As the Principal Wealth Manager and founder of Foronjy Financial, Bryan created a practice for clients that truly appreciate a personal relationship with a seasoned practitioner who intends to stick with them for the long term. As a seasoned financial professional, Bryan helps clients design a customized vision for retirement by listening, asking insightful questions, and offering sensible advice drawing from over a decade of professional experience. Bryan graduated with a Bachelor of Science degree in Finance with a emphasis in Personal Financial Planning from San Diego State University. Before founding Foronjy Financial in 2015, Bryan worked for a decade as a Senior Account Executive at Fidelity Investments in Santa Barbara, CA. While not in the office, Bryan keeps a healthy work-life balance by exercising regularly, enjoying a game of chess, or spending time outdoors with his wife and three children.
Foronjy Financial was created with the intention of providing clients with sensible investment advice and personalized service. We help our clients chart a course toward retirement using professional experience coupled with sophisticated software. At Foronjy Financial we make financial planning personal again.
Jennifer Foronjy
As the Director of Client Relations at Foronjy Financial, Jennifer focuses her time and energy on creating an authentic, world class experience for all clients. She is in charge of client appreciation functions, special events, and for scheduling periodic client reviews. As a busy mom of three wonderful children, she enjoys her time chatting with clients and helping them with their financial needs.
Casey Marks
As a Wealth Management Advisor at Foronjy Financial, Casey brings his depth of industry knowledge, strong work ethic, and his positive attitude to the team. Before joining Foronjy Financial in early 2018, Casey spent over a decade with Fidelity Investments in the Private Client Group. When not hard at work, he can be found golfing or strolling the Santa Barbara waterfront with his wife Hayley, and his English Bulldog, London.
General Information |
| Firm Start Year: | 2015 | |
| No. of Employees: | 2-4 | |
| Insurance License#: | CA Insurance License # 0F84170 |
| Name of Broker/Dealer: | LPL Financial |
| Name of Custodial Firm: | LPL Financial |
| States Licensed in: | AL, AZ, CA, FL, MA, MI, NV, NY, OH, OR, VA, WA, WI, WY |
| Number of Years with Current Firm: | 6 |
| Work Experience: | Before founding Foronjy Financial in 2015, Bryan worked for a decade as a Senior Account Executive at Fidelity Investments in Santa Barbara, CA. |
| Work with the following types of clients: | Individual Investors, Businesses |
| Advisory Services Provided: | Insurance Products & Annuities, Investment Advice & Management, Financial Advice & Consulting, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Financial Planning, Portfolio Management, Money Management, Wealth Management, Retirement Planning |
Services |
| Investment Types: | Alternative Investments, Exchange Traded Funds (ETFs), Stocks, Bonds, Annuities, Insurance, Mutual Funds, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Your Home, Our Office, Phone, Email, Your Office, Video Conference, Our Offices |
Qualifications & Memberships |
| Insurance and Annuity Licenses: | Variable Life, Long Term Care, Variable Annuity, Life, Annuity |
Firm Information |
| Firm's Number of Clients: | 150 |
| Firm's Number of Planning Clients: | 150 |
| Firm's Number of Managed Clients: | 150 |
| Assets Managed by Firm: | 185000000 |
| Advisor's Number of Clients: | 110 |
| Advisor's Number of Managed Clients: | 110 |
| Advisor's Number of Planning Clients: | 110 |
| Assets Managed by Advisor: | $135000000 |
Compensation and Fees |
| Fee Structure: | Fee-Based |
| Minimum Portfolio Size for New Managed Accounts: | $250000 |
| Fee % Based on Assets: | 1.0 |
| Additional Details on Charges: | Our fees are based on a schedule which is dependent on the amount of funds that we are managing for a client. For example if someone has between $500000 and $1000000 under management, we charge 1% annually. If someone has greater than $1000000 then we discount the fee by 1% of the 1% for every additional $100000 that we manage. |
Education |
| Bachelors of Science Degree | San Diego State University
08/20/2004-05/20/2006 |
Financial Services |
| Portfolio Management
We offer comprehensive portfolio management for our clients. This allows our clients to delegate the entire task of portfolio creation, including risk assessment, stock allocation recommendations, tax loss harvesting, rebalancing, sector emphasis using ETFs as well as individual stock selection. |
| Retirement Planning
We offer comprehensive retirement planning services to our clients, including budget projections, income expectations, feasibility of scenarios such as age at retirement or minimum monthly income target. Additionally, we explore optimizing efficiency such as roth conversions, social security analysis and long term care assessments. |
| 401K Rollovers
We offer education on the following strategies for those changing employers or considering retirement: Leave the money in the former employers plan, if permitted; Rollover the assets to a new employer's plan, if one is available and rollovers are permitted; Rollover to an IRA; or cash out the account value. Our office can assist you in determining the right path for you |
| Wealth Management
We offer wealth management services which includes working closely with other professionals such as tax advisors, estate planning attorneys, health insurance specialists and long term care insurance specialists. We play the central organizer between all the parties to arrive at the most well coordinated plan between them all. |
| Money Management
We offer comprehensive portfolio management for our clients. This allows our clients to delegate the entire task of portfolio creation, including risk assessment, stock allocation recommendations, tax loss harvesting, rebalancing, sector emphasis using ETFs as well as individual stock selection. |
| Financial Planning for Businesses
We offer comprehensive retirement planning services to our clients, including budget projections, income expectations, feasibility of scenarios such as age at retirement or minimum monthly income target. Additionally, we explore optimizing efficiency such as roth conversions, social security analysis and long term care assessments. |
| Financial Planning for Individuals
We offer comprehensive retirement planning services to our clients, including budget projections, income expectations, feasibility of scenarios such as age at retirement or minimum monthly income target. Additionally, we explore optimizing efficiency such as roth conversions, social security analysis and long term care assessments. |
