Finding a Top Financial Advisor Firm in Syracuse, New York
With so many options to choose from, it may be hard to find the right financial advisor in Syracuse, New York. That’s why we did the research for you to bring you the top financial advisors in Syracuse. You can expedite the process even more by using our financial advisor matching tool. It recommends up to three vetted advisors who serve your area.
Find a Fiduciary Financial AdvisorWe match more than 50,000 people with financial advisors per month. Get connected to an advisor that serves your area today.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Rockbridge Investment Management, LLC Find an Advisor||$1,262,908,782||No set account minimum|| || |
Minimum AssetsNo set account minimum
|2||ETFidea, LLC Find an Advisor||$319,437,457||$25,000|| || |
|3||Adirondack Capital Advisors, LLC Find an Advisor||$251,135,100||$250,000|| || |
|4||Rialto Wealth Mangement Find an Advisor||$218,567,000||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||Blue Water Capital Management, LLC Find an Advisor||$150,198,210||$50,000|| || |
|6||Armory Capital Management, LLC Find an Advisor||$113,576,583||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||OneGroup Wealth Partners, Inc. Find an Advisor||$37,204,573||No set account minimum|| || |
Minimum AssetsNo set account minimum
What We Use in Our Methodology
To find the top financial advisors in Syracuse, 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 obtained through public records and is updated annually after the firms’ form ADV filing. 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. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
Rockbridge Investment Management
Rockbridge Investment Management is a fee-only firm that provides financial planning and portfolio management services. It works with both non-high-net-worth and high-net-worth individuals, as well as retirement plans, charities and corporations.
RIM’s staff holds multiple certifications, including certified financial planners (CFPs), chartered financial analysts (CFAs) and certified private wealth advisors (CPWAs).
This firm doesn't require a minimum investment to open an account.
Rockbridge Investment Management Background
Rockbridge Investment Management launched in 1997. It’s currently owned by Craig Buckhout and Anthony Farella, both of whom are employees.
The firm’s advisors offer portfolio management and financial planning services. Your financial plan may cover some or all of the following subjects:
- Retirement savings
- Cash flow analysis
- Tax planning
- Estate planning
Rockbridge Investment Management Investing Strategies
Rockbridge Investment Management primarily invests client assets in passively managed mutual funds and exchange-traded funds (ETFs). It evaluates these funds by examining their past performance, underlying securities they are built with and other financial factors. The firm’s overall goal is to create diversified investment portfolios that adhere to a client’s investment goals and risk tolerance.
When formulating its advice, the firm considers various sources such as major publications that follow market data and overall economic conditions.
ETFidea builds portfolios primarily with exchange-traded funds (ETFs). The firm works with both non-high-net-worth and high-net-worth individuals, as well as retirement plans and corporations.
Some of the firm's employees may be licensed insurance agents with unaffiliated firms, which means they may earn commissions. Although this is a potential conflict of interest, the firm's fiduciary duty means it must act in clients' best interests.
To open an account with ETFidea, you typically need a minimum investment of $25,000.
ETFidea first opened its doors in 2002. It is a wholly owned subsidiary of Diversified Capital Management, a brokerage firm. William T. Kriesel and Michael D'Avirro.
ETFidea Investment Strategies
Advisors at ETFidea would consider several personal factors such as your risk tolerance and financial goals in order to build and manage a portfolio that can help you meet your needs. As noted earlier, ETFidea primarily constructs client portfolios with ETFs. An ETF is a basket of securities (stocks and bonds) that track an index and trade like common stocks. ETFidea considers the universe of ETFs when making asset allocation decisions.
Adirondack Capital Advisors
Adirondack Capital Advisors is a fee-only firm that serves clients with a minimum account of $250,000.
The firm provides a combination of retirement planning and overall investment management services. It works with both non-high-net-worth and high-net-worth individuals, as well as retirement plans, charities and businesses.
Adirondack Capital Advisors' Background
Adirondack has been serving both individual and employer clients since 2003. The firm's primary advisors have been working with retirement plan sponsors (employers) for over 30 years.
Adirondack is founded and managed by Patrick J. Dooley who serves as the firm's CEO, CCO, and CIO.
The firm specializes in helping people prepare for retirement with proper planning and overall asset management. The firm officially offers these services:
- Retirement planning
- Estate planning
- College planning
- Cash flow management
- Debt management
- Employment benefits
Adirondack Capital Advisors Investing Strategy
Adirondack only manages its client assets on a discretionary basis, meaning they make all the investment decisions without having to consult with any of their clients.
The firm works with each client to find an individualized investment approach, even providing a suggested portfolio to the client before investing. They factor in a client's risk tolerance, predefined objectives, financial horizon, liquidity needs, time horizon, and other factors to make all investment decisions.
Adirondack's most commonly recommended types of securities are:
- Managed mutual funds
- Index-based exchange-traded funds (ETFs)
Rialto Wealth Mangement
Rialto Wealth Management is a fee-only firm that works with both non-high-net-worth and high-net-worth individuals, as well as retirement plans, charities and corporations.
For clients engaging in portfolio services, the firm imposes an asset management fee that is based on a percentage of assets. This rate is higher for smaller balances and goes down with larger accounts.
Financial planning clients who do not engage in investment management will have to pay a fixed fee of $2,500 for each financial plan.
