With a well-rounded perspective and a commitment to excellence, Nicholas Greggory (Greg) Caramanica is dedicated to providing strategic financial planning solutions that drive personal and business success.
Mr. Caramanica is a seasoned finance professional with over 29 years of diverse experience (19 in financial services), beginning in information systems and progressing into financial management. He has a proven track record of delivering valuable insights and driving business success across various industries. He also has a strong background in data analytics, demonstrated by conducting market feasibility studies and evaluating the distributions of loan and grant awards using statistical methods and geospatial mapping.
His portfolio management, finance, and due diligence experience are underscored by his management of a loan and grant portfolio valued at $26 billion.
With a passion for personal finance and investing, Mr. Caramanica founded Arlington Wealth Planning in 2012 and serves as its Chief Executive Officer. His entrepreneurial mindset fuels his innovative approach, consistently challenging conventional perspectives to uncover new opportunities.
In addition to his financial acumen, he is a skilled communicator, adept at presenting complex data to diverse audiences. Whether engaging with C-suite executives, individuals, or families, he effectively distills information to facilitate informed decision-making.
Beyond his professional achievements, Mr. Caramanica has been actively involved in organizations such as the Project Management Institute, Washington D.C. Chapter, where he served as Director at Large and Vice President of Finance on the Board of Directors. He has also been recognized with awards such as the Booz Allen Performance Excellence Award and holds the prestigious CERTIFIED FINANCIAL PLANNER™ certification through the CFP Board. He holds a Financial Planning Graduate Certificate from Georgetown University, an MBA from Virginia Tech, and a Bachelor's degree in Decision Sciences & Management of Information Systems from George Mason University.
Mr. Caramanica lives in Arlington, Virginia, with his wife and two daughters.
Arlington Wealth Planning (AWP) is a Fee-Only Registered Investment Advisor (RIA) based in Arlington, Virginia. We bring peace of mind to individuals, families, and businesses by helping them to develop a financial plan to achieve their greatest aspirations.
Our focus is on the customer experience. AWP do not use pressure sales tactics and we do not push products. We do emphasize planning and explain concepts thoroughly at a pace that works for the customer, so that they build their financial expertise. Financial literacy is important. A well-educated client is one who understands financial concepts, so that we can have more meaningful conversations. If you are not there, we will get you there.
We perform holistic financial planning (as defined by the CFP Board and the Financial Planning Association, FPA) to ensure that all aspects of the client's financial picture are considered.
We have your best interests in mind as a "fee-only" RIA, which means that we are not incentivized to sell particular investments. We charge fees based on the services provided so that we limit conflicts of interest (we also offer tax preparation for a fee).
Owner and Chief Executive Officer, Greg Caramanica, is a CERTIFIED FINANCIAL PLANNER™ who brings the fundamentals of holistic financial planning to AWP. After over 27 years in the consulting industry, he built the company on a foundation of consulting principles where thorough analysis and communication provide a top-notch customer experience.
Mr. Caramanica holds a Master's Certificate in Financial Planning, a Masters of Business Administration, and a Bachelor of Science in Decision Sciences and Management Information Systems.
General Information |
| Firm Start Year: | 2012 | |
| No. of Employees: | 1 | |
| Name of Custodial Firm: | Altruist Financial, LLC |
| States Licensed in: | VA, MD, DC, NC |
| Number of Years with Current Firm: | 12 |
| Work Experience: | Mr. Caramanica has been Chief Executive Officer (CEO) of Arlington Wealth Planning, LLC, since 2012. In 2017, he reregistered his firm as a Registered Investment Advisor (RIA) and became "Fee Only" in 2019. Since then, he has built a client base of over 70 clients and an investment portfolio of over $6.5m, while also creating dozens financial plans in the last few years alone. Mr. Caramanica has also had a distinguished career (since 1994) providing consulting services related to economic and business analysis, capital planning, business case evaluation, loan & grant portfolio management, and private equity research for companies. |
| Work with the following types of clients: | Businesses, Individual Investors, Non-Profit Organizations |
| Advisory Services Provided: | Financial Advice & Consulting, Investment Advice & Management, 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: | Bonds, Mutual Funds, Stocks, Exchange Traded Funds (ETFs) |
| Can meet clients in the following ways: | Video Conference, Phone |
Firm Information |
| Firm's Number of Clients: | 74 |
| Firm's Number of Planning Clients: | 41 |
| Firm's Number of Managed Clients: | 24 |
| Assets Managed by Firm: | $6.7m |
| Advisor's Number of Clients: | 75 |
| Advisor's Number of Managed Clients: | 24 |
| Advisor's Number of Planning Clients: | 42 |
| Assets Managed by Advisor: | $6.7m |
Compensation and Fees |
| Fee Structure: | Fee-Only |
| Minimum Portfolio Size for New Managed Accounts: | $100,000 |
| Compensation Methods: | Based on Assets, Hourly |
| Fee % Based on Assets: | 0.25%-1.0% |
| Hourly Rate: | $281 |
| Additional Details on Charges: |
Assets Under Management (AUM) Fee Schedule:
AUM fees are quoted per annum and billed quaterly, in arrears based on the value of the portfolio on the last day of the quarter |
| Minimum Fee Charged for Managed Accounts: | $0 |
| Minimum Fee Charged for Hourly Planning Accounts: | $281/hr |
Board Positions |
| Organization : | The Project Management Institute, Washington DC Chapter (PMIWDC), Alexandria, VA |
| Position : | Volunteer |
| Duration : | 1/1/2007-12/31/2008 |
| Organization : | The Project Management Institute, Washington DC Chapter (PMIWDC), Alexandria, VA |
| Position : | Assistant Vice President, Strategic Alliances |
| Duration : | 1/1/2009-12/31/2010 |
| Organization : | The Project Management Institute, Washington DC Chapter (PMIWDC), Alexandria, VA |
| Position : | Vice President, Outreach |
| Duration : | 1/1/2011-12/31/2012 |
| Organization : | The Project Management Institute, Washington DC Chapter (PMIWDC), Alexandria, VA |
| Position : | Assistant Vice President, Finance |
| Duration : | 1/1/2013-12/31/2014 |
| Organization : | The Project Management Institute, Washington DC Chapter (PMIWDC), Alexandria, VA |
