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Snowden Lane Partners 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.

Snowden Capital Advisors, also known as Snowden Lane Partners, is a New York City-based investment advisory firm. It serves high-net-worth clients including individuals, family offices and foundations. The firm also provides advice through other financial services institutions it works with.

Snowden Lane Partners Background

Snowden Capital Advisors, which also goes by the name Snowden Lane Partners, launched in 2011. It’s owned by Snowden Capital Partners LLC and its team includes such affiliations as chartered financial analyst (CFA) and certified financial planner (CFP). Some of its representatives are also registered with SAS, an affiliated broker-dealer.

Snowden Lane Partners Client Types and Minimum Account Sizes

Snowden Capital Advisors works with a variety of clients including: 

  • Individuals (both with and without a high-net-worth)
  • Companies and other business entities
  • Foundations
  • Charitable organizations
  • Trusts
  • Pension plans
  • Endowments
  • Investment funds

New clients must have at least $100,000 ready to invest in order to become clients of the firm.

Services Offered by Snowden Lane Partners

Snowden Capital Advisors delivers investment and portfolio management services. It may recommend independent third-party firms. Advisors also offer financial planning covering the following topics: 

  • Retirement planning
  • Insurance
  • Liability management
  • College savings plans
  • Cash management
  • Lending solutions
  • Insurance and annuities
  • Private banking services
  • Trusts, estates and generational planning
  • Philanthropy/impact investing
  • Professional services referrals
  • Family office services

Snowden Lane Partners Investment Philosophy

Snowden Capital Advisors makes investment recommendations based on a client’s particular financial needs, risk profile and time horizon. It uses this data to devise asset allocations appropriate to the client or to recommend independent third-party managers. 

Fees Under Snowden Lane Partners

In general, the firm charges investment advisory fees as a percentage of the client’s assets under management (AUM). It charges fixed fees for financial planning and asset allocation services. That said, the firm does not have a set fee schedule. Instead, its fees are negotiable on a client-by-client basis. The minimum annual fee for SCA accounts typically ranges up to $2,000.

What to Watch Out For

Snowden Capital Advisors has a clean legal and regulatory record in the eyes of the SEC.

Additionally, advisors may have dual or triple roles as representatives of broker-dealers and licensed insurance agents. Wearing multiple hats poses potential conflicts of interest. That said, Snowden Capital Advisors operates as a fiduciary and thus is obligated to provide investment advice in the best interests of its clients. 

Opening an Account With Snowden Lane Partners

If you're a potential client who'd like to open an account with this firm, give them a call at (646) 218-9760. You can also go to the firm's website and hit "find a financial advisor."

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

Tips for Finding the Right Financial Advisor

  • Choosing a financial advisor to work with can be a difficult process to get going. However, 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 advisor candidates how much liability insurance they have. The correct answer should cover the amount you plan on putting under the advisor’s management. So if they say $25,000 per incident and you have $50,000 to invest, that’s clearly not enough coverage.

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