Condor Capital Wealth Management was founded in 1988 and is an employee-owned fee-only, fiduciary, and SEC-registered investment advisor. We strive to be as transparent as possible and commit to annual audits for both custody and performance. Our goal is to be more than just your investment manager by providing a full-service wealth management experience. We provide our investment management services on a fee-only basis. Our fees are based on the size of our clients' portfolios rather than commissions or the number of trades, so there is no conflict of interest regarding our investment decisions. Additionally, as part of our integrated approach to investment management, we provide you with unlimited and thorough financial planning advice complementarily. We pride ourselves on providing our clients with wealth management solutions combining investment management, financial planning, and relationship management services, including consulting with your accountants and attorneys, allowing you to streamline your complex financial affairs all under the umbrella of a single, highly competitive assets-under-management (AUM) fee.
Tanya Walliser
CFP®
Tanya Walliser has been a member of the Condor Capital team since June 2008 after graduating from The University of Maryland in College Park, MD, with a Bachelor of Arts degree in Economics and a minor in Spanish Language. While Tanya has held several positions at Condor over the years, she currently spends her time working with clients to achieve their goals and objectives in all areas of their financial life. She is particularly versed in estate planning for high net worth families and has worked with clients, attorneys, and accountants to settle many complex estates. Tanya is Series 65 certified and earned her CERTIFIED FINANCIAL PLANNER™ designation in January 2014.
Tanya is a member of the Financial Planning Association (FPA), which allows her access to resources that provide professional development opportunities and the ability continue growing her skillset to benefit Condor's clients. Additionally, Tanya is also a NAPFA-Registered Financial Advisor®, which is the leading title to identify professional, ethical, fee-only financial advisors.
When she is not in the office, Tanya enjoys spending time with her husband, Michael (Condor's own President) and her daughters, Avery and Dylan. Running around behind her small children keeps her pretty busy, but Tanya enjoys the daily adventures with her family.
Jeanette Lucas
CFP®, ChSNC™, CDFA®
Jeanette started working at Condor as an intern back in 2005 while attending Rutgers Business School in New Brunswick, where she attained a Bachelor of Science degree in Finance with a minor in Psychology from Rutgers College. She decided to stay with Condor full time after graduation.
Jeanette went on to receive her Series 65 certification shortly after graduating. She then began attending client meetings and realized that she really wanted to help clients with more than just their investments, so she attained her CERTIFIED FINANCIAL PLANNER™ designation in 2015.
After noticing unique financial difficulties in families that have a family member with special needs, she wanted to learn more about how to help with their financial planning needs and earned her Chartered Special Needs Consultant™ designation in 2017. Additionally, in 2020, Jeanette went on to become a Certified Divorce Financial Analyst®. Having gone through a divorce herself, she knows the emotional and financial toll it can have on someone's life and wanted to be a better resource to help those going through it stay on their feet. She is also a member of the Financial Planning Association (FPA) in order to network with those in the industry and keep up to date on any new technologies and best practices.
Caelan McCarthy
CFP®
Caelan joined the team at Condor in November of 2020 after being drawn to the company's culture and commitments to a fee-only, fiduciary business model. As a Senior Financial Planner, he plans to work closely with the firm's clientele to help them achieve their financial goals throughout all areas of their life.
Caelan brings 5 years of experience from Merrill Lynch, where he began his career in the financial services industry, holding several roles within the company. After starting as an intern, Caelan shortly began working nearly full time while finishing his Bachelor of Arts in Economics and Minor in Business at Rutgers University in New Brunswick, where he graduated with departmental honors and as a member of the international economics honors society. Additionally, he attained his Series 7 while in school and his Series 66 upon graduation. After graduation, Caelan began Merrill's rigorous advisor training program, graduating in the top decile, and shortly thereafter earned his CERTIFIED FINANCIAL PLANNER™ designation in January of 2020.
