We are dedicated to providing individuals and other types of clients with a wide array of investment advisory
services. Our firm is a limited liability company formed in the State of New York. With over 60 years of
combined industry experience, fifty-percent owners, Douglas Flynn and Richard Zito, formed our firm as an
investment adviser in 2010. Our mission is to help you live comfortably and confidently in your retirement
years. Below are some highlights of our mission and goals:
Retirement Planning Approach
Understanding your specific needs, goals and financial situation is critical to building a successful long-
term strategy.
We know that each client’s needs are different and, therefore, have the ability to custom tailor
retirement strategies to fit unique needs, goals and financial situations.
We believe the manager of your investments should have a philosophy and approach that is consistent.
We can periodically prepare an evaluation of your investments for you to review.
Through regular reviews, we are able to recommend adjustments to your investments in response to
changes in your needs, goals or overall strategy.
We can set up meetings with you and your beneficiaries to discuss the options and benefits of the
various beneficiary designations.
Types of Advisory Services Offered
Comprehensive Wealth Management:
As part of our Comprehensive Wealth Management service clients will be provided investment management
and advice only financial planning or consulting services. This service is designed to assist clients in meeting
their financial goals through the use of a financial plan or consultation. Our firm conducts client meetings to
understand their current financial situation, existing resources, financial goals, and tolerance for risk. Based on
what is learned, an investment approach is presented to the client, consisting of individual stocks, bonds,
exchange traded funds (“ETFs”), options, mutual funds and other public and private securities or investments.
Once the appropriate portfolio has been determined, portfolios are continuously and regularly monitored, and
if necessary, rebalanced based upon the client’s individual needs, stated goals and objectives. Upon client
request, our firm provides a summary of observations and recommendations for the planning or consulting
aspects of this service.
As part of this service, our firm may also utilize 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.
Investment Management:
As part of our Investment Management service, a portfolio is created, consisting of individual stocks, bonds, ETFs,
options, mutual funds and other public and private securities or investments. The client’s individual investment
strategy is tailored to their specific needs and may include some or all of the previously mentioned securities.
Portfolios will be designed to meet a particular investment goal, determined to be suitable to the client’s
circumstances. Once the appropriate portfolio has been determined, portfolios are continuously and regularly
monitored, and if necessary, rebalanced based upon the client’s individual needs, stated goals and objectives.
As part of this service, our firm may also utilize 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.
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Retirement Plan Consulting:
Our firm provides retirement plan consulting services to employer plan sponsors on a one time or on-going
basis. Generally, such consulting services consist of assisting employer plan sponsors in establishing, monitoring
and reviewing their company's participant-directed retirement plan. As the needs of the plan sponsor dictate,
areas of advising could include: investment options, plan structure and participant education.
Retirement Plan Consulting services typically include:
Establishing an Investment Policy Statement – Our firm will assist in the development a statement that
summarizes the investment goals and objectives along with the broad strategies to be employed to
meet the objectives.
Investment Options – Our firm can work with the Plan Sponsor to evaluate existing investment
options and make recommendations for appropriate changes.
Asset Allocation and Portfolio Construction – Our firm can develop strategic asset allocation models
to aid Participants in developing strategies to meet their investment objectives, time horizon, financial
situation and tolerance for risk.
Investment Monitoring – Our firm can monitor the performance of the investments and notify the
client in the event of over/underperformance and in times of market volatility.
In providing services for retirement plan consulting, our firm does not provide any advisory services with
respect to the following types of assets: employer securities, real estate (excluding real estate funds and publicly
traded REITS), participant loans, non-publicly traded securities or assets, other illiquid investments, or
brokerage window programs (collectively, “Excluded Assets”). All Retirement Plan Consulting services shall
be in compliance with the applicable state law(s) regulating pension consulting services. This applies to client
accounts that are pension or other employee benefit plans (“Plan”) governed by the Employee Retirement
Income Security Act of 1974, as amended (“ERISA”). If the client accounts are part of a Plan, and we accept
appointments to provide our services to such accounts, we acknowledge that we are a fiduciary within the
meaning of Section 3(21) of ERISA as designated by the Retirement Plan Consulting Agreement with respect
to the provision of services described therein.
Advice Only Financial Planning & Consulting:
We provide a variety of advice only financial planning & consulting services to individuals, families and other
clients regarding the management of their financial resources based upon an analysis of client’s current situation,
goals, and objectives. Generally, such advice only financial planning & consulting services will involve preparing
a financial plan or rendering a financial consultation for clients based on the client’s financial goals and
objectives. This planning or consulting may encompass one or more of the following areas: Investment
Planning, Retirement Planning, Estate Planning, Charitable Planning, Education Planning, Corporate and
Personal Tax Planning, Real Estate Analysis, Mortgage/Debt Analysis, Insurance Analysis, Lines of Credit
Evaluation, Business and Personal Financial Planning.
