1650 WEALTH MANAGEMENT, LLC

About

1650 Wealth Management, LLC is a highly reputable financial advisory firm based in New York City. Founded in 2005 by a team of experienced professionals, the firm provides personalized financial planning and investment management services to individuals, families, and businesses. With a combined experience of over 50 years, their 10 advisors take a holistic approach to financial planning, considering each client's unique needs, goals, and risk tolerance.

The firm manages over $500 million in assets and has a client retention rate of 95%. Their services include investment management, retirement and estate planning, tax planning, insurance services, and education planning. They work with clients from all backgrounds and do not have any specific income or asset requirements. 1650 Wealth Management, LLC operates under a fee-based structure, with fees typically around 1% per year based on the client's assets under management.

The team at 1650 Wealth Management, LLC has a diverse background and holds various certifications, including CFP and CFA. They are committed to staying up-to-date on industry changes and trends. As a registered investment advisor, the firm has a fiduciary duty to act in the best interest of their clients and must disclose any potential conflicts of interest. Clients can expect transparency and a detailed Form ADV, outlining services, fees, and any disciplinary actions or conflicts of interest from the firm.

Facts & Insights

1650 Wealth Management, LLC has a team of 10 financial advisors who have a combined experience of over 50 years in the industry. The firm manages over $500 million in assets and has a client retention rate of 95%. The advisors at 1650 Wealth Management, LLC take a holistic approach to financial planning, taking into account each client's individual needs, goals, and risk tolerance.

Fees & Compensation

1650 Wealth Management, LLC operates under a fee-based structure, meaning they receive compensation directly from clients for the services they provide. This fee is based on a percentage of the client's assets under management and is typically around 1% per year. The firm prides itself on transparency and ensuring that clients fully understand the fees and compensation structure before entering into a working relationship.

Background

The team at 1650 Wealth Management, LLC comes from diverse backgrounds, including finance, accounting, and law. They are all highly educated and hold various certifications, including Certified Financial Planner (CFP) and Chartered Financial Analyst (CFA). The firm's advisors are also committed to furthering their education and staying up-to-date on industry changes and trends.