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Snider Financial Group Review

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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.

Located in Bellevue, Washington, Snider Financial Group provides investment management and financial planning. The financial advisory firm currently oversees millions in assets under management (AUM). 

Snider Financial Group Background

Snider Financial Group first opened its doors in 2001. The firm has been operating as a registered investment advisor (RIA) since 2008. Founder and President Monte Snider holds Series 6, 63, 7, 65, 24, 53, and 3 with LPL Financial. He also is a chartered financial consultant (ChFC) and life underwriter training council fellow (LUTCF). The team also has a certified public accountant (CPA) and a chartered special needs consultant (ChSNC). 

Snider Financial Group Client Types and Minimum Account Sizes

Snider provides advice to a variety of clients including: 

  • Individuals
  • Banks or thrift institutions
  • Investment companies
  • Pension and profit-sharing plans
  • Trusts
  • Estates
  • Charitable organizations
  • Business entities

To establish an account, you’d generally need a minimum investment of $200,000. However, the firm may reduce or waive this requirement at its discretion. 

Services Offered by Snider Financial Group

Snider Financial Group designs diversified investment portfolios on behalf of its clients. The firm’s advisors also provide financial planning advice on the following topics: 

  • Cash flow
  • Education funding through 529 college savings plans and other vehicles
  • Retirement planning
  • Tax management
  • Estate planning

Snider Financial Group Investment Philosophy

Snider Financial Group strives for strong returns while minimizing risk. In selecting securities, it engages in cyclical, fundamental and technical analysis to make its investment decisions. 

The firm turns to various sources for information such as financial media, market research, fund prospectuses and more. 

Fees Under Snider Financial Group

Hourly fees for financial planning services range up to $500. For investment management services, the firm charges fees based on a percentage of assets under management. Below is the firm’s current tiered fee schedule: 

Account Balance Annual Fee
$200,000 to $749,999 1.50%
$750,000 to $999,999 1.25%
$1,000,0000 to $1,999,999 1.00%
$2,000,000 to $4,999,999 0.90%
$5,000,000 to $9,999,999 0.75%
$10,000,000+ 0.60%

The chart below shows estimated fees based on the above schedule:

Estimated Investment Management Fees at Snider Financial Group*
Your Assets Snider Financial Group Maximum Fee Amount
$749,999 $11,250
$999,999 $14,375
$1,999,999 $24,375
$4,999,999 $51,375
$9,999,999 $88,875
*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. 

Learn more about advisors' typical costs here.

What to Watch Out For

Some Snider Financial Group advisors are also licensed insurance agents and broker representatives. These multiple roles can pose a potential conflict of interest. They can also be confusing to clients, as sales roles require a lower standard of care when making a recommendation than the advisor role requires. When receiving advice, particularly a product recommendation, make sure you know what it is based on, and how your advisory or the firm may benefit.

According to its most recent filings with the Securities and Exchange Commission, Snider Financial Group has not undergone, within the past 10 years, any disciplinary actions that may be material to a potential client’s fair evaluation of the firm’s business integrity. 

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

Tips for Finding the Right Financial Advisor

  • 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.
  • Ask how many times a year prospective advisors will go over your finances with you. The right answer, of course, depends on your needs and expectations. But once or twice a year should be the minimum.

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