Our written financial plans or financial consultations rendered to clients usually include general
recommendations for a course of activity
or specific actions to be taken by the clients. For example,
recommendations may be made that the clients begin or revise investment programs, create or revise wills or
trusts, obtain or revise insurance coverage, commence or alter retirement savings, or establish education or
charitable giving programs. It should also be noted that we refer clients to an accountant, attorney or other
specialist, as necessary for non-advisory related services. For written advice only financial planning
engagements, we provide our clients with a written summary of their financial situation, observations, and
recommendations. For advice only financial consulting engagements, we usually do not provide our clients with
a written summary of our observations and recommendations as the process is less formal than our planning
service. Plans or consultations are typically completed within 6 months of the client signing an agreement with
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us, assuming that all the information and documents we request from the client are provided to us promptly.
Implementation of the recommendations will be at the discretion of the client.
LPL Sponsored Advisory Programs:
Our firm may provide advisory services through certain programs sponsored by LPL Financial, LLC, 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 Form ADV Part 2 or the applicable program’s Appendix 1 (Wrap Fee Program
Brochure) and the applicable client agreement. The following advisory services are made available through LPL:
Manager Access Network (MAN)
MAN enables high-net-worth investors to access a variety of institutional Portfolio Managers at
significantly lower account minimums. By using separate account managers, clients can enjoy a higher
level of specialization and service through the ownership of individual securities. A broad range of
Portfolio Managers and multiple investment styles are available, including equity, fixed income,
balanced, international, ETF, REIT and socially responsible portfolios. A minimum account value of
$100,000 is required for MAN.
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, the client will authorize LPL Financial on a discretionary
basis to purchase and sell Optimum Funds pursuant to investment objectives chosen by the client. We
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 Financial
will have discretion to purchase and sell Optimum Funds pursuant to the portfolio selected for the
client. LPL Financial will also have authority to rebalance the account. A minimum account value of
$10,000 is required for OMP.
Personal Wealth Portfolios Program (PWP)
PWP offers clients an investment management account using asset allocation model portfolios
designed by LPL Financial. We will have discretion for selecting the asset allocation model portfolio
based on client’s investment objective. We will also have discretion for selecting third party money
managers (PWP advisors) or mutual funds within each asset class of the model portfolio. LPL Financial
will act as the overlay portfolio manager on all PWP accounts and will be authorized to purchase and
sell on a discretionary basis mutual funds and equity and fixed income securities. A minimum account
value of $250,000 is required for PWP.
Model Wealth Portfolios Program (MWP)
MWP offers clients a professionally managed mutual fund asset allocation program. We 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. We initiate the steps
necessary to open an MWP account and have discretion to select a model portfolio designed by LPL
Financial’s Research Department consistent with the client’s stated investment objective. LPL
Financial’s Research Department is responsible for selecting the mutual funds within a model portfolio
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and for making changes to the mutual funds selected. The client will authorize LPL Financial 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
Financial to effect rebalancing for MWP accounts. A minimum account value of $10,000 is required
for MWP.
Manager Access Select Program (MAS)
Manager Access Select provides clients access to the investment advisory services of professional
portfolio management firms for the individual management of client accounts. We will assist client in
identifying a third party portfolio manager (Portfolio Manager) from a list of Portfolio Managers made
available by LPL Financial. The Portfolio Manager manages client’s assets on a discretionary basis. We
will provide initial and ongoing assistance regarding the Portfolio Manager selection process. A
minimum account value of $50,000 is required for Manager Access Select, however, in certain
instances, the minimum account size may be lower or higher.
Newsletters:
Our firm may provide monthly e-newsletters to its advisory clients free of charge.
Tailoring of Advisory Services
We offer individualized investment advice to clients utilizing our firm’s Comprehensive Wealth Management
and Investment Management services. General investment advice will be offered to our Advice Only Financial
Planning & Consulting, Retirement Plan Consulting, and Referrals to Third Party Money Management clients.
We usually do not allow clients to impose restrictions on investing in certain securities or types of securities
due to the level of difficulty this would entail in managing their account. In the rare instance that we would
allow restrictions, it would be limited to our firm’s Comprehensive Wealth Management and Investment
Management services.
Participation in Wrap Fee Programs
Our firm does not offer or sponsor a wrap fee program. We may, however, recommend that clients invest in a
wrap fee advisory program sponsored by LPL Financial. Please see LPL Financial’s advisory program brochures
for more information about these programs.
Regulatory Assets Under Management
As of December 31, 2023, our firm manages $540,444,200 on a discretionary basis and $8,789,422 on a non-
discretionary basis, totaling $549,233,622 in aggregate Assets Under Management.