Finding the Top Financial Advisor Firms in Bethlehem, PA
Choosing a financial advisor just got a lot easier. We did all the hard work, digging up data and comparing different firms. Now all you have to do is read our list of the biggest six firms in Bethlehem. Check out who rose to the top this year.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Cornerstone Advisors Asset Management, LLC Find an Advisor||$5,807,385,798||Varies|| || |
|2||McQueen, Ball & Associates, Inc. Find an Advisor||$1,218,567,335||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Valley National Advisers Inc. Find an Advisor||$897,166,293||No set account minimum|| || |
Minimum AssetsNo set account minimum
|4||Quadrant Family Wealth Advisors Find an Advisor||$582,358,900|| |
| || |
|5||Youngs Advisory Group, Inc. Find an Advisor||$400,073,698||$1,000,000|| || |
|6||Corbenic Partners, LLC. Find an Advisor||$379,022,829||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||MtM Financial Group, LLC Find an Advisor||$224,000,000||$100,000|| || |
How We Found the Top Financial Advisors in Bethlehem, PA
The team at SmartAsset began by conducting research and gathering information about all financial advisor firms in the area that are registered with the Securities and Exchange Commission (SEC). We then removed firms that have faced disciplinary action in the past 10 years. We also eliminated advisory groups that did not provide financial planning or whose client base was less than 50% individual accounts. Finally, we ranked what was left on the list, from largest to smallest, based on assets under management.
Cornerstone Advisors Asset Management, LLC.
Cornerstone Advisors Asset Management tops our list with more than $5 billion in assets under management. The firm doesn’t impose a set account minimum for its services, though it notes, “We do have target client sizes that vary dependent on advisor, client type, relationship and breadth of services.” At its own discretion, the firm may choose not to work with a particular client outside of its particular target size.
Fittingly, the fee-based firm has a large staff. It collectively features 11 accredited investment fiduciaries (AIFs), four chartered retirement plan specialists (CRPS), three certified financial planners (CFPs), three chartered financial analysts (CFAs), two chartered financial consultants (ChFCs), one chartered advisor for senior living (CASL), one retirement income certified professional (RICP), one chartered life underwriter (CLU) and five financial paraplanner qualified professionals (FPQPs). (Advisors may have multiple professional accreditations.)
Cornerstone Advisors Asset Management Background
Cornerstone began offering investment advice in 1998. Today, Cornerstone Benefits, Inc. (CBI) owns the firm. According to records it filed with the SEC, the firm works with about as many high-net-worth individuals as it does with persons outside that scope. It also extends its services to charities, profit-sharing plans and governmental entities.
The firm can provide guidance around many aspects of your financial life such as managing debt, retirement savings, estate planning and tax concerns.
Cornerstone Advisors Asset Management Investment Strategy
Cornerstone aims to build diversified portfolios that adhere to the client’s investment goals, tolerance for risk and other key factors. To determine the proper asset allocation for its clients, the firm also takes into account market conditions and available research. Using research compiled by major firms in the industry, the firm notes, “these are prognostications of what can be expected over the next 5, 10 and 15 years from these sources and can vary significantly from historical measures.” The firm uses those sources to model out the returns it expects from particular portfolios.
McQueen, Ball & Associates, Inc.
McQueen, Ball & Associates currently holds more than $1 billion is assets under management. The fee-based firm does not impose an account minimum. However, it mostly works with high-net-worth individuals.
The team collectively has four certified financial planners (CFPs) and one chartered financial analyst (CFA). (Advisors may have multiple professional accreditations.)
McQueen, Ball & Associates Background
McQueen Ball began operations in 1988. Its main owner is Jerry McQueen, who still works for the firm. Today, it provides an array of financial management services, specializing in the following areas:
- Investment management
- Charitable giving
- Estate planning
- Multi-generational planning
The firm’s clients are mainly individuals, but it also works with businesses and charities.
McQueen, Ball & Associates Investment Strategy
McQueen Ball generally focuses on long-term investing strategies based on a top-down asset allocation model. Depending on your investment goals and risk profile, the firm may deploy passive or active management strategies. The latter aims to outperform market indices while the former may involve less cost and risk by attempting to mimic these indices instead.
The practice also offers its own model portfolios including a dividend growth and a municipal bond portfolio. At all stages of the process, the firm attempts to consider tax implications. McQueen Ball elaborates: “A philosophy of a low turnover, tax-managed approach permeates our thinking. Knowledgeable use of tax strategies and laws combined with state of the art technology permits us to quickly and efficiently manage these assets.”
Valley National Advisers Inc.
Valley National Advisers (VNA) has more than $800 million in assets under management. The firm doesn’t impose an account minimum for its services. However, it may require a minimum annual fee of $1,500.
The advisory team at VNA collectively holds several notable industry designations. You would have access to nine certified financial planners (CFPs), four certified public accountants (CPAs), one personal financial specialist (PFS) and one accredited estate planner (AEP).
Valley National Advisers Background
VNA registered as an investment advisor in 1985. Thomas M. Riddle, chairman and founder, owns 100% of this fee-based firm. VNA specializes in the following areas:
- Tax services
- Trust services
- Insurance planning
- Retirement planning
- Education funding through 529 plans and more
- Investment management
Overall, the firm works mostly with high-net-worth individuals and their related trusts, estates and other entities.
