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Traphagen 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.

Traphagen Financial Group

Traphagen Financial Group is a financial advisor firm based in Oradell, New Jersey that manages millions in client assets. Throughout its more than two decades in business, the firm has cultivated a large client base of individuals, retirement plans and charities. The firm is heavily focused on investment management services, though it also has a collection of offerings for retirement plan sponsors and participants.

Traphagen is a fee-only firm, meaning its compensation is solely derived from the advisory fees that clients pay. (This differentiates it from a fee-based firm, where advisors may earn commissions for conducting certain securities or insurance transactions.)

Traphagen Financial Group Background

Traphagen Financial Group has been providing clients with investment advice for over 20 years, as it was founded in 1997 by father and son duo V. Peter Traphagen Sr. and V. Peter Traphagen Jr. They both still own the firm today, and they hold the positions of managing director and director of investment strategies, respectively.

The firm's advisory team represents various professional financial designtations, including certified financial planner (CFP), certified public accountant (CPA), chartered financial analyst (CFA) and chartered alternative investment analyst (CAIA).

Traphagen Financial Group Client Types and Minimum Account Sizes

According to Traphagen Financial Group’s Form ADV, the vast majority of clients are individuals without a high net worth, with rest consisting of high-net-worth individuals, charitable organizations, pension and profit-sharing plans.

Traphagen doesn’t impose any sort of minimum account size requirements.

Services Offered by Traphagen Financial Group

Traphagen Financial Group offers a range of services that most notably include investment management. Additionally, the firm provides access to an online investment monitoring platform called eMoney. This allows clients to view the entirety of their portfolio's asset allocation at any time. Financial planning is also available to clients upon request.

Retirement plan sponsors can take advantage of multiple services at Traphagen, including investment management, consulting, portfolio monitoring and plan participant education.

Traphagen Financial Group Investment Philosophy

When assembling client portfolios, advisors at Traphagen Financial Group typically invest in some combination of equities, corporate debt securities, commercial paper, certificates of deposit (CDs), municipal securities, investment company securities, variable life insurance, variable annuities, mutual fund shares, exchange-traded funds (ETFs), exchange-traded notes (ETNs), government securities, options contracts and interests in partnerships investing in real estate, businesses, and oil and gas interests.

While the above set of securities is rather vast, the firm will only choose to invest in those that it believes fit your investor profile. When selecting investments, the firm primarily employs fundamental analysis in order to evaluate securities. Fundamental analysis is the attempt to discern a company’s intrinsic economic value by analyzing factors like its balance sheet, management and other financial documents rather than focusing only on the movement of its stock price.

Fees Under Traphagen Financial Group

Traphagen Financial Group charges clients an annual advisory fee that's based on a percentage of their total assets under management (AUM). These fees are negotiable, but the firm generally sticks to the schedule below:

Traphagen Financial Group Investment Management Fees
Assets Under Management Annual Fee Rate
Up to $100,000 1.50%
$100,001 - $300,000 1.25%
$300,001 - $700,000 1.00%
$700,001 - $2,000,000 0.75%
$2,000,001 - $10,000,000 0.50%
$10,000,001 and above 0.40%

 

*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.
Estimated Investment Management Fees at Traphagen Financial Group*
Your Assets Traphagen Financial Group Fee Amounts
$100K $1,500
$300K $4,000
$700K $8,000
$2MM $17,750
$10MM $57,750
$15MM $77,750

For financial planning services, the firm will typically charge fees through to an hourly rate. The exact fee that you'll be on the hook for will generally range from $150 to $425, depending on the amount of work involved in developing your financial plan.

Learn more about advisors' typical costs here.

What to Watch Out For

There are no disclosures on Traphagen Financial Group's latest SEC-filed Form ADV.

Opening an Account With Traphagen Financial Group

You can easily reach out to Traphagen Financial Group by visiting the firm's website contact page or calling (201) 262-1040. If you’d rather do things in person, you can also stop by the firm’s office on Kinderkamack Road in Oradell, New Jersey.

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

Retirement Planning Tips

  • 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.
  • When you’re planning out your income for retirement, don’t forget to account for Social Security payments. Although Social Security won’t be enough to retire on, it can be a valuable addition to your existing retirement funds. To find out how much you’re in line to receive, stop by SmartAsset’s Social Security calculator.

How Long $1 Million 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.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We 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 metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. 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.