Overview
The Pinnacle Financial Group (hereinafter “TPFG”, “we”, “us”, “our” or the “Firm”) is organized as a
New York Corporation with a principal place of business in the state of New York. The firm was formed
in May of 2012, and the principal owner is Joseph Esposito.
TPFG offers services under the additional following names:
North Star Wealth Investors
Pension & Wealth Consultants
Agrillo Financial Group
McKenna Financial Planning
NSI Group
Mario Molino and Associates
Pinnacle Wealth Strategies Group
Atlantic Financial Group
FIA Financial
Coleman Investment Management
Flagship Wealth Management
TPFG offers various types of advisory services including portfolio management services, pension
consulting services, selection of other advisors, and participation in wrap fee programs. This Brochure
provides a description of the advisory services offered through the wrap fee programs listed below. For
more information about Advisor's other investment advisory services, please contact Advisor for a copy of
a similar brochure that describes such services or go to www.adviserinfo.sec.gov.
TPFG participates in and may recommend the following wrap programs to its clients:
OMP - Optimum Market Portfolios Program
PWP - Personal Wealth Portfolios Program
MWP - Model Wealth Portfolios Program
MAS - Manger Access Select Program
SWM II – Strategic Wealth Management II
In the Programs, TPFG, through its investment advisor representatives or IARs, provides ongoing
investment advice and management on assets in the client’s account. IARs provide advice on the purchase
and sale of various types of investments, such as mutual funds, exchange-traded funds (“ETFs”), variable
annuity subaccounts, business development companies (“BDCs”), private equity, real estate investment
trusts (“REITs”), equities, and fixed income securities. IARs provide advice that is tailored to the individual
needs of the client based on the investment objective chosen by the client. Clients may impose restrictions
on investing in certain securities or groups of securities by indicating in the Account Application. The
Programs also permit clients to select a third-party investment advisor firm associated with an TPFG
registered representative, in lieu of an IAR, to provide the advisory services described in this brochure.
TPFG provides management services on a discretionary basis. The client authorizes the Advisor to have
discretion by signing an advisory agreement.
Assets for program accounts are held at LPL Financial ("LPL") as custodian. LPL also acts as executing
broker/dealer for transactions placed in program accounts and provides other administrative services as
described throughout this Brochure.
Assets Under Management
As of December 31, 2022, TPFG’s total discretionary assets under management were $1,203,901,225.
Fee Schedule
In each Program, clients pay Advisor a single annual advisory fee for advisory services and execution of
transactions. Clients do not pay brokerage commissions, markups or transaction charges for execution of
transactions in addition to the advisory fee. The advisory fee is negotiable between the client and the
Advisor and is set out in the advisory agreement. The advisory fee is a percentage based on the value of all
assets in the account, including cash holdings. Advisory fees range between 0.00% to 2.50%.
Payment in Advance and Refund of Pre-Paid Fees
Fees are paid quarterly in advance, and clients may terminate their contracts with seven days’ written notice.
If an account terminates their agreement prior to the end of the quarter, refunds are given on a prorated
basis, based on the number of days remaining in a quarter at the point of termination. Fees that are collected
in advance will be refunded based on the prorated amount of work completed up to the day of termination
within the quarter terminated. The fee refunded will be the balance of the fees collected in advance minus
the daily rate* times the number of days in the quarter up to and including the day of termination. (*The
daily rate is calculated by dividing the quarterly AUM fee by the number of days in the termination quarter).
Clients may terminate their contracts without penalty, for full refund, within 5 business days of signing the
advisory contract.