Valley National Advisers Investment Strategy
VNA seeks to build an investment strategy that takes your risk tolerance into consideration while achieving your financial goals. In order to do this, the firm may engage in the following:
- Long-term purchases (securities held at least a year)
- Short-term purchases (securities held less than a year)
- Trading (securities sold within 30 days)
- Margin transactions
Quadrant Family Wealth Advisors
Quadrant Private Wealth Management holds more than $600 million in assets under management. Its team features six advisors that include two certified private wealth advisors (CPWAs) and one certified financial planner (CFP).
Quadrant Private Wealth Management Background
Quadrant Private Wealth Management registered as an investment advisor in 2014 under the name Quadrant Private Wealth. Today, it offers an array of wealth planning and portfolio management services. Most of the firm’s client base is composed of high-net-worth individuals.
The firm is a wholly owned subsidiary of Focus Operating, LLC. It provides various wealth management services and can offer guidance around several topics including the following:
- Business planning
- Cash flow forecasting
- Trust and estate planning
- Financial reporting
- Charitable giving
- Distribution planning
- Tax planning
- Manager due diligence
Quadrant Private Wealth Management Investment Strategy
Quadrant Private Wealth Management seeks to build diversified portfolios by evaluating securities utilizing fundamental analysis and other techniques. This entails studying company financials, sector conditions, market projections, readily available market research and other data to make investment decisions.
Youngs Advisory Group, Inc.
The Youngs Advisory Group is a fee-only investment advisory firm. This means it doesn’t collect compensation from mutual fund companies and other third parties for selling or recommending certain products. It collects fees only based on the services it provides to you.
The firm currently holds more than $400 million in assets under management. The team features one certified financial planner (CFP) and one chartered financial analyst (CFA). To open an account with the firm, you need at least $1 million.
Youngs Advisory Group Background
Youngs Advisory Group has been in operation since 1996. The firm’s principal shareholders are Webster J. Youngs, John G. Youngs and James M. Beenders. All three still work for the firm.
The team’s advisors provide financial planning and investment management services. The firm’s advisors can build a comprehensive financial plan addressing multiple tasks based on your individual needs. The firm constructs this plan based on the data you provide. The firm uses thorough personal interviews to gather information about your financial standing, tax status, future goals and risk tolerance. The firm also reviews financial documents you supply and may ask you to fill out a detailed questionnaire. “If you choose to implement the recommendations we make, we suggest you work closely with your attorney, accountant, insurance agent, and/or other similar professionals with whom you work,” the firm says. “Implementation of financial plan recommendations is entirely at your discretion.”
Youngs Advisory Group Investment Strategy
The firm creates diversified portfolios based on your personal financial and investment goals. But it generally focuses on long-term investments, typically holding positions for at least one year or longer. Young Advisory Group states, “We are generally not seeking to time the markets with short-term trades; we want exposure to a broad assortment of asset classes and styles, and we want to maintain this over time.”
Corbenic Partners, LLC.
Corbenic Partners is a fee-based advisory firm with more than $300 million in assets under management. There is no minimum investment for asset management services, but the firm imposes a minimum fee of $7,500 for such services. The advisory team has one certified financial planner (CPA) and one chartered financial analyst (CFA).
Corbenic Partners Background
Corbenic Partners formed in 1998. Brad Griswold, Robert Vitale, Anthony Deutsch and Anthony Bragano currently own the firm. Griswold is the firm’s managing partner. According to the firm’s most recent filings with the SEC, Corbenic Partners serves about as many high-net-worth individuals as it does non-high-net-worth ones. It also works with fewer than 10 businesses.
Corbenic Partners Investment Strategy
Like many firms on this list, Corbenic Partners aims for strong returns and achieving long-term goals of clients by prioritizing asset allocation strategies and market research. When building your portfolio, the firm considers your risk tolerance and financial situation. It also utilizes the following methods:
- Charting - analysis performed using patterns to identify current trends and trend
- reversals to forecast the direction of prices
- Fundamental - analysis performed on historical and present data, with the goal of
- making financial forecasts
- Technical – analysis performed on historical and present data, focusing on price and trade volume, to forecast the direction of prices
MtM Financial Group, LLC
MtM Financial Group is a financial advisory firm with more than $2.24 million in assets under management (AUM). To open an account with the firm, you’d need a minimum account size of $100,000. However, the firm works primarily with individuals outside the realm of high-net-worth. It also provides services to businesses and profit-sharing plans.
The firm operates on a fee-based capacity. This means employees or related persons may be registered to sell certain products and earn commissions for making specific recommendations even if they don’t necessarily work in your best interest. But its Code of Ethics stresses that advisors must always uphold their duties as fiduciaries.
MtM Financial Group, LLC Background
MtM Financial Group provides advice around several financial topics including portfolio management, estate planning, trust funds and education funding through vehicles like 529 college savings plans. In addition, the firm produces content around such topics for a tv show and a radio segment. The firm’s staff also provides income tax services.
It can trace its roots back to 2008. The firm is currently owned by Gene Dickison. The advisory team includes one accredited asset management specialist (AAMS).
MtM Financial Group, LLC Investing Strategies
MtM Financial Group creates and monitors investment portfolios on behalf of its clients. It also emphasizes cash flow strategies from these investments at retirement. It's securities selection process hinges on modern portfolio theory. This prioritizes diversification in order to capture strong returns and protect against market risk.