Our firm is dedicated to providing individuals and other types of clients with a wide array of
investment advisory services. Our firm is a corporation formed under the laws of the State of
Washington in 2001 and has been registered as an investment adviser since 2008. Our firm is wholly
owned by Monte Snider.
Snider Financial Group provides personalized confidential financial planning and investment
management to individuals, pension and profit-sharing plans, trusts, estates, charitable
organizations, and small businesses. Advice is provided through consultation with the client and
might include determination of financial objectives, identification of financial problems, cash flow
management, tax planning, insurance review, investment management, education funding,
retirement planning, and estate planning.
Investment advice is an integral part of financial planning. In addition, Snider Financial Group advises
clients regarding cash flow, college planning, retirement planning, tax planning and estate planning.
Investment advice is provided, with the advisor making the final decision on investment selection on
discretionary accounts and the client giving the final permission on the recommendations for non-
discretionary accounts. Snider Financial Group does not act as a custodian of client assets. The client
always maintains control of assets. Snider Financial Group places trades for clients under a limited
power of attorney.
Types of Advisory Services Offered
Financial Planning & Consulting:
A financial plan is designed to help the client with all aspects of financial planning without ongoing
investment management after the financial plan is completed. The financial plan might include, but
is not limited to: a net worth statement; a cash flow statement; a review of investment accounts,
including reviewing asset allocation and providing repositioning recommendations; strategic tax
planning; a review of retirement accounts and plans including recommendations; a review of
insurance policies and recommendations for changes, if necessary; one or more retirement
scenarios; estate planning review and recommendations; and education planning with funding
recommendations.
Detailed investment advice and specific recommendations are provided as part of a financial plan.
Implementation of the recommendations is at the discretion of the client. Snider Financial Group may
recommend that clients execute their financial plans through a broker-dealer, however, the Client is
free to implement their plan through broker-dealers or insurance companies of their choice.
Investment Management:
Most clients choose to have our firm manage their assets in order to obtain ongoing in-depth advice
and life planning. All aspects of the client’s financial affairs are reviewed. Realistic and measurable
goals are set and objectives to reach those goals are defined. As goals and objectives change over
time, suggestions are made and implemented on an ongoing basis in discretionary accounts and
changes are recommended and approved by the client in non-discretionary accounts.
ADV Part 2A – Firm Brochure Page 5 Snider Financial Group
Our Investment Management service includes cash flow management; insurance review; investment
management (including performance reporting); education planning; retirement planning; estate
planning; and tax preparation, as well as the implementation of recommendations within each area.
We use a third-party platform to facilitate management of held away assets such as defined
contribution plan participant accounts, with discretion. The platform allows us to avoid being
considered to have custody of Client funds since we do not have direct access to Client log-in
credentials to affect trades. We are not affiliated with the platform in any way and receive no
compensation from them for using their platform. A link will be provided to the Client allowing them
to connect an account(s) to the platform. Once Client account(s) is connected to the platform, Adviser
will review the current account allocations. When deemed necessary, Adviser will rebalance the
account considering client investment goals and risk tolerance, and any change in allocations will
consider current economic and market trends. The goal is to improve account performance over time,
minimize loss during difficult markets, and manage internal fees that harm account performance.
Client account(s) will be reviewed at least quarterly and allocation changes will be made as deemed
necessary.
Our firm utilizes the sub-advisory services of a third-party investment advisory firm or individual
advisor to aid in the implementation of an investment portfolio designed by our firm. Before selecting
a firm or individual, our firm will ensure that the chosen party is properly licensed or registered. Our
firm will not offer advice on any specific securities or other investments in connection with this
service. We will provide initial due diligence on third party money managers and ongoing reviews of
their management of client accounts. In order to assist in the selection of a third-party money
manager, our firm will gather client information pertaining to financial situation, investment
objectives, and reasonable restrictions to be imposed upon the management of the account.
Our firm will periodically review third party money manager reports provided to the client at least
annually. Our firm will contact clients from time to time in order to review their financial situation
and objectives; communicate information to third party money managers as warranted; and assist
the client in understanding and evaluating the services provided by the third-party money manager.
Clients will be expected to notify our firm of any changes in their financial situation, investment
objectives, or account restrictions that could affect their financial
standing.
