Fee-only Financial Planning and Investment Management
Based in the Finger Lakes region of Central New York, we have over two decades of experience delivering investment consulting services to clients across the U.S.
Based in the Finger Lakes region of Central New York, we have over two decades of experience delivering investment consulting services to clients across the U.S.
Your company may explain the mechanics of exercising your stock options, but they can’t tell you when to exercise or how much you should own relative to your net worth.
Your company may explain the mechanics of excerising stock options, but they cna't tell you when to exercise, how long to hold the stock, or how much you should own as a percentage of your net worth.
Source: Schwab Stock Plan Service, Inc.
2018 Equity Compensation Plan Participant Survey, 9/29/2017
A surprising majority of business owners have no transition plan whatsoever. When it comes time to make important decisions about your business, will you be ready?
Althoguh being an entrepreneur can have many payoffs, the demands on your time can make personal financial planning more difficult.
With personal and business priorites not always being in sync, managing both can sometimes feel overwhelming.
Wilmington Trust
Family financial conversations are rarely easy. Many people are uncomfortable and resist talking openly with loved ones about important wealth planning matters.
Whether it's providing for your children's education, getting your estate plan in order, or dealing with your parents' financial well-being, every family financial situation is different.
Over time you come to realize that, in addition to the family business, you need to start to focus on the "business of family".
Fidelity Investments
Our process begins with a deep discussion about... you. We aggregate your complete balance sheet and cash flow statement online for a real-time view of your total financial picture. Then we help answer the key questions that count.
A wealth management consulting arrangement may be best suited to those clients who seek comprehensive planning services incorporating cash flow, assets, liabilities and property, including investment programs not under our direct custody.
Depending on the scope and duration of the consulting project, we may charge an hourly rate of $300/hr or flat retainer fee detailed below.
| Basic | Advanced | Concierge | A La Carte | |
| Annual Fees | $1,200 - $2,500 | $2,500 - $6,000 | $5,000 - $15,000 | $300/hr |
| Organizer360 Portals | ✔️ | ✔️ | ✔️ | As Needed |
| Balance Sheet / Net Worth | ✔️ | ✔️ | ✔️ | |
| Education Planning / Planned Expenses | ✔️ | ✔️ | ✔️ | |
| Savings Strategy | ✔️ | ✔️ | ✔️ | |
| Fiduciary Investment Consulting (401k/Held Away Assets) | ✔️ | ✔️ | ||
| Retirement Income Planning (Including Social Security) | ✔️ | ✔️ | ||
| Employer Benefits | ✔️ | ✔️ | ||
| Risk Management & Insurance | ✔️ | ✔️ |
| Business Planning and Continuity Strategy | ✔️ | As Needed | ||
| Strategic Tax Planning | ✔️ | |||
| Trust & Estate Plan Review | ✔️ | |||
| Equity Compensation Programs (Stock, RSUs, ESPPs) | ✔️ | |||
| Deferred Compensation Planning | ✔️ |
Clients engaging on an Asset Management basis are charged an annual fee based on the blended household assets under management (AUM).
Assets Under Management | Annual Fee % |
| $0 - $500,000 | 1.10% |
| $500,000 - $1,000,000 | 1.00% |
| $1,000,000 - $2,500,000 | 0.80% |
| $2,500,000 - $5,000,000 | 0.70% |
| $5,000,000 - $10,000,000 | 0.60% |
| > $10,000,000 | 0.50% |
After a 20 year career working with two large investment firms, John founded Sammut Wealth Management in January, 2014. Offering independent consulting and investment management services, he specializes in helping executives make more informed decisions concerning their company stock and total wealth.
Erin brings a wealth of experience, lots of personality, and an incredibly strong work ethic to our company and clients. As Director of Client Services, Erin’s responsibilities include overseeing all client administration and operations. In addition, she handles vendor and partner relations, oversees operational systems and workflows, and is in charge of marketing and public relations for the firm.
Sammut Wealth Management is partnered with Commonwealth Financial Network®, a broker-dealer and investment adviser who assists us in providing an exceptional client experience.
Founded in 1979, Commonwealth has the scale, stability, and resources to help us deliver innovative and integrated solutions. With a staff of more than 850, Commonwealth helps approximately 1,950 independent advisors* serve their clients. The firm is privately held and manages total account assets of approximately $161 billion.*
Commonwealth is our secret weapon. As the nation’s largest privately held independent broker-dealer, the firm's vast infrastructure is built around doing whatever it takes to deliver everything advisors need to serve their clients. The firm’s always–expanding resources help ensure that we can deliver the best possible guidance and the prompt, personal service you expect and deserve. Among the many reasons we choose to affiliate with them, here are a few:
In addition, we are proud to be associated with an organization that has received acknowledgments of its workplace culture year after year in the Boston and San Diego areas where its home offices are staffed. The firm has been recognized 38 times and counting as a Best Place to Work by:
*As of 12/31/18
** Fidelity Clearing & Custody SolutionsSM (FCCS) is an independent company, unaffiliated with Commonwealth. FCCS is a service provider to Commonwealth and provides clearing, custody, and other brokerage services to Commonwealth through National Financial Services LLC (NFS), member NYSE, SIPC. 807841.1.0