated of financial matters.
We also pride ourselves on high professional standards, and technical expertise. I have written featured articles for several financial trade publications, including Financial Planning and Registered Rep. magazines. I have also been quoted in Fortune, Ticker and Registered Investment Advisor magazines. In addition, I am a former adjunt professor of Finance & Economics at Seton Hall University.
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General Information |
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| Insurance License#: |
IP-0207742
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| Name of Broker/Dealer: |
Investacorp
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| Name of Custodial Firm: |
Ridge Clearing, Bear Stearns & NFS
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| States Licensed in: |
NJ, NY, CT, PA, SC, MD, FL, WV
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| Years of Experience in Financial Services: |
12
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| Number of Years with Current Firm: |
7.5
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| Work Experience: |
OLDE Stockbrokers, New England Financial and GCI Financial Group. Adjunct Professor of Economics Seton Hall University.
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| I work with the following types of clients: |
Individual Investors, Non-Profit Organizations, Businesses
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Education |
| Academic Background |
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| Graduated from Lafayette College with a joint degree in Economics and Mathematics. |
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Services |
| Investment Types: |
Options & Futures, Mutual Funds, Alternative Investments, Exchange Traded Funds (ETFs), Insurance, Bonds, Stocks, Annuities
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
Chartered Financial Consultant (ChFC)
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| Securities Licenses: |
Series 65, Series 63, Series 52, Series 24, Series 7
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| Insurance and Annuity Licenses: |
Variable Annuity, Long Term Care, Variable Life, Disability, Annuity, Health, HMO, Life
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| Financial Organization Memberships: |
Paladin Registry
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| Non-Financial Organization Memberships: |
Pastime Club, Inc.
Maplewood Chamber of Commerce
Delta Upsilon Fraternity
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| I work with clients as part of a team: |
Yes
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| Firm's Number of Clients: |
100
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| Firm's Number of Planning Clients: |
70
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| Firm's Number of Managed Clients: |
80
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| Advisor's Number of Clients: |
80
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| Advisor's Number of Managed Clients: |
80
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| Advisor's Number of Planning Clients: |
80
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Compliance |
| Registered Investment Advisor: |
Yes
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| Registered Representative: |
Yes
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| Investment Advisor Representative: |
Yes
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| I am an acknowledged fiduciary: |
Yes
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| Compliance Disclosures in Last 5 years: |
I have a clean record
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| Criminal Disclosures in Last 5 years: |
I have a clean record
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Compensation & Fees |
| I am a fee-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
$200,000
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| Compensation Methods: |
Based on Assets, Hourly, Flat Fee, Commissions
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| Additional Details on Charges: |
Our fees are based on a host of factors and are different for all clients. We can charge an hourly fee for specific services. We customarily charge a flat fee for financial plans or specific projects.
In regards to investments and asset managament, we can charge commissions, or a fee based on the level of assets under management. These fees can range from 0.5% 2.5% pending on account size and other factors.
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| Minimum Fee Charged for Managed Accounts: |
$750
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| Minimum Fee Charged for Hourly Planning Accounts: |
$125
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| Minimum Fee Charged for Flat Fee Accounts: |
$125
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| Prepared By: |
Michael Greco |
| Most Recent Update: |
08/26/2008 |
Frequently Asked Questions |
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| Q. |
What are your qualifications? What is your education background? |
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I have a joint degree in Mathematics & Economics from Lafayette College. I am a Certified Financial Planner (CFP) and a Chartered Financial Consultant (ChFC). I am a former adjunct professor of Economics & Finance at Seton Hall University. Beyond that, all firm employees hold all appropriate FINRA licenses, as well as multiple state insurance licenses. |
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What is your approach to financial planning? |
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We believe that each individual is unique. While many of our client share similar goals and concerns, financial plans need to be designed to address the individual. Therefore, all of our plans are individually designed and tailored. We do not use generic financial planning software! |
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What services do you offer? |
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Financial Planning - Retirement Planning, Education Planning, Estate Planning and Buy-Sell Arrangements.
