Stephen Colavito is CIO of San Blas Advisory and Zermatt Private Wealth. Both firms focus on UHNW Individuals and Multi-family Office clients. Stephen is the Chief Investment Officer (CIO) responsible for developing global investment insights and working within the firm(s) to create actionable advice. He also represents San Blas' market views across all channels as a speaker and through the company's research. His career in wealth management and investing spans 30 years of broad-based experience. He worked in investment banking and headed corporate cash at Bear Stearns, Co., Deutsche Bank, and Barclays. After his time at the wirehouses, Colavito was a short-duration portfolio manager before joining San Blas Securities. He holds FINRA Series 7, 63, and 65 licenses and is an investment advisor representative. He writes industry articles, speaks at industry and business meetings, and provides commentary on business. Investment shows such as Bloomberg News, Fox Business, and AriseXchange. Colavito is a member of the American Economic Association (AEA) and one of a handful of advisors selected by the Financial Times as part of their Leadership Council. He graduated from Florida International University (FIU) with a Bachelor of Science degree in Finance. Colavito played collegiate tennis at FIU. He is an active church member, husband, and father of three daughters.
San Blas Securities comprises the broker-dealer and three RIA advisory practices. Headquartered in Atlanta and Chicago, its platform includes Capital Markets and an Independent Advisor Network. We comprise a core team of individuals with a proven track record in both fields.
SB Advisory and Zermatt Private Wealth are preeminent wealth management firms. We strive to provide exceptional service and personalized solutions to Ultra High Net Worth clients and Multi-Family Offices. Our depth of public and private markets, combined with our deep expertise in investment banking and institutional trading, creates the ability to provide our clients with opportunities that may not be available to most individual investors.
General Information |
| Firm Start Year: | 2020 | |
| No. of Employees: | 100-499 | |
| Name of Broker/Dealer: | San Blas Securities |
| Name of Custodial Firm: | Charles Schwab and RBC |
| States Licensed in: | All 50 States |
| Number of Years with Current Firm: | 2 |
| Work Experience: |
See my LinkedIn for my work experience. https://www.linkedin.com/in/stephencolavito/ |
| Work with the following types of clients: | Non-Profit Organizations, Individual Investors, Businesses, Investment Clubs |
| Advisory Services Provided: | Portfolio Management, Financial Planning, Investment Advice & Management, Financial Advice & Consulting, Retirement Planning, 401K Rollovers, Wealth Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Money Management |
Services |
| Investment Types: | Mutual Funds, Options & Futures, Bonds, Stocks, Commodities, Exchange Traded Funds (ETFs), Alternative Investments, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Email, Your Office, Phone, Video Conference, Our Offices, Your Home, Our Office |
Firm Information |
| Firm's Number of Clients: | 2500+ |
| Assets Managed by Firm: | 1.5 Billion AUM |
| Advisor's Number of Clients: | 15 |
| Advisor's Number of Managed Clients: | 15 |
| Advisor's Number of Planning Clients: | 15 |
| Assets Managed by Advisor: | +$100,000,000 |
Compensation and Fees |
| Fee Structure: | Fee-Based |
| Minimum Portfolio Size for New Managed Accounts: | $1,000,000 and above |
| Compensation Methods: | Based on Assets, Flat Fee |
| Fee % Based on Assets: | 1.00 |
| Additional Details on Charges: |
We are fee-only advisors at Zermatt Private Wealth and San Blas Advisory, meaning only clients (you) pay us. We do not sell products or earn commissions from selling investment products. Understanding that most people don't know what they are paying, we help prospective clients understand their current fees before proceeding with our firm. We believe in transparency of costs, so you see the value we bring to the relationship. Our quarterly fee is based on the investments we manage. |
Board Positions |
| Organization : | Enverra Partners, Washington, DC |
| Position : | Political Consultant |
| Duration : | 02/10/2011-Present |
| Organization : | American Economic Association, New York, NY |
| Position : | Current Member |
| Duration : | 1/01/2018-Present |
Education |
| Bachelors of Science - Finance | Florida International University - Miami, Florida 06/1985-12/1989 |