Outside of the office, Caelan enjoys many hobbies, such as golfing at New Jersey's beautiful public courses, experimental cooking at home, or going on long bike rides throughout Morris County where he currently resides. Additionally, after growing up in Ohio, Caelan has been an avid freshwater fisherman and competitive trap shooter, although he is still looking for good places to partake in New Jersey. Recommendations are welcome!
Jacob Boylan
CFP®
Jake became a member of Condor in December of 2016 after spending time in advisor-supportive roles at a financial services firm in his home state of Pennsylvania. Prior to Condor, Jake earned a Bachelor of Science degree in Finance from Susquehanna University, where he thoroughly enjoyed competing on the swimming team (no breaststroke!), as well as the culturally enriching experiences during his study abroad program in London, England.
As a Senior Financial Analyst at Condor, Jake is involved in helping clients navigate various financial planning matters and performing research on the current and prospective holdings for Condor's investment strategies. Jake is particularly interested in searching for attractive companies to invest in within the information technology and communication services sectors so that Condor's clients can participate in the growth opportunities garnered from the success of new and innovative technologies. In addition, Jake holds a Series 65 certification, which gives him the ability to provide investment advice to clients, along with trading and rebalancing client accounts to ensure they are well-positioned for the long term.
While away from Condor, Jake and his wife take pleasure in exploring the lively Red Bank area, as well as keeping up with the continued success of their favorite sports team, the Philadelphia 76ers. Additionally, as self-described beer aficionados, they can often be found traveling around to the multitude of excellent craft brewers that have been popping up in the Tri-State area.
Thomas Leahy
CFA®
Tom Leahy is a Senior Financial Analyst at Condor Capital. Before joining Condor, Tom graduated Magna Cum Laude from Rutgers University, with a Bachelor of Arts degree in Economics and a minor in Philosophy. Additionally, Tom worked for BlackRock, where he consulted large New York-based Registered Investment Advisors on ETF selection, portfolio construction, and manager due diligence. Tom is also a CFA charterholder.
In his current role, Tom meets with clients, provides research to the investment committee, and contributes to the financial planning process. He is passionate about his career. The ability to help clients secure their retirement through earnest listening, timely advice, and investment recommendations motivates him every day. Finally, Tom is also the co-author and an investment analyst of the Robo Report®, the industry's gold standard for real data and analysis of robo advisor performance.
Outside of the office, Tom is an avid learner. Whether economics, philosophy, or NBA fantasy basketball, Tom loves to engage his mind. If you want to make him happy, just ask him what he thinks about something. Tom also loves the Beatles and Grunge-era rock music.
Michael Walliser
CIMA®
Michael Walliser is the President of Condor Capital Wealth Management. Michael has been with Condor Capital since July 2003 and is also the firm's Chief Compliance Officer. Michael joined the team shortly after graduating Magna Cum Laude from Rutgers University in New Brunswick, with a Bachelor of Arts degree in Economics and a minor in Political Science. Since the start of his tenure, Michael has held many different positions at Condor, working his way up to his current position.
Michael regularly meets with clients and manages portfolios for high net worth individuals, trusts, pension plans, and corporations. As Chairman of the Investment Committee, he spends time researching individual stocks, bonds, ETFs, and mutual funds. He also provides advice to several Fortune 1000 firms on deferred compensation and 401(k) plans. Michael is Series 65 certified and has attained the Certified Investment Management Analyst® certification.
Outside of the office, Michael is an avid football fan and truly believes there are two seasons: football season and getting ready for football season. After meeting his wife Tanya at Condor, they now have two daughters, Avery and Dylan. Michael is still working on converting all of them into football fans and has made some strides in this area.
Ken Schapiro
MBA, CFA®
Ken Schapiro founded Condor Capital in 1988 and serves as its Chief Executive Officer. At the time of its founding, Ken wanted to fill a hole in the financial services industry—that of a fee-only advisor. Because of Ken's desire to provide clients with low fees, ready access to performance data, and a trustworthy source of financial advice, Condor Capital has been a fiduciary since its inception. Ken takes pride in Condor's commitment to its clients and their best interests.
