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.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Stonebridge Capital Management Find an Advisor||$204,935,419||$500,000|| || |
What We Use in Our Methodology
To find the top financial advisors in Paramus, 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:
- AUMFirms with more total assets under management are ranked higher.
- Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher.
- Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher.
- Age of FirmFirms that have been in business longer 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.
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."