| Position : | Vice President, Finance |
| Duration : | 1/1/2015-12/31/2016 |
| Organization : | The Project Management Institute, Washington DC Chapter (PMIWDC), Alexandria, VA |
| Position : | Director at Large |
| Duration : | 1/1/2017-12/31/2017 |
Education |
| B.S. - Decision Sciences and Management Information Systems (DMIS) | George Mason University
- Fairfax, VA 8/1/1995-6/1/1999 |
| M.B.A - Business Administration | Virginia Tech
- Falls Church, VA 8/1/2002-12/10/2005 |
| Master's Certificate - Financial Planning | Georgetown University
- Arlington, VA 01/27/2012-09/22/2012 |
Financial Services |
| Portfolio Management
We follow these steps to build and manage your portfolio:
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| Financial Advice & Consulting
We are a comprehensive financial planning practice that provides holistic analysis. We have developed a robust process that ensures we address all aspects of your financial picture to develop a plan that works. This includes the assessment of assets, liabilities, and net worth against industry benchmarks to determine your current financial health. It also includes the assessment of your income, goals, cash flow, debt, and taxes. Additionally, we identify any estate and investment related risks and develop risk mitigation strategies with you. The overall process takes a few months of weekly meetings over video conference and we produce over 20 different artifacts as we work through your finances together. In the end, we deliver a financial plan that reflects the timeline of milestones, planned income and expenditures; and a list of recommendations resulting from our assessment. |
| Tax Advice and Services
We prepare and electronically file IRS and State tax returns. This includes the collection of information from the client using a secure web portal and discussion of tax-related information. We also assist clients in forecasting taxes and ensuring that tax withholdings are enough to minimize any additional amounts due at tax time. This involves the assessment of prior tax years and current year paystubs, along with changing income levels, to determine the forecasted taxes and withholdings. We also help clients determine their overall tax strategy based on expected future income during retirement and associated income taxation and excess Medicare premiums, so that we can determine whether tax deferral is in the best interest of the client and whether there are opportunities for Roth conversions. The financial planning process includes an in-depth look at the client's forecasted taxation over their lifetime. |
| Financial Planning for Businesses
Arlington Wealth Planning (AWP) is partnered with an award-winning Third Party Administrator and Recordkeeper to provide business retirement plans, such as 401ks. AWP provides the advisory services as a 3(38) fiduciary by developing the client's investment policy; and selecting and monitoring the fund lineup according to a criteria-based framework that seeks to identify high quality funds by evaluating numerous aspects of their management and performance. AWP also manages participant enrollment and participant education regarding the 401k and its fund lineup. We are the front line, providing real time customer service to business owners, sponsors, and participants. Our aim is to create a high quality retirement plan that also provides participants with access to personal financial planning. |
| Insurance Planning
As part of our financial planning process, we help clients understand insurance from the perspective of risk management. We are able to discuss the insurance needed to mitigate certain financial risks without bias because we do not sell insurance are not compensated by insurance companies. We are only compensated by our clients, which means we aren't incentivized to recommend more insurance than is needed and we can be upfront and honest about insurance products and their role your overall plan. Through the use of our financial planning software, we provide clients with an assessment of the amount and type of insurance needed based on their financial projections and funding needs. |
FAQs |
Why should I choose you as my financial advisor?Mr. Caramanica is a CERTIFIED FINANCIAL PLANNER who has demonstrated his financial expertise over his 29 year career. He is thoughtful and a patient communicator who likes to work together with clients to perform planning and manage investment assets. He believes that the foundations of financial planning are very useful concepts that he can bring to all his clients. He is passionate about planning and finding new and better ways to work with individuals, families, and businesses. |
What are your qualifications? What is your education background?I am a CERTIFIED FINANCIAL PLANNER and hold a Master's Certificate in Financial Planning from Georgetown University, an MBA from Virginia Tech, and a B.S. In Decision Sciences and Management Information Systems (DMIS) from George Mason University. Arlington Wealth Planning is a Fee-Only Registered Investment Advisor (RIA) and its advisors are Investment Advisor Representatives (IARs) registered with FINRA and state financial regulators. |
How are you compensated? How will I pay for your services?We are a fee-only firm. We have hourly fees and fixed fees for the various services we offer. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something?No, our investment management services are provided on a discretionary basis. |
Will you be the only person working with me?I will be the person you work with directly. Any additional support provided by others will be in the back-office and not client-facing. |
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 |
Disclaimer |
| The information contained in this profile is being provided for informational purposes and does not constitute investment advice, nor does it constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security. The information contained in this profile is not intended to be used as a source of any specific investment recommendation, and individuals should not make any investment decision based solely on its contents. In addition, this profile does not take into account the particular opportunity costs, investment objectives, tax and financial situation or other needs of any specific individual. Therefore, each individual should consider their own financial goals, objectives and risk tolerance and consult with their financial advisor before making any investment or mortgage decisions. If you would like investment advice for your specific situation, please contact Arlington Wealth Planning, LLC, or your financial advisor, for a full review of your financial situation and investment accounts. |
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
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