Financial Services |
| Financial Planning for Businesses
We work with CPAs to provide both tax and asset planning for businesses. |
| Portfolio Management
Our portfolios are entirely bespoke to the client's needs. We have a quantitative system that reviews the client's risk on a needs-based system, and we build the portfolios around those needs. |
| Retirement Planning
We do this along with income forecasting to help clients get the right income during the retirement years. |
| 401K Rollovers
Our platform includes IRAs, 401K Rollovers, Roths, and Backdoor Roth. |
| Insurance Planning
We don't do insurance; we suggest finding an insurance agent. |
| Annuities
We don't use annuities, we suggest finding an insurance agent. |
| Estate Planning & Trusts
We work with the estate planning attorneys to work with clients (we like in-state attorneys) |
| Tax Advice and Services
We suggest clients outsource this to local and trusted CPAs. |
| Education Funding and Planning
We can help clients open 529 plans and state-run programs. |
| Wealth Management
We are strictly on the investment side of wealth. We consult in both public and private markets. We can help clients with banking relationships, but we believe it's essential to outsource those services. |
| Risk Management
We use one of the best technologies to ensure we match clients' risks to their portfolios. This is done via algorithms and modeling. |
| Money Management
We help clients with short-duration portfolios and money market funds. We refer to partners (larger banking institutions) for cash and checking accounts because we think it's important to keep those separate. |
FAQs |
Do you have a customer satisfaction or refund policy?I have had clients for 25 years, so I would like to think they are satisfied with my team's service. Because I serve as CIO of my firm, I do not have 100+ accounts; we are very intimate with our family relationships and are always attentive to their needs. If we continue to keep our minimums high and the number of accounts low, we will provide exceptional service. |
Why should I choose you as my financial advisor?Few advisors have the resources or technology I am fortunate to have. This is because of my role as CIO, and my firm has spent considerable money providing me with the resources needed to do my job. I am also one of the few who writes (The Vito Report on Substack) weekly about markets and the economy. This is part of my role as CIO and spokesperson for the firm. Clients know exactly where I stand regarding markets and the economy. |
What are your qualifications? What is your education background?I have spent 30 years on Wall Street, working in institutional trading, investment banking, portfolio management, and now as the CIO of a growing securities firm. This experience and these resources, which few financial advisors have, help me provide the type of management and services that meet clients' needs. |
How do you charge for your services?Fee-based only. |
How are you compensated? How will I pay for your services?Fee only. This puts me on the same side of the table as my client, and my decisions are based on my fiduciary responsibility. |
Disclosures |
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WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. |
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Additional Detailed Disclosures https://www.wiseradvisor.com/disclosure/1891916/wiseradvisor-sb-advisory-detailed-disclosure.html |
Disclaimer |
| https://www.sanblassecurities.com/disclosures |
Registered Investment Advisor:
Yes
Registered Representative:
Yes
Investment Advisor Representative:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
| Mon. | 8:00 AM - 5:00 PM |
| Tue. | 8:00 AM - 5:00 PM |
| Wed. | 8:00 AM - 5:00 PM |
| Thu. | 8:00 AM - 5:00 PM |
| Fri. | 8:00 AM - 5:00 PM |
| I have clients all over the country. However, my wife and I are involved in our Church and charitable groups in the Orlando area. |
WSJ - Investors Still Seek Best Metric To Compare
When: 12/21/2023
Details:WSJ which interviewed the CIO of San Blas Securities ...more
Tech Fills The Info Vacuum for Investment Advisors
When: 04/22/2021
Details:Toggle magazine inteview of Stephen Colavito ...more
WSJ - The Mistakes You Make in a Meeting's First
When: 01/30/2018
Details:Stephen Colavito is interviewed along with others on snap judgements people make as they meet you. ...more
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