As a Chartered Financial Analyst charter holder, Ken manages portfolios for high-net-worth individuals, trusts, pension plans, and corporations. Ken and Condor Capital have been named to Barron's Top 1200 Financial Advisors each year since 2017. Ken is a past President of the Counsel of Independent Financial Advisors (CIFA), a nationally recognized association of independent investment advisors. Ken was also previously named one of the 40 under 40 by NJbiz magazine. He is a current member of TIGER 21, a peer-to-peer networking group of wealth creators.
Outside of the office, Ken spends his time playing tennis and skiing. He particularly enjoys heli-skiing, where skiers are brought to remote locations to ski on unmarked trails. He's been married to his wife, Lisa, for 30 years, and has two adult children, Samantha and Zachary. While he is the boss at work, the boss at home is the family dog, Chaos.
General Information |
| Firm Start Year: | 1988 | |
| No. of Employees: | 20-49 | |
| Name of Broker/Dealer: | N/A |
| Name of Custodial Firm: | Charles Schwab, TDAmeritrade, Fidelity |
| Work with the following types of clients: | Individual Investors, Businesses, Non-Profit Organizations, Investment Clubs |
| Foreign Languages Serviced: | English, Portuguese |
| Advisory Services Provided: | Investment Advice & Management, Financial Advice & Consulting, Estate Planning & Trusts, Financial Planning, Portfolio Management, Retirement Planning, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, 401K Rollovers |
Services |
| Investment Types: | Commodities, Insurance, Annuities, Stocks, Bonds, Mutual Funds, Mortgages & Real Estate, Alternative Investments, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Phone, Email, Our Office, Video Conference, Our Offices |
Firm Information |
| Firm's Number of Clients: | 780 |
| Firm's Number of Managed Clients: | 780 |
| Assets Managed by Firm: | 1,500,000,000 |
Compensation and Fees |
| Fee Structure: | Fee-Only |
| Minimum Portfolio Size for New Managed Accounts: | $500,000 |
| Compensation Methods: | Based on Assets |
| Fee % Based on Assets: | Tiered |
| Additional Details on Charges: |
$0 - $3,000,000* = 0.75% $3,000,000 - $5,000,000 = 0.70% $5,000,000 - $7,500,000 = 0.65% $7,500,000 - $10,000,000 = 0.55% $10,000,000 - $25,000,000 = 0.45% Over $25,000,000 = 0.30% *If total portfolio is less than $1,000,000 the fee is 0.85%. After exceeding $1,000,000 the above applies. |
Financial Services |
| Retirement Planning
Retirement is a highly personalized experience based on the individual. We can help you design your retirement plan based on your priorities and create financial projections to gauge the level of income that your portfolio can provide throughout your retirement. |
| Portfolio Management
As an independent advisor with a fiduciary duty, we do not accept any kickbacks or commissions for using the investments that we do. That means our team is not limited to proprietary products and seeks only the best investment choices to construct your portfolio. We monitor and evaluate your portfolio constantly, making sure that it is properly rebalanced and excess cash, such as dividends and deposits, is invested promptly. We are always trying to manage portfolios in a tax-efficient manner as well. This includes minimizing portfolio turnover and incorporating tax-loss harvesting when applicable. |
| Estate Planning & Trusts
Wills, living wills, trusts, powers of attorney, and healthcare arrangements are a few of the essential elements of estate planning. Condor Capitals planning professionals will work with you and your attorney to devise the blueprint providing your loved ones with a way to inherit your assets in an orderly and tax-efficient manner. |
| Tax Advice and Services
Condor Capital would be more than happy to coordinate with your accountant on any tax-related planning. Examples of this planning can include estimated tax payment calculations, whether a Roth Conversion is appropriate for you, whether or not you should delay your first required minimum distribution, etc. We also actively look for tax-loss harvesting opportunities within your portfolio, and we make sure to allocate appropriate securities in your accounts based on your tax situation. |
| Education Funding and Planning
Coverdell ESAs, 529 Plans, and UTMA accounts are a few examples of the options available for funding the higher education of children and/or grandchildren. College tuition rates and other college expenses rise annually. Our advisors at Condor Capital can assist you in planning for the cost of your children's or grandchildren's higher education by working with you and employing various budgeting options to construct a feasible savings strategy. |
