Certified Financial Advisor Serving the New York City area, Santa Fe (NM), and Clients Throughout the Country
Customized and comprehensive retirement planning and investment management solutions to deliver peace of mind for your unique circumstances.
(1) Investment Management
Service
We build diversified, tax-efficient investment portfolios tailored to reflect clients' needs and goals. Our objective is to ensure that our clients' investments are optimized while reducing their overall tax burden.
We construct and manage portfolios consisting of stocks and bonds, exchange-traded funds ("ETFs"), mutual funds, closed-end funds, and other public securities or investments.
We can also focus on socially and environmentally conscious investments (ESG investing) for individuals who wish to pursue those strategies.
Who We Serve
Wharton Wealth Planning can work with clients in three ways: (1) asset management on a continuous basis (2) flat-fee financial planning basis (3) one-time flat-fee investment portfolio review basis.
We work with you to manage the complex and multiple facets of your finances to meet your goals. We generally require a minimum account balance of $1,500,000 for our investment management services. However, we may waive or lower our minimum account balance requirement based on various criteria. Investment Management fees are computed at an annualized percentage of assets under management on a sliding scale as follows: $1,500,000 to $2,999,999 - .90%; $3,000,000 to $4,999,999 - .80%; $5,000,000 and above - .70%. Our fee structure is simple and transparent, with no additional hidden fees or agenda and no sales commissions. We have office locations in New York City, Bergen County (N.J.), and Santa Fe (N.M.) and can also work with clients virtually, regardless of location.
Our Process
We evaluate investments in a broad and holistic view, and each client's investment portfolio is reviewed so that individual investment criteria and risk tolerance can be taken into consideration.
We assess portfolios and make concrete suggestions on asset allocation (including concentrated stock analysis), risk-reward ratios, tax efficiency, and cost-effectiveness.
We employ a disciplined investment philosophy backed by academic and scientifically validated principles and processes.
Securities might be recommended for the client's portfolio for the purpose of generating income, capital appreciation, or providing a mix of price appreciation and current income.
In order to increase tax efficiency and help clients' long-term wealth goals, we utilize the appropriate taxable and nontaxable accounts.
Once the appropriate portfolio has been determined, we perform reviews to monitor the investments and, if necessary, rebalance the portfolio based upon the client's individual needs, goals, and objectives outlined in their financial plan.
More Questions? Please visit our FAQS page.
(2) Financial Planning for Retirement & More
Service
Financial plans are constructed by a fee-only, dual-credentialed CERTIFIED FINANCIAL PLANNER™ (CFP®) with an MBA to meet clients' unique and evolving situations and goals. We use a detailed discovery and analysis process to help create financial solutions that work best for you. Steps to create a plan include: (1) No-obligation Initial Meeting (2) Discovery (3) Evaluation of Strategy and Alternatives (4) Implementation and (5) Review.
To create your financial plan, we will use a secure planning platform (RightCapital) to get organized (link accounts, budgeting, cash flow, retirement goals and dates, etc.). We will work to incorporate all information that you share about your personal and financial goals and concerns. We'll build, revise, and adjust your plan to show numerous scenarios (and alternative scenarios) forward, along with our recommendations. At that point, we can determine your best path and the correct action steps.
Advisory services include:
Whether you are early in your career and starting to think about retirement or retired seeking to maximize portfolio returns and retirement income, we can help you. We welcome clients who need comprehensive ongoing financial-planning services, as well as those who simply need a flat-fee financial plan, consultation, or a second opinion.
Our financial planning and investment management processes focus on long-term tax minimization. We evaluate potential tax consequences in all areas of financial planning to uncover opportunities to reduce your taxes.
Our financial plan fees depend on the complexity of the plan and investment portfolio. In addition to providing detailed financial plans, Wharton Wealth Planning may also work on a flat-fee project basis or an hourly basis, depending on what best suits your needs. In instances when we manage assets directly for clients, a financial plan will be part of that service. Fee amounts will be stated upfront and agreed upon prior to the commencement of work. We have office locations in New York City, Bergen County (N.J.), and Santa Fe (N.M.) and can also work with clients virtually, regardless of location.
How to Proceed
Our process is to schedule a thirty-minute initial meeting to review a client's current situation and goals. If you decide to proceed, simply upload a list of requested information and documents to a secure online portal using a checklist we will provide. When the plan is complete, we have a one- to two-hour conference to review the plan, including a list of areas of opportunity and concern as well as follow-up action steps we recommend.
More Questions? Please visit our FAQS page.
Wealth Management Customized to Meet Your Goals
What can I expect as an ongoing client?
A continuous one-to-one relationship with an experienced certified professional with decades of experience.
Prompt responses to your phone calls and emails (within 24 hours).
A customized portfolio. We don't use model portfolios; instead, we let your plan guide the investments we use to build your strategy.
Fiduciary advice that's in your best interests. No commissions or hidden fees based on buy-and-sell decisions or product sales.
An open architecture model that allows us to choose from the full universe of products available across the marketplace (and helps us avoid the conflict of interest that exists when a firm only recommends its own products).
Proactive changes and rebalancing within your wealth management program.
A disciplined approach and long-term orientation to help free you from the emotional drama of news cycles and market cycles, so you can invest your time and energy in more gratifying pursuits.
Availability for ad-hoc planning meetings.
Updates on retirement-related legislation that is applicable to you.
24/7 website access and pricing updates to your financial accounts and statements.
Planning around major life changes.
Easy electronic account funding & withdrawal process.
Online private and secure document folder (with encrypted data security) to share, organize, and store important information.
Virtual Financial Advisor: Personalized Financial Advice
We can also offer investment advisory and financial planning services to clients primarily or entirely virtually (online and by phone). Virtual financial advice retains the high level of personal service that consumers value from their financial advisor. No matter where clients live, we are just a Zoom call away from a face-to-face meeting. In addition, we are always happy to meet at our Manhattan, New York or Santa Fe (N.M.) office locations.
Virtual advisors offer a different and often improved value proposition for some consumers and have been gaining in popularity for years. Virtual financial planning may appeal to professionals who travel frequently, clients who prefer the convenience of a digital interaction to an office meeting, or retirees who relocate for part of the year.