Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
- Selection of Others Advisors
- 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
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Santori & Peters Overview
SANTORI & PETERS is a registered investment advisory firm based in Monroeville, PA. The firm operates on a fee-only basis, meaning that clients pay only for the financial services they receive. This setup offers transparency and ensures that the firm's interests are aligned with those of their clients. Despite being a relatively new player in the industry, SANTORI & PETERS has been in business since 2017 and has established itself as a reputable financial advisory firm. As an investment advice only firm, SANTORI & PETERS focuses solely on providing investment advice to its clients, without offering any additional services such as brokerage or insurance. SANTORI & PETERS offers a wide range of financial services, including financial planning, portfolio management for individuals and small businesses, and pension consulting services. Additionally, the firm also helps clients choose other advisors to meet specific financial needs. The firm also provides other financial consulting services to ensure that clients receive comprehensive, industry-specific financial advice.
SANTORI & PETERS serves a wide variety of clients, ranging from individual investors to high net worth individuals, as well as pension or profit sharing plans and charitable organizations. The firm has a vast experience of dealing with different types of clients and providing them with tailored strategies to meet their unique investment goals. Whether clients require assistance with wealth preservation, tax optimization, or asset management, the team at SANTORI & PETERS offers a range of services to fit each client's specific needs. Fee structures available at SANTORI & PETERS depend on the service provided. Clients can choose to pay a percentage of assets under management (AUM), which is a common method for investment advisory fees. Alternatively, hourly fees may be charged on the time spent advising clients. Fixed fees may also be available for specific types of services. Utilizing this flexible fee structure, clients have the freedom to select the best option that suits their budget and investment objectives. SANTORI & PETERS is transparent in its pricing and strives to ensure all clients receive the best value for their investment.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for SANTORI & PETERS does not mention anything about their investment minimum. It's unclear what the minimum amount an investor needs to invest in their services is. It's recommended that interested investors contact the firm directly to get more information about their investment minimums and other relevant details.
How This Office Can Help Monroeville, PA Residents
Santori & Peters, Inc. is a financial advisory firm that provides various services to clients in Monroeville, PA. They assist individuals and businesses in creating financial plans to achieve their long-term financial goals. The firm offers services such as retirement planning, tax planning, investment management, and financial planning. In Monroeville, people face various financial situations, and Santori & Peters, Inc. has expertise in dealing with them. Some people may be facing retirement without adequate savings, while others may require assistance with their investment portfolios. There are also individuals dealing with mounting debts or tax liens. Santori & Peters, Inc. can help create strategies to pay down debts, minimize tax burdens, and create investment portfolios suitable for various financial goals. The firm's expertise and experience make them well-suited to help individuals and businesses in Monroeville, PA, to achieve their financial objectives.
Services Offered by Santori & Peters
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 Santori & Peters 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.
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.
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.
Unavailable
Subscription (Newsletter or Periodical)
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).
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.
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
- Mon 8:30 AM–5 PM
- Tue 8:30 AM–5 PM
- Wed 8:30 AM–5 PM
- Thu 8:30 AM–5 PM
- Fri 8:30 AM–5 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Santori & Peters is registered to service clients in the following states:
- Florida
- North Carolina
- Ohio
- Pennsylvania
- Texas
Disciplinary History
Santori & Peters does not have any disclosures. Please visit it's Form ADV for more details.