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You Drive. We'll Navigate.

For those seeking a better return on life.

Learn more about who we help

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.

This is about you.



Executives

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.

View Case Study

Business Owners

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?

View Case Study

Families

Family financial conversations are rarely easy.  Many people are uncomfortable and resist talking openly with loved ones about important wealth planning matters.

View Case Study

Helping You Save Time and Stay On Track

Wealth Management Services 

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.  

So that you can start making better decisions.


Equity Compensation
  • How much company stock is enough (or too much)?
  • When is the right time to diversify?
  • What are the tax considerations related to your  stock options, restricted shares and ESPPs?
Asset Management
  • Is your portfolio customized to your specific risk, return and liquidity needs?
  • What is your Risk Number?
  • Would you benefit from a new perspective?
Retirement
  • What's your plan to ensure your money lasts longer than you do?
  • When should you begin taking Social Security?
  • What could go wrong?
Education
  • Are you prepared for the high cost of educating your children?
  • How much should you be saving for college expenses?
  • Which savings strategies are most appropriate?
Business
  • Do you have a plan for the business should something happen to you?
  • Are you maximizing retirement and tax savings?
  • What's your exit strategy?
Tax
  • Are you missing tax-loss opportunities?
  • As an executive, would you benefit from an 83(b) election for your restricted stock grants?
  • Is your tax withholding likely to fall short when restricted shares vest or stock options are exercised?
Insurance
  • Is the type and amount of insurance you have in place appropriate?
  • Are there opportunities to increase coverage, reduce premium expense, or both?
  • Are your permanent life insurance policies still on track?
Estate
  • Are your documents up-to-date and accessible when needed?
  • When was the last time your beneficiary designations were reviewed?
  • Is a Revocable Trust appropriate for your situation?

Start Your Journey. Take a Test Drive.

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FAQs & Fees

Who is your ideal client?
What does “Fee-only” Mean?
What are your fees?
Do I have to move my investments?
Do I have to live in Central New York to work with Sammut Wealth Management?
What happens to me (as a client) if something happens to you?

Wealth Management Consulting Fees

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.


BasicAdvancedConciergeA La Carte
Annual Fees
$1,200 - $2,500$2,500 - $6,000$5,000 - $15,000$300/hr
Organizer360 Portals✔️✔️
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As Needed
Balance Sheet / Net Worth✔️
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Education Planning / Planned Expenses✔️
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Savings Strategy✔️
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Fiduciary Investment Consulting (401k/Held Away Assets)
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Retirement Income Planning (Including Social Security)
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Employer Benefits
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Risk Management & Insurance
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Business Planning and Continuity Strategy

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As Needed
Strategic Tax Planning

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Trust & Estate Plan Review

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Equity Compensation Programs (Stock, RSUs, ESPPs)

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Deferred Compensation Planning

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Portfolio Management Fee Schedule

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 - $500,0001.10%
$500,000 - $1,000,0001.00%
$1,000,000 - $2,500,0000.80%
$2,500,000 - $5,000,0000.70%
$5,000,000 - $10,000,0000.60%
> $10,000,0000.50%
Management fees are paid pro-rata in January, April, July and October in advance at the beginning of each billing period and are assessed based upon the account asset value(s) on the last business day of the previous billing period. When an account is established, the management fee is charged for the remainder of the current billing period and is based upon the initial contributions.

Meet Your Partners

Meet John

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. 

Q&A

Why would someone want to do business with Sammut Wealth Management?
How has your background and childhood influenced your career?

When I was a kid, the three things I loved most growing up were fishing, music, and collecting baseball cards. I also had a bit of an organization "disorder". I didn't just enjoy fishing, I loved organizing the tackle box. I liked when my record albums were sorted alphabetically by artist. And I would spend hours getting my Topps "Complete Set" of cards in order by team and player. It was a bit "OCD" in today's terms. Now I like to get client balance sheets in order by organizing employer stock options and restricted grants by vesting schedule. Go figure!

My Dad built a successful career in institutional investment management, so I basically grew up around the business, although I wasn’t immediately interested in working in the investment world. My Mom worked with him to provide office support and she joined him in client dinners and meetings. Over the years, they became close friends with many clients. So my parents taught me not only about the investment business itself, but also how to work together while keeping a solid and successful marriage. That's been helpful to Erin and me in working together and staying married!

What is something your clients don't know about you?

I love all kinds of music and played guitar for a local cover band with a good friend for a number of years. But after too many late nights (and Monday mornings that came way too early) I "retired" to focus on family, clients and career.

Why do you choose to partner with Commonwealth Financial Network?
What do you like to do when you're not working?

