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Top Financial Advisors in Hauppauge, NY

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding a Top Financial Advisor Firm in Hauppauge, New York

Looking for a financial advisor in Hauppauge, New York? Our experts have compiled this list of the top firms serving the city to help you find one that meets your needs. Below, we detail each firm's services, client base, minimum investments, certifications and more. To expand your search, use SmartAsset's free advisor matching tool. It will connect you with up to three advisors who serve your area.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Lebenthal Global Advisors, LLC Lebenthal Global Advisors, LLC logo Find an Advisor

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$709,351,083 No set account minimum
  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
2 CCG Investments CCG Investments logo Find an Advisor

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$1,255,500,000 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
3 United Financial Planning Group, LLC United Financial Planning Group, LLC logo Find an Advisor

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$177,037,876 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
4 Conrad Capital Management, Inc. Conrad Capital Management, Inc. logo Find an Advisor

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$83,127,595 $100,000
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops

Minimum Assets

$100,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops

What We Use in Our Methodology

To find the top financial advisors in Hauppauge, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria.

Lebenthal Global Advisors

Lebenthal Global Advisors (LGA), a fee-based firm with no minimum account size requirement, is No. 1 on our Hauppauge list. The firm works primarily with individuals, most of whom do not have high net worths. The only institutional clients at the firm are pension and profit-sharing plans.

Portfolio management fees are based on a percentage of assets under management and financial planning fees are generally fixed and determined in advance. However, some advisors have also licensed insurance agents and/or representatives of a broker-dealer. As a result, they can earn commissions on certain transactions, creating a conflict of interest. Despite this conflict, the firm must abide by its fiduciary duty to always act in its clients' best interests. 

Lebenthal Global Advisors Background

Originally founded in 1925, LGA was purchased and is currently principally owned by Michael Hartzman and Dominick Tavella. Michael serves as the President of the Financial Services division while Dominick serves as President of Lebenthal Global Advisors.

Services provided by LGA include portfolio management, a wrap fee program and financial planning. The firm can also assist in the selection of third-party advisors, including private fund managers. Financial planning services may involve advice on budgeting and cash flow, retirement planning, estate planning and other areas of a client's financial life.

Lebenthal Global Advisors Investment Strategy

Like most other financial advisory firms, LGA starts by working with a client to determine their investment objectives, risk tolerance and any other relevant information about their financial situation. The firm then designs a customized portfolio or allocates the client's assets to pre-built model portfolios. Mutual funds and exchange-traded funds (ETFs) make up the majority of the investments at LGA.

CCG Investments

CCG Investments, also known as CFM Advisors, is a fee-only firm that primarily works with pension and profit-sharing plans, but also serves individual clients above and below the high-net-worth threshold. 

The firm does not require clients to maintain a minimum account size. Fees for portfolio management and pension consulting are based on a percentage of a client's assets under management. Fees for financial planning, on the other hand, are charged on a fixed basis. 

CCG Investments Background

CCG Investments, which began operations in 1996, is owned by Apollo Lunar Module Limited Partnership, an entity owned by Michael S. Russo. 

In addition to portfolio management and pension consulting services, the firm offers financial planning to clients, covering a variety of topics that may include:

  • Budgeting and financial goals
  • Tax and cash flow
  • Investments
  • Insurance
  • Retirement planning
  • Death and disability
  • Estate planning 

CCG Investments Investment Strategy

CCG Investments manages accounts on a non-discretionary basis, meaning clients must approve portfolio transactions and decisions. The firm typically purchases securities with the idea of holding them for at least one to avoid higher tax implications. CCG Investments does not limit its advice to particular securities and will recommend a variety of investments, including exchange-listed securities, securities traded over-the-counter, corporate debt securities, certificates of deposit, municipal securities, variable life insurance, variable annuities, mutual fund shares, U.S. governmental securities and interests in partnerships investing in real estate.

United Financial Planning Group

United Financial Planning Group, the next firm on our list, only works with individual clients, the majority of whom have high net worths. The firm does not impose an account balance minimum for those looking to open an account. United Financial is a fee-only firm, which means that its compensation comes only from client fees — not commissions from third-party companies.

The team at United Financial includes certified financial planners (CFPs), certified public accountants (CPAs), enrolled agents (EA), and personal financial specialists (PFS). Advisors may hold more than one professional designation.

United Financial Planning Group Background

Gerald Barrasso is the president, principal owner, and financial advisor at United Financial. Barrasso, who founded the firm in 2007, holds the CFP, CPA and PFS designations. He has been working in the financial services industry since 1991.

United Financial provides an array of asset management services, which are tailored to fit the individual needs and objectives of clients. The firm also offers financial planning services to help clients meet their own individual goals. These offerings include retirement planning, investment planning, income tax planning, college savings planning, cash flow analysis and more.

United Financial Planning Group Investment Strategy

In an effort to help clients work towards their ultimate investment goals, United Financial places their needs at the center of the firm's portfolio management strategy. This involves doing a deep dive into the client's profile, detailing their risk tolerance, time horizon, income needs and more. Clients have the right to impose reasonable restrictions on the discretionary management of their assets.

In general, though, the firm pursues passive investment strategies as opposed to active trading. It favors a long-term approach to investing and uses a range of mutual funds, exchange-traded funds (ETFs), individual stocks and other securities.

Conrad Capital Management

The final practice on our list of top-rated firms in Hauppauge is Conrad Capital Management. This fee-based firm has a client base primarily composed of non-high-net-worth individuals, although Conrad also works with some with high net worths, as well as pension and profit-sharing plans. 

Account minimums range from $100,000 for the firm's money management and concierge services to $250,000 for fixed income portfolio management.

As a fee-based firm, some Conrad advisors are representatives of a broker-dealers and/or licensed insurance agents. As a result, they may earn commissions on the sale or recommendation of certain products or services, creating a conflict of interest. However, Conrad and its advisors have a fiduciary duty to always serve the client's best interests.

Conrad Capital Management Background

Donald Conrad founded his namesake firm in 1997 after serving as a vice president at both Shearson, Lehman, Hutton and PaineWebber. Conrad remains the firm's principal owner. 

Conrad Capital Management offers both discretionary and non-discretionary money management services, meaning some clients give the firm full control over their accounts while others want to sign off on individual moves and decisions. The firm also provides concierge or consulting services that can touch on a variety of topics, including estate planning, accounting needs, business services and general financial needs, like a real estate sale or car purchase. 

Conrad Capital Management Investment Strategy

In general, the firm offers investment advice on a range of asset classes, including mutual funds, exchange-traded funds (ETFs), equity securities, warrants, corporate debt, commercial paper, certificates of deposit (CDs), municipal securities, U.S. government securities and initial public offerings (IPOs). Conrad Capital Management has proprietary investment strategies but typically focuses on long-term investments that are held for over a year. 

Individual investment approaches may focus more heavily on equities, mutual funds or ETFs, fixed income instruments, and alternative investments, depending on the client's needs and tolerance for risk. 

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research