LPL Financial Sponsored Advisory Programs:
Our firm may provide advisory services through certain programs sponsored by LPL Financial
Corporation (“LPL”), a registered investment advisor and broker-dealer. Below is a brief description
of each LPL advisory program available to our firm. For more information regarding the LPL
programs, including more information on the advisory services and fees that apply, the types of
investments available in the programs and the potential conflicts of interest presented by the
programs please see the LPL Financial Form ADV Part 2 and the applicable client agreement.
• Manager Access Select (MAS)
Manager Access Select is a separate account platform available through LPL Financial that
offers high-net-worth investors the ability to access a variety of institutional portfolio
managers at significantly lower account minimums. This enables clients to enjoy a higher
level of specialization and service through the ownership of individual securities. You can
choose from a broad range of portfolio managers and multiple investment styles including
equity, fixed income, asset classes, mutual funds, ETFs, and specialty strategies. The client
ADV Part 2A – Firm Brochure Page 6 Snider Financial Group
will authorize LPL to act on a discretionary basis to purchase and sell securities and to
liquidate previously purchased securities. The client will also authorize LPL to effect
rebalancing for MAS accounts.
• Optimum Market Portfolios Program (OMP)
OMP offers clients the ability to participate in a professionally managed asset allocation
program using Optimum Funds Class I shares. Under OMP, client will authorize LPL on a
discretionary basis to purchase and sell Optimum Funds pursuant to investment objectives
chosen by the client. Advisor will assist the client in determining the suitability of OMP for
the client and assist the client in setting an appropriate investment objective. Advisor will
have discretion to select a mutual fund asset allocation portfolio designed by LPL consistent
with the client’s investment objective. LPL will have discretion to purchase and sell Optimum
Funds pursuant to the portfolio selected for the client. LPL will also have authority to
rebalance the account. A minimum account value of $15,000 is required for OMP.
• Model Wealth Portfolios Program (MWP)
MWP offers clients a professionally managed mutual fund asset allocation program. Snider
Financial Group will obtain the necessary financial data from the client, assist the client in
determining the suitability of the MWP program and assist the client in setting an appropriate
investment objective. The Advisor will initiate the steps necessary to open an MWP account
and have discretion to select a model portfolio designed by LPL’s Research Department
consistent with the client’s stated investment objective. LPL’s Research Department is
responsible for selecting the mutual funds within a model portfolio and for making changes
to the mutual funds selected. The client will authorize LPL to act on a discretionary basis to
purchase and sell mutual funds (including in certain circumstances exchange traded funds)
and to liquidate previously purchased securities. The client will also authorize LPL to effect
rebalancing for MWP accounts. The MWP program does make available model portfolios
designed by strategists other than LPL’s Research Department. Such models are made
available, and the Advisor will have discretion to choose among the available models
designed by LPL and outside strategists. A minimum account value of $100,000 is required
for MWP.
• Strategic Wealth Management (SWM)
SWM is a comprehensive, open-architecture, fee-based investment platform designed to help
deliver highly customized advice and exceptional service. The platform provides a foundation
to help you develop successful client relationships by thoroughly understanding your clients’
long-term financial goals and offering solutions to achieve them. With this platform, multiple
investments can be wrapped in one account with one consolidated statement for the client.
Snider Financial Group has the fiduciary responsibility on the account, and also selects,
recommends, and makes changes to these accounts on a discretionary basis. The client will
authorize Snider Financial Group to act on a discretionary basis to purchase and sell
securities and to liquidate previously purchased securities. The client will also authorize
Snider Financial Group to effect rebalancing for SWM accounts.
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Tailoring of Advisory Services
Our firm offers individualized investment advice to our Investment Management clients. General
investment advice will be offered to our Financial Planning & Consulting clients. Each Investment
Management client has the opportunity to place reasonable restrictions on the types of investments to
be held in the portfolio. Restrictions on investments in certain securities or types of securities may not
be possible due to the level of difficulty this would entail in managing the account.
Participation in Wrap Fee Programs
Our firm does not manage or place Client assets into a wrap fee program. Investment management services
are provided directly by Snider Financial Group. However, SFG has approximately 10 – 15 legacy clients
in SWM II accounts, but SFG no longer offers SWM II accounts. The advisory fee charged to Advisory
Clients participating in SWM II program will include the transaction fees charged by the LPL Financial
for securities transactions.
Regulatory Assets Under Management
As of December 31, 2022 our firm manages $268,623,420 in Client assets, all of which is managed on
a discretionary basis. Clients may request more current information at any time by contacting the
Advisor.