| Financial Advice & Consulting
We offer comprehensive retirement planning services to our clients, including budget projections, income expectations, feasibility of scenarios such as age at retirement or minimum monthly income target. Additionally, we explore optimizing efficiency such as roth conversions, social security analysis and long term care assessments. |
| Insurance Planning
We offer wealth management services which includes working closely with other professionals such as tax advisors, estate planning attorneys, health insurance specialists and long term care insurance specialists. We play the central organizer between all the parties to arrive at the most well coordinated plan between them all. |
| Annuities
We offer wealth management services which includes working closely with other professionals such as tax advisors, estate planning attorneys, health insurance specialists and long term care insurance specialists. We play the central organizer between all the parties to arrive at the most well coordinated plan between them all. |
| Estate Planning & Trusts
We offer wealth management services which includes working closely with other professionals such as tax advisors, estate planning attorneys, health insurance specialists and long term care insurance specialists. We play the central organizer between all the parties to arrive at the most well coordinated plan between them all. |
| Tax Planning & Mitigation
We offer wealth management services which includes working closely with other professionals such as tax advisors, estate planning attorneys, health insurance specialists and long term care insurance specialists. We play the central organizer between all the parties to arrive at the most well coordinated plan between them all. |
| Education Funding & Planning
We offer Education planning to our clients to help reach the goal of funding lower and higher education in the most tax efficient way possible. We explore tax advantaged accounts as well as income thresholds and academic scholarships to help target the right mix of instruments. |
| Investment Management & Advice
We offer comprehensive portfolio management for our clients. This allows our clients to delegate the entire task of portfolio creation, including risk assessment, stock allocation recommendations, tax loss harvesting, rebalancing, sector emphasis using ETFs as well as individual stock selection. |
| Risk Management
We offer comprehensive portfolio management for our clients. This allows our clients to delegate the entire task of portfolio creation, including risk assessment, stock allocation recommendations, tax loss harvesting, rebalancing, sector emphasis using ETFs as well as individual stock selection. |
FAQs |
Do you have a customer satisfaction or refund policy?Yes, we do have a satisfaction policy. We aim to please, and generally our clients stick with us for the long term. In the event that a client chooses to move on, we certainly would not assess any penalties for taking your money to another firm. The only consideration for clients could be the potential for limited liquidity in certain holdings, but we generally do not propose or invest in low liquidity positions unless a clients requests specific features that can only be achieved through such instruments. |
How do you charge for your services?We generally provide full service financial planning, investment management, estate plan integration, tax plan integration and overall organization of your personal finances. For this service, we charge quarterly as a percentage of the assets we manage. The baseline cost is 1% annually, but we offer a discount of 1% of the 1% for every additional $100,000 invested greater than $1,000,000. As an example a $3,000,000 portfolio would be assessed a 0.80% annual fee. |
What services do you provide? What are your specialties?We generally provide full service financial planning, investment management, estate plan integration, tax plan integration and overall organization of your personal finances. We also specialize in long term care insurance planning, digital safety planning and complex tax strategies such as roth conversions and business retirement plans. |
What is your experience? How many clients do you currently manage?Our Advisors have been in the business since 2007 where they spend the first 8-10 years at Fidelity Investments in the Private Client Group catering to affluent individuals and families. Foronjy Financial was started in 2015 with the idea that our clients would value our services more in a boutique environment where we could offer more personalized service, which we've delivered on time and again. We currently manage 110 relationships for couples and individuals either approaching retirement or already retired. |
What financial institution(s) do you represent?We follow a fiduciary standard for our clients, generally speaking so we don't represent any particular product but rather we shop the market for our clients. We do utilize the custodial services of both LPL Financial as well as Fidelity Investments. We are Investment Advisor Representatives for Strategic Wealth Advisors Group, LLC and offer brokerage services through LPL Financial LLC. Foronjy Financial is an independent entity and is not affiliated with LPL Financial LLC or Strategic Wealth Advisors Group LLC. |
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. LPL ADV 2A https://www.lpl.com/content/dam/lpl-www/documents/disclosures/A58.pdf LPL WiserAdvisor Cash Solicitor Disclosure |
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Additional Detailed Disclosures |
Disclaimer |
| The Financial Consultants of Foronjy Financial are registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Strategic Wealth Advisors Group LLC, a registered investment advisor. Strategic Wealth Advisors Group LLC and Foronjy Financial are separate entities from LPL Financial. The LPL Financial registered representative associated with this page may only discuss and/or transact business with residents of the following states: AL, AZ, CA, FL, MA, MI, NV, NY, OH, OR, VA, WA, WI, WY |
Registered Representative:
Yes
Investment Advisor Representative:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
Have a clean record
Criminal Disclosures in Last 5 years:
Have a clean record
| Mon. | 9:00 AM - 4:00 PM |
| Tue. | 9:00 AM - 4:00 PM |
| Wed. | 9:00 AM - 4:00 PM |
| Thu. | 9:00 AM - 4:00 PM |
| Fri. | 9:00 AM - 4:00 PM |
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