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Top Financial Advisors in Paramus, NJ

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Finding a Top Financial Advisor Firm in Paramus, New Jersey

If you're looking for a financial advisor to work with in Paramus, New Jersey, we've compiled this list of the town's top firms. We go over everything you'd want to know about these firms, including their investment strategies, minimums, services and more. You can also try using SmartAsset's free financial advisor matching tool to connect with up to three advisors in your area.

Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Stonebridge Capital Management Stonebridge Capital Management logo Find an Advisor

Read Review

$204,935,419 $500,000
  • Financial planning
  • Portfolio management

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management

How We Found the Top Financial Advisors in Paramus, New Jersey

To find the top financial advisors in Paramus, New Jersey, we first identified all firms registered with the SEC in the state. 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:

Stonebridge Capital Management

Stonebridge Capital Management

Stonebridge Capital Management is the only firm currently on our list. Despite a small staff, advisors at the firm have multiple certifications, including two certified financial planners (CFPs), one certified retirement planning counselor (CRPC), one chartered life underwriter (CLU) and one chartered financial consultant (ChFC).

The firm's client base is made up of mainly individuals, but also includes pension and profit-sharing plans, charitable organizations and businesses. Stonebridge has a minimum account balance of $500,000. However, the firm may decide to decrease or waive this requirement at its own discretion.

Stonebridge is a fee-based financial advisor firm, so some of its advisors can receive commissions from the sale of specific insurance products like annuities or securities. While this represents a potential conflict of interest, Stonebridge is still bound by fiduciary duty, legally obligating it to act with your best interest in mind.

Stonebridge Capital Management Background

Stonebridge Capital Management was founded in 1991 by current firm president Dino Kostakis. However, Stonebridge didn't become registered with the SEC until 1992. CEO Jeffrey Levitt and Kostakis are the firm's principal owners, and they have around 60 years of experience between them.

Stonebridge offers stand-alone financial planning and consulting services to clients, along with discretionary investment management services. This involves:

  • Investment policy statement (IPS) development
  • Comprehensive investment reporting
  • Income tax analysis
  • Estate planning
  • Wealth transfer
  • Retirement planning
  • 401(k) and Social Security planning
  • Cash flow planning

Stonebridge Capital Management Investment Strategy

Stonebridge Capital Management uses fundamental and technical methods of analysis to figure out what the intrinsic value of securities are so it can decide whether they're good investments or not. In implementing investment plans, advisors typically rely upon both long- and short-term purchases. Which your portfolio utilizes more of will depend on your personal risk tolerance.

Your risk preferences also dictate the type of investment strategy your portfolio uses. These range from "aggressive" to "growth" to "growth and income" to "fixed-income."

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