Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Tap on the profile icon to edit
your financial details.

SDM Advisors Review

Your Details Done
by Updated

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.

SDM Advisors (SDMA) is a wealth management firm headquartered in San Francisco. Unlike many advisory firms, SDMA doesn’t offer asset management services. The firm only offers financial planning and retirement planning services. 

If you’re in need of a registered investment advisor (RIA) firm that offers portfolio management, SmartAsset’s free financial advisor matching service can help you.

SDM Advisors Background

SDMA was established in 2012 by partners Stephen D. Mayer and Richard A. Hillsbery. The firm says it specializes in estate planning, investment guidance, insurance and tax planning and retirement planning. Though based in San Francisco, SDMA also has an office in Menlo Park, California. The firm is a member of BDO Alliance, a national association of accounting, consulting and service firms.

SDMA’s team includes such certifications as certified public accountant (CPA), personal financial specialist (PFS) and certified financial planner (CFP).

SDM Advisors Client Types and Minimum Account Sizes 

SDMA serves individuals, plan sponsors, trusts, estates, charitable foundations, corporations and other businesses. The firm hasn’t specified a minimum account size requirement, probably because they don't work with the assets of clients directly.

Services Offered by SDM Advisors

SDMA offers the following advisory services:

  • Financial planning
  • Pension consulting 
  • Selection of other advisors

SDM Advisors Investment Philosophy 

SDMA says it strives to provide holistic personal and business advice which reflects its years of combined service experience. In offering money manager referral services, the firm assists clients in determining investment objectives and portfolio strategies. 

Fees Under SDM Advisors

For financial planning, clients have two options when it comes to paying management fees: hourly fees or flat rates. Hourly fees range from $200 to $500 per hour, while flat fees span from $2,500 to $10,000.

SDM Advisors Awards and Recognition

SDMA has earned much recognition over the past few years. The San Francisco Business Times ranked SDMA as one of its 2018 Fast 100 -- a ranking that recognizes the 100 fastest-growing private companies in the Bay Area. The firm has also been named a “Best Place to Work” by the San Francisco Business Times. 

What to Watch Out For

SDMA offers various financial planning, retirement planning and wealth management solutions, but the firm doesn’t provide portfolio management services. If you’re looking for a firm that does, consider using our free financial advisor matching tool.

Certain advisors here can receive third-party compensation in addition to client-paid fees. Although this can induce a potential conflict of interest, the firm's fiduciary duty requires it to act in clients' best interests at all times.

Opening an Account With SDM Advisors

To become a client of SDMA, simply call (415) 691-4040 or visit the contact page on the firm's website.

All information is accurate as of the writing of this article.

Tips for Retirement Planning

  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • The best time to begin saving for retirement is now. Whether you use budgeting, investing or simple saving strategies, it's never too soon to begin planning for your post-employment years. Not sure exactly how much you'll need to retire comfortably? Our retirement calculator can help. The calculator asks you questions about your location, annual income and other financial factors to determine how much you'll need to save monthly in order to reach your retirement goal. 

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.

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