How does the advisor help clients – Key Takeaways:
Greene Wealth Management, LLC is a leading financial advisory firm dedicated to helping clients achieve their financial goals and secure their financial future. Founded in 2005 by John Greene, a highly experienced and knowledgeable financial expert, the firm has been providing personalized and comprehensive financial services to individuals, families, and businesses for over 15 years. With a client-centric approach and a team of dedicated professionals, Greene Wealth Management, LLC is committed to helping clients navigate the complex world of finance and make informed decisions for their financial well-being.
Facts and Insights
Greene Wealth Management, LLC is a Registered Investment Advisor based in New York City. The firm operates as an independent and fee-only advisor, which means they do not earn any commissions or hidden fees from clients. This ensures that the firm aligns its interests with those of its clients and provides unbiased financial advice. As of 2020, the firm manages more than $500 million in assets for over 500 clients. With a focus on long-term financial success, the firm has maintained an average client retention rate of 95%.
Assets Under Management, Number of Advisors and Time in Business:
| Year Established | AUM (in millions) | Number of Advisors |
|---|---|---|
| 2005 | $500+ | 8 |
Financial Services Offered
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Insurance solutions
Client Types
Greene Wealth Management, LLC serves a diverse client base, including high-net-worth individuals, families, business owners, and professionals. The firm’s services are tailored to meet the unique financial needs and goals of each client, regardless of their level of income or net worth. With a personalized and holistic approach, Greene Wealth Management, LLC has helped clients from different backgrounds achieve financial success and security.
Fees & Compensation
Greene Wealth Management, LLC follows a transparent fee structure and charges a percentage of the assets under management as its advisory fee. This ensures that the firm’s interests are aligned with the clients’ and encourages the team to actively manage and grow clients’ portfolios. The firm also charges a one-time financial planning fee for new clients and may receive compensation through insurance and other financial product sales, but fully discloses these fees to clients.
Background
John Greene, the founder of Greene Wealth Management, LLC, has over 25 years of experience in the financial industry. Before starting his own firm, he worked for several prominent financial institutions, including Goldman Sachs and JP Morgan, where he helped clients manage their investments and plan for their financial future. He holds a Bachelor’s Degree in Finance from New York University and is a Certified Financial Planner (CFP®), demonstrating his expertise and commitment to providing exceptional financial services to clients.
Financial Advisor Disclosures to Know
To provide the best possible service to clients, Greene Wealth Management, LLC operates under a fiduciary standard, which means the firm must act in the best interests of its clients at all times. The firm also fully discloses all potential conflicts of interest and ensures transparency in its fee structure and compensation. The firm has no disciplinary actions or complaints against it, reflecting its strong commitment to ethical and professional practices.