Back in 2009, when I was about 50 pounds heavier, I made a decision to get back in shape. I never wanted to go through another “2008” without being in top physical condition. Since then I've come to enjoy all kinds of workout activities, including running, yoga and circuit training.

Erin and I also love to travel, and often tie in trips with client visits away from home. To combat the long Central New York winters I've recently taken up cross country skiing. I still love going to see live music. And I still enjoy fishing, although the tackle box is now a bit messy!


Meet Erin

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.  

Q&A

How has your background and experience prepared you for your role at the firm?

I started in the retail business, working for Banana Republic in Washington, DC and Los Angeles. I was later promoted to store manager, overseeing a number of locations in the Baltimore/Washington region.

My background in retail sales taught me lessons in delivering a great customer experience, which is part of our mission at SWM. And managing a group of stores for a major retailer helped me learn the basics of running a successful operation. Later, I was hired as the Executive Assistant for the Mid-Atlantic Vice President, which gave me valuable experience working in an executive capacity at a Fortune 500 company.

In 2008, I started a personal concierge business called “The Go-to Girl”, where I helped a select group of clients organize their homes, maintain their property, help plan events, and align with specialists. Later, while still active in the concierge business, I joined Finger Lakes Realty Partners as office manager and became a licensed agent.

What is something your clients don't know about you?

My parents died young (Father at 63, Mother at 66). My dad was in charge of financials and my mom wasn’t really involved, so when he died I could see that my Mom became stressed and overwhelmed because she didn’t have the day to day involvement that he did. This was very common with this generation. At Sammut Wealth Management I want to really empower spouses to become more knowledgeable about their financial household so that they have confidence when the time comes for decision making.

What do you enjoy most about your work?

The best thing about my work is to see the smile on a client’s face or hear the happiness in their voice when they need help and I have a solution. Giving our clients the best support and experience is very rewarding to me.

What is it like working with your spouse?

It’s challenging sometimes. Thank goodness John and I have a very open line of communication and we laugh a lot. We have come into this marriage and business as a team speaking our truths, helping each other grow in our strengths while continually improving our weaknesses.

What are your hobbies outside the office?

John and I have made a conscious effort to become healthy in our mind, body and spirit. I love to meditate, practice Pilates, yoga, circuit train and cross country ski to break up our upstate New York winters. We also love to travel and spend time with our dog Samson!


A Partnership that benefits You.

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: 

  1. Commonwealth is extremely selective, turning away more than half of the advisors who want to partner with it. The firm seeks to partner with advisors with an exemplary compliance history; a prudent, balanced approach to investing and managing assets; and a highly personalized way of doing business.
  2. Commonwealth excels in its commitment to safeguarding your privacy and ensuring that your investment data remains secure. Its encryption standards, redundant data centers, and disaster recovery plans make us confident that the information you entrust us with will remain well protected.
  3. Fidelity Clearing & Custody SolutionsSM (FCCS)* provides clearing, custody, and other brokerage services to Commonwealth through National Financial Services LLC (NFS). Like Commonwealth, NFS is an industry leader with a long and stable history of customer service excellence. We have the utmost confidence in the proficiency with which NFS handles every trade, statement, report, and myriad other transactions for millions of clients—and we believe that you can as well.
  4. The firm’s Compliance team offers a flexible, responsive framework that allows us to understand what various industry regulations mean and how to work within them to achieve your goals.
  5. Investment choice. Commonwealth provides us with an open investment platform, which gives us access to the complete universe of solutions from which to recommend the best choices for you based on your financial objectives, personal investment style, and risk tolerance.
  6. Breadth of expertise. Dozens of experts in estate planning, taxation, risk management, business planning, charitable giving, and retirement planning are available to consult with us to ensure that the recommendations we make are the right ones for your financial situation.
  7. Service. The firm’s advisor-to-staff ratio is one of the best in the industry. This means that staff members attend to us promptly, execute transactions quickly and accurately, and, in general, offer first-class service to help us provide the same to you.
  8. Technology. Commonwealth’s secure, web-based platform allows us to efficiently and easily manage all aspects of your financial life and offer you easy access to your accounts through our website.
  9. Access to top management. Commonwealth’s business model and corporate culture allow us open access to the firm’s 13 managing partners, who have an average tenure of more than 24 years and a hands-on approach to day-to-day operations. The availability of this depth of knowledge translates directly into better, faster, more informed decisions for you.

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:

  • The Boston Globe
  • Boston Business Journal
  • San Diego Business Journal
  • The San Diego Union–Tribune
  • Computerworld


For More Information, visit www.commonwealth.com


*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


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