| Wealth Management
As part of our investment process at Condor, we take the time to determine your overall investor profile. This includes identifying short-term and long-term goals, risk tolerance, liquidity needs, tax issues, and other special concerns. We then design an appropriate investment strategy for you to provide diversified exposure to the global equity and fixed income markets. To ensure a cohesive investment strategy is in place, we can advise on every investment account in your portfolio. This includes brokerage, IRA, trust, 401(k), annuity, stock option, and other investment accounts. We draw on the expertise of our own investment research team to seek out prevailing market trends and identify investments for your portfolio. Most accounts are managed on a discretionary basis, which allows our portfolio managers to efficiently execute trades on your behalf. Accounts are typically maintained at a discount brokerage firm to keep trading costs low. |
| Risk Management
Condor Capital will ensure that your portfolio is managed in accordance with your risk tolerance by maintaining your portfolio within an agreed upon allocation range. Additionally, we invest in a diversified manner to keep you from being overly exposed to one stock or area of the market. |
| Insurance Planning
As a general rule, a sound financial plan hopes for the best but remains prepared for the worst. While we do not directly offer insurance products, we can review your current insurance situation to determine whether it is adequate for your current and future insurance needs. |
| 401K Rollovers
We can do a full comparative analysis on whether and when a 401(k) rollover would be in your best interest. This includes reviewing your personal situation, fee differences, investment options, etc. If it is deemed that a rollover is in your best interest, our white glove service team will assist you in any. |
| Financial Planning for Businesses
We know that business owners have their work cut out for them. You may not have time to sort out the intricacies of your retirement plan when you can be focused on running your business. Even so, it's crucial that you plan properly for your future. At Condor Capital, we aim to help you make the most of your options and guide you through each step of the process. We are able to assist you with 401(k) management as well as deferred compensation plans based on your company's needs. |
| Financial Advice & Consulting
Our CFP® practitioners are experts in education planning, retirement planning, estate and gifting strategies, and insurance. Our goal is to deliver best-in-class holistic financial advice to our clients. To do so, we offer unlimited complimentary financial planning in addition to our investment management services. Additionally, we help our clients through the analytical and emotional decision-making process of significant life events, such as retirement or the death of a family member. |
| Investment Advice & Management
Condor Capital will reevaluate your situation and goals to establish a detailed recommendation. We will provide a detailed recommendation on how your portfolio should be positioned and how you are positioned to meet your financial goals. |
| Annuities
We do not sell annuities and normally do not recommend them because of their inflexibility and generally high cost. However, we can help you assess your situation to see if there is a need for annuities in your portfolio and financial strategy while assisting you in evaluating your policy options to formulate the optimal implementation. |
| Financial Planning for Individuals
Condor's team of financial planning professionals offers personalized and unbiased advice on a variety of topics. This can be a vital aspect of the client relationship since our investment management services are often closely integrated with our financial planning efforts. We believe that maintaining an ongoing awareness of your financial situation is important to make sure you stay on track toward meeting your financial goals. In fact, we look to build long-term relationships with our clients so that we can provide continuity of advice over time and help you evaluate whether any adjustments to strategy are needed. |
| Money Management
Condor can assist you in transferring funds and securities between accounts, setting up automatic withdrawals, sending out wires, negotiating a more favorable margin rate if you need temporary funds from your account, helping with 60-day rollovers from your IRAs, assist you with donating funds or securities to charities, etc. |
Disclosures |
