Tel: 518-464-9974 Pioneer Wealth Management @ Pioneer Bank Headquarters 652 Albany Shaker Rd. Albany, NY 12211
About Brown Financial Management Group LLC
Tom has over 35 years of financial and business experience including the successful operation of his own financial planning and investment firm before joining Pioneer Wealth Management as a Vice President and Sr. Wealth Advisor.
To meet the needs and goals of his advisory clients, he believes in comprehensively reviewing a client's situation as presented. His years of experience enable him to provide the common sense analysis, design, presentation and implementation of financial plans. His client retention rate is one of the highest in the industry.
He is a CFP(R) and Certied Financial Planner (TM) practitioner. Tom received his B.S. Degree from Cornell University in Ag. Economics majoring in Business Management and Finance. He has been in the financial field since graduation. He has instructed classes and seminars in the adult ed. division of a local college, to teachers of a local school district and within NY State to CSEA, PEF and MC union members. The instruction included the planning areas of: Investment, Retirement, Investment Taxation and College Funding.
He is a member of the Financial Planning Institue and the FPA of NENY where he served on the Board of Directors.
CT, FL, GA, IL, MA, MD, ME, MO, NC, NJ, NY, PA, SC, TX, VA, WI
Communities served:
The NY State Cap. District, Orange County, The Berkshires, The Adirondacks and other areas to start with a phone conversation.
Work Experience:
See above please.
Comprehensive analysis, design, implentation of investments with ongoing monitoring and follow-up meetings with client's.
Fee-based with third party ratings and reviews of all investments utilized. I do not like comission business but will review it for you if you already have it.
Work with the following types of clients:
Businesses, Individual Investors, Trusts and Estates
Your Office, Video Conference, Our Offices, Your Home, Email, Phone, Our Office
Compensation and Fees
Fee Structure:
Fee-Based
Minimum Portfolio Size for New Managed Accounts:
$250,000
Compensation Methods:
Hourly, Based on Assets
Fee % Based on Assets:
Majority
Hourly Rate:
$275
Flat Fee Rate:
varies
Additional Details on Charges:
Free initial consultation in person or by phone.
Minimum Fee Charged for Managed Accounts:
N/A
Minimum Fee Charged for Hourly Planning Accounts:
N/A
Minimum Fee Charged for Flat Fee Accounts:
$0
Firm Information
Firm's Number of Clients:
130
Firm's Number of Planning Clients:
105
Firm's Number of Managed Clients:
105
Assets Managed by Firm:
40,831,751
Advisor's Number of Clients:
115
Advisor's Number of Managed Clients:
77
Advisor's Number of Planning Clients:
81
Total Assets Under Management by Advisor:
$50,000,000+
Preferred meeting methods
I provide a free initial consultation:
Yes
Education
B.S. - Business Management & Finance:
Cornell University - Ithaca, NY
1977 - 1981
B.S. - Business Management & Finance:
Cornell University - Ithaca, NY
1979 - 1981
Financial Planning for Businesses
Mainly involved in setting up 401K's, and other types of retirement plans for businesses. We can refer you to group insurance specialists if needed.
Financial Planning for Individuals
All major financial planning areas are covered/reviewed to provide comprehensive planning for both short and long term goals with continued guidance. Referrals to estate planning attorneys, CPA's, etc. are available.
Financial Advice & Consulting
Very well seasoned advisor with both wisdom and common sense in one package! That is very rare in this day and age.
Portfolio Management
Fully disclosed and unique process to custom tailor investments to the needs of the client. We do not do "cookie cutter" portfolios where everyone gets the same thing. Investment performance disclosure and quarterly portfolio reviews. We are the real deal!
Retirement Planning
Projections completed to include inflation, the return on your nest egg, social security, pension if any. Shows approximately what you can safely spend during retirement, projected out to age 100 or beyond.
401K Rollovers
We do many 401K rollovers and the investment process is the same as you see under the "Portfolio Management"
section above.
Insurance Planning
Mostly Long Term Care insurance counseling. Also can do life and disability coverage if needed. Referrals to well mannered home, auto and business agents are available.
Annuities
If appropriate for the client, we can place and service both fixed and variable annuities for you.
Estate Planning & Trusts
We can assist you with setting up the basics of your Estate but ultimately an Estate Planning Attorney has to draw up all the legal documents such as your Will, Power of Attorney, Health Care Proxy, Living Will or Trust Document if needed. Referrals are available.
Tax Advice and Services
We do not prepare taxes but must have tax knowledge to properly advise you in other financial areas. Referrals to tax professionals are available.
Education Funding & Planning
We do projections of what you may need in the future at college time based on inflation, rates of returns on investments and how much you need to invest each month to meet your goals. Assist with setting up tax advantaged 529 College Savings Plans.
Investment Management & Advice
We actually do what others only say they will do. We have quarterly reviews of your portfolios and prefer to charge a fee based on the amount of assets under our management rather than deal on a commission basis. Any portfolio fine tuning is done quarterly and interim if necessary.
Wealth Management
Part of the entire portfolio management process and includes deferral of taxation if appropriate. Estate planning is also a part of Wealth Management.
Risk Management
Part of the entire investment portfolio management process. From an insurance protection standpoint, we assist/advise in most areas.
Money Management
We do not do budgeting for clients but do assist with analyzing your expenses/cash flow if requested.
Disclosures
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.
*Registered Representative, Securities offered
through Cambridge Investment Research, Inc., a
Broker/Dealer; Member FINRA/SIPC. Investment
Advisor Representative, Thomas J. Brown, Brown
Financial Management Group, LLC a Registered
Investment Advisor. Cambridge Investment
Research, Inc. and Brown Financial Management
Group, LLC are not affiliated.
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