Rialto Wealth Management does not have any minimum requirements for opening or maintaining an account.
Rialto Wealth Management Background
Rialto Wealth Management is registered as an investment advisor firm with the U.S. Securities and Exchange Commission (SEC).
Michael L. Antonacci, Edward J. Barno and Ethan D. Gilbert are the principal owners of Rialto.
Rialto Wealth Management Investment Strategy
Rialto Wealth Management builds portfolios based on client objectives. The firm says that it does this by using low-cost non-actively managed mutual funds and exchange traded funds.
Additionally, the firm may also recommend and use exchange listed securities, over-the-counter securities, CDs, U.S. government securities and options on securities to meet client investment needs.
Blue Water Capital Management
Blue Water Capital Management is a wealth management firm that may also provide clients with access to portfolios on the Envestnet platform through a wrap-fee program.
To open an account with Blue Water, you need a minimum investment of $50,000. However, Blue Water may waive this requirement at its discretion.
The management team at Blue Water holds multiple certifications, including chartered retirement plan specialist (CRPS) and chartered financial consultant (ChFC).
The advisory firm serves individuals above and below the high-net-worth threshold, retirement plans, government entities and corporations.
Some advisors here serve as insurance agents and may earn separate commissions for selling insurance products. While this type of arrangement may incentivise the advisor to recommend products from a third-party affiliate, the advisor must uphold a fiduciary duty to always provide advice in the best interest of the client.
Blue Water Capital Management Background
Blue Water Capital Management has been offering services since its launch in 2007. Today, the firm is owned by Stephen Swift, John Paganelli and Thomas Brown. All three remain on the firm’s advisory staff and together hold a combined financial services experience that spans more than 50 years.
Blue Water provides a variety of financial planning and portfolio management services. Its advisors analyze the financial situations of different clients in order to create investment portfolios that can help such clients meet their financial objectives. Blue Water advisors can also provide individualized financial planning services across various topics like budgeting and cash flow analysis, insurance policy review, retirement planning and estate planning.
Blue Water Capital Management Investing Strategy
Blue Water Capital Management uses various analytical strategies when evaluating securities. Among them is fundamental analysis, which measures the intrinsic value of a security by exploring broad economic factors such as the financial health of the company that issues it. This kind of analysis is typically applied to stocks, but Blue Water doesn’t limit itself to a specific type of security when building portfolios for clients. For instance, the firm considers mutual funds and exchange-traded funds (ETFs) that may be constructed with different asset classes. Blue Water evaluates these funds by examining their long-term performance and underlying securities.
Overall, Blue Water considers the wider investment universe in order to tailor asset allocations to client profiles and needs. This strategy also involves determining the financial conditions of the client including risk tolerance and time horizons for different goals.
Armory Capital Management
Armory Capital Management (ACM) is a fee-only firm that works with both non-high-net-worth and high-net-worth individuals.
As a fee-only, ACM collects fees from clients, and not commissions from third parties.
You don’t need a minimum amount to open an investment account with ACM.
Armory Capital Management Background
Armory Capital Management spun off from Green & Seifter Investment Advisers in 2009.
Since 2017, Henry J. Wildhack and Matthew J. Abbott have been ACM's principal owners. Their investment management experience, combined, spans nearly four decades.
The firm offers investment management and financial planning services to a client base mostly consisting of individuals. The team designs diversified investment portfolios tailored to the needs and risk tolerance levels of each client. It can also offer overall wealth management services on a variety of topics from cash flow analysis to estate and retirement planning.
Armory Capital Management Investing Strategy
ACM bases its overall investment strategies on the belief that buying and holding quality investments for the long term is key to maximizing growth and mitigating risk in the market. So it generally takes a conservative approach to building portfolios, while taking into account the risk tolerance and long-term financial goals of its clients. It also considers the tax implications of investment decisions and aims to minimize taxes as much as possible.
When designing portfolios, the firm generally doesn’t restrict itself to certain asset classes. It may consider investing client assets in:
OneGroup Wealth Partners
OneGroup Wealth Partners is a fee-only financial advisor firm, which means that all of its compensation comes from client-paid fees.
The firm works with both non-high-net-worth and high-net-worth individuals, as well as corporations.
There is no minimum investment requirement necessary to become a client of OneGroup.
The advisory team holds multiple certifications, including certified financial planner (CFP), chartered life underwriter (CLU) and chartered financial consultant (ChFC).
OneGroup Wealth Partners Background
OneGroup Wealth Partners was established in 2020. The firm is owned and operated by Community Bank, N.A.
Investment management and financial planning services are both available through this firm. Financial planning can cover a wide range of topics, including retirement planning, personal savings planning, education fund planning, investment planning, estate planning and more.
OneGroup Wealth Partners Investing Strategy
OneGroup Wealth Partners manages its client assets on both a discretionary and non-discretionary basis. The firm invests based on each client's personal situation and financial goals, with risk tolerance, time horizon, income needs and liquidity needs being the most important factors. The firm tends to invest with an eye toward long-term returns.
Generally speaking, OneGroup prefers to invest in low-cost, diversificed mutual funds and ETFs. On occasion, it also invests in individual stocks and bonds. The firm may re-allocate your investments should your goals or market conditions call for it.