| ADV Part 2: https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=767862 CRS: https://www.condorcapital.com/wp-content/uploads/2022/04/Condor-Capital-CRS-final-3.29.22-4883-6217-9354.pdf |
|
Additional Detailed Disclosures |
Disclaimer |
| Condor Capital Wealth Management ("Company") is an SEC registered investment adviser located in Martinsville, New Jersey. Company and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states in which Company maintains clients. Company's web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. The material presented in this advertisement is for informational purposes only and should not be construed as investment advice. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular security, strategy or investment product. Investing in securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes, and may not reflect actual future performance. For more details, see our disclosures in Form ADV Part 2 and Form CRS. |
Registered Investment Advisor:
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. | 8:30 AM - 5:30 PM |
| Tue. | 8:30 AM - 5:30 PM |
| Wed. | 8:30 AM - 5:30 PM |
| Thu. | 8:30 AM - 5:30 PM |
| Fri. | 8:30 AM - 4:00 PM |
NJBiz Best Places to Work in NJ 2022
(06/29/2022)
For 2022, Condor Capital Wealth Management ranked among the best small companies to work for in the state of New Jersey, making it ten years on this prestigious list. NJBIZ is New Jersey's only weekly business journal covering the entire state with the goal of providing useful and important information for the benefit of New Jersey's customers, employees, and communities as a whole.
Every year, NJBIZ selects 100 companies to receive the coveted designation of "Best Place to Work in NJ". Winners are selected based on employee information, surveys, and company-specific data such as policies, practices, and demographics. The recipients are then divided between large, medium, and small-sized companies to complete the process and earn a spot on the list of Best Places to Work in NJ.
Barron's Top 1,200 Financial Advisors 2022
(03/23/2022)
Ken Schapiro, president of Condor Capital Wealth Management, was listed in Barron's ranking for the Top 1,200 Financial Advisors in 2022. This makes the sixth consecutive year he has placed in this ranking, and he is now #24 in the state of New Jersey, rising seven places since 2020. Barron's Top 1,200 Financial Advisors ranking draws from all 50 states, plus the District of Columbia, and it's the largest, most comprehensive of the annual advisor listings that Barron''s Magazine runs. It includes a cross-section of private wealth advisors from independents who own and operate their own practices to advisors from large Wall Street firms.
This special report lists the top advisors in each state with the number of ranking spots determined by each state's population and wealth. The rankings are based on assets under management, revenues generated by advisors for their firms, and the quality of the advisor's practices. Investment performance is not an explicit criterion because performance is often a function of each client's appetite for risk. In evaluating advisors, Barron's examines regulatory records, internal company documents, and 100-plus points of data provided by the advisors themselves.
2022 RIA Ranking by Financial Advisor Magazine
(07/15/2022)
Condor Capital was recognized in the 2022 RIA Ranking by Financial Advisor Magazine and listed as #253 for the "$1 billion and over" asset category, a rise of 15 places compared to the previous year's ranking.
Reaching 80,000 qualified readers each month, Financial Advisor magazine delivers essential market information and strategies that advisors need to succeed in the complex area of wealth management. Every year, the publication conducts a survey to determine the best registered investment advisors (RIAs) in the country based on information submitted by individual firms. Companies are ranked based on the total of their discretionary and nondiscretionary assets, percentage growth in total assets, and percentage growth in assets per client.
Forbes Best-In-State Wealth Advisors 2022
(04/07/2022)
Condor Capital Wealth Management's President, Ken Schapiro, was recognized as a Forbes Best-In-State Wealth Advisor for 2022. He is currently ranked #11 in the North NJ (High Net Worth) category.
Advisors for this list are selected after extensive research and interviewing as part of SHOOK Research's careful methodology. They are evaluated through both quantitative and qualitative metrics, including but not limited to: weightings from revenue, client retention rates, assets under management, compliance records, industry experience, and whether they exhibit "best practices" when working with clients.
 |
 |
 |
 |