Investment Management
Insurance |
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How many clients do you currently manage? |
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Firmwide, approximately 100. |
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Will you be the only person working with me? |
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Not necessarily. We believe that no one has a monopoly on good ideas and take the "two heads are better than one" approach when necessary. |
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How are you compensated? How will I pay for your services? |
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Our first consultation is free. Beyond that, our fees are calculated on several factors and are different for all clients. Financial Planning is done either on an hourly or project basis. Investment management is generally done on a Asset Under Management basis. We do have the ability to also work on a commission basis in the few circumstances where it might be most appropriate. |
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Do you offer any guaranteed results? |
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How much risk should I be willing to take? |
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That question cannot be answered without completing a comprehensive financial planning engagement. |
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Have you ever been charged with any breaches? |
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What services do you provide? What are your specialties? |
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Financial Planning - Retirement Planning, Education Planning, Estate Planning and Buy-Sell Arrangements.
Investment Management
Insurance
Our firm has been recognized are experts in retirement planning. We would state that this is our speciality. |
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What is your experience? How many clients do you currently manage? |
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Over 10 years experience. Firmwide, approximately 100. |
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What financial institution(s) do you represent? |
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We have an independent broker/dealer arrangement with Investacorp. We have clearing arrangements with Bear Stearns, Ridge Clearing and National Financial. |
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How do you charge for your services? |
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Our first consultation is free. Beyond that, our fees are calculated on several factors and are different for all clients. Financial Planning is done either on an hourly or project basis. Investment management is generally done on a Asset Under Management basis. We do have the ability to also work on a commission basis in the few circumstances where it might be most appropriate. |
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Do you provide a free initial consultation? |
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YES! We feel that both client and planner should feel comfortable with each other and the first consultation will provide the opportunity to determine if an ongoing relationship is feasible. |
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Why should I choose you as my financial advisor? |
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Most qualified advisors could write a novella illustrating their experience and providing anecdotal evidence. We would simply state that we are experienced, qualified and most improtantly - honest. |
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What are your qualifications? |
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I have a joint degree in Mathematics & Economics from Lafayette College. I am a Certified Financial Planner (CFP) and a Chartered Financial Consultant (ChFC). I am a former adjunct professor of Economics & Finance at Seton Hall University. Beyond that, all firm employees hold all appropriate FINRA licenses, as well as multiple state insurance licenses |
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What is your approach to 401 K plan rollovers? |
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We approach rollovers in the same manner that we approach any retirement planning engagement. |
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How long does the process of rolling over a 401K plan usually take? |
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It is largely dependent on the firm from where the rollover is coming. Most have their own unique documents and processing times. We can handle our side of the transaction in mere minutes... |
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What financial institutions do you represent? |
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We have an independent broker/dealer arrangement with Investacorp. We have clearing arrangements with Bear Stearns, Ridge Clearing and National Financial. |
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How many years of experience do you have? |
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Over 10 years in the industry. |
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| Q. |
What are your fees for this service? |
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Our first consultation is free. Beyond that, our fees are calculated on several factors and are different for all clients. Financial Planning is done either on an hourly or project basis. Investment management is generally done on a Asset Under Management basis. We do have the ability to also work on a commission basis in the few circumstances where it might be most appropriate. |
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How many 401K rollover clients do you currently manage? |
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We currently have approximately 80 IRA Rollover accounts. Many of these are consolidation accounts. I would estimate that we have executed approximately 250 rollovers in the past 7 years. |
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Why should I roll over my 401K plan to your firm? |
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Most qualified advisors could write a novella illustrating their experience and providing anecdotal evidence. We would simply state that we are experienced, qualified and most improtantly - honest. |
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Do you provide a free initial consultation? |
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YES! We feel that both client and planner should feel comfortable with each other and the first consultation will provide the opportunity to determine if an ongoing relationship is feasible. |
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