Firm Info
Firm Size
Services Offered
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Other Investment Advisors
- Insurance Companies
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Other
Tribeca Financial, LLC Overview
TRIBECA FINANCIAL, LLC is an investment advisory firm based in Mesa, AZ. Since its inception in 2001, the firm has been providing fee-only investment advice to individuals, small businesses, and institutional clients. TRIBECA FINANCIAL is a registered investment advisory firm, which means it only offers investment advice and does not engage in any other financial services, such as brokering or selling insurance products. The firm's main services include portfolio management for individual and small business clients. TRIBECA FINANCIAL helps its clients by constructing and managing investment portfolios that align with their financial goals and risk tolerance. The firm's investment strategies are tailored to each client's unique circumstances, preferences, and objectives. TRIBECA FINANCIAL also offers portfolio management for businesses or institutional clients, helping them to make informed investment decisions that align with their overall financial goals. In addition to portfolio management services, TRIBECA FINANCIAL provides other investment-related services, such as solicitation of investment transactions. These services are designed to help clients make informed investment decisions, including identifying new investment opportunities that align with their financial goals. Overall, TRIBECA FINANCIAL is a trusted partner for individuals, small businesses, and institutional clients seeking personalized and objective investment advice.
TRIBECA FINANCIAL, LLC is a financial firm that caters to a diverse range of clients. The types of clients served include individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, other investment advisors, insurance companies, and other corporation types not listed. Each client has unique financial needs and goals, and TRIBECA FINANCIAL, LLC offers tailored financial solutions to meet those needs. When it comes to fee structures, TRIBECA FINANCIAL, LLC offers various options depending on the service provided. One popular option is a percentage of assets under management (AUM), which is a fee calculated as a percentage of the client's portfolio value that the firm manages. Other types of fees may include hourly rates, project-based fees, or flat fees. TRIBECA FINANCIAL, LLC aims to provide transparent and flexible pricing options that prioritize the client's best interest. Ultimately, the firm believes that a fair and transparent fee structure is crucial to building long-lasting relationships with its clients.
Typical Clients, Fee Structures & Investment Minimum
According to Tribeca Financial, LLC's Part 2 Brochure, the firm does not mention an investment minimum.
How This Office Can Help Mesa, AZ Residents
As a leading financial firm based in Mesa, AZ, Tribeca Financial, LLC assists clients in various financial situations to help them achieve their goals. The firm offers expert financial planning, investment management, and retirement planning services to clients seeking to secure their financial future. Some of the financial situations that Mesa, AZ residents might need assistance with include planning for retirement, managing debt, investing in their children's education, and creating a financial safety net in case of emergencies. The team at Tribeca Financial, LLC works closely with clients to understand their unique financial needs and goals. They offer customized financial plans that align with each client's short-term and long-term objectives. In addition to traditional investment strategies, the firm provides clients with access to alternative investment options like real estate, cryptocurrency, and precious metals. Clients also benefit from ongoing financial education, regular portfolio reviews, and proactive portfolio reallocation to ensure they stay on track to meet their financial goals.
Services Offered by Tribeca Financial, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Tribeca Financial, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
This firm has no other locations.
State Registrations
Tribeca Financial, LLC is registered to service clients in the following states:
- Arizona
- California
- Nevada
- Texas
- Virginia
Disciplinary History
Tribeca Financial, LLC does not have any disclosures. Please visit it's Form ADV for more details.