Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Rialto Wealth Management Overview
RIALTO WEALTH MANAGEMENT is a registered investment advisory firm that provides investment advice only for individuals, small businesses, and institutional clients. Its headquarters is located in Skaneateles, NY. The firm has been in business since 2022 and follows a fee-only arrangement. This means clients pay the firm directly for its services, ensuring there is no conflict of interest in the advice provided. The firm offers a range of services which include financial planning, portfolio management services for both individuals and small businesses, and also portfolio management services for businesses or institutional clients. The experienced team at RIALTO WEALTH MANAGEMENT is adept at tailoring these services to suit the unique needs of each client and delivering effective results. In addition to its core services, RIALTO WEALTH MANAGEMENT also provides pension consulting services. The firm understands how important it is to ensure a financially secure future, and therefore, offers consulting services to assist clients in achieving their pension goals. The team can evaluate the current pension situation of a client and provide guidance on making changes that can improve its effectiveness. Overall, RIALTO WEALTH MANAGEMENT is an expert investment advisory firm that offers a comprehensive range of services to help clients achieve their investment goals.
Rialto Wealth Management caters to a broad range of clients, including high-net-worth individuals, families, trusts, and institutions. Their team of expert financial advisors specializes in providing personalized investment solutions that align with each client's unique needs. Whether clients need assistance with wealth management, financial planning, or estate planning, Rialto Wealth Management has the expertise and resources to deliver outstanding results. When it comes to fee structures, Rialto Wealth Management provides a variety of options depending on the services provided. One option is a percentage of assets under management (AUM). This fee structure is common among investment management firms and is calculated as a percentage of a client's total investment portfolio value. Another fee structure available is fixed fees, which can be charged for specific services such as financial planning or estate planning. Fixed fees are typically based on the complexity of the service provided and the amount of time and resources required to complete the project. Rialto Wealth Management is committed to providing transparent fee structures that align with their clients' needs and maximize their investment value.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for RIALTO WEALTH MANAGEMENT does not mention anything about investment minimums. Therefore, it is unclear what the firm's investment minimum is. Investors who are interested in working with RIALTO WEALTH MANAGEMENT may need to contact the firm directly to inquire about any investment minimums that may be in place.
How This Office Can Help Syracuse, NY Residents
Rialto Wealth Management is dedicated to assisting clients in Syracuse, NY to navigate various financial situations. In a city like Syracuse, many people face uncertainty when it comes to their retirement plans and investments. Rialto Wealth Management offers a variety of services that can support clients with diverse financial needs. They work with individuals in areas such as estate planning, tax planning, investment management, and risk management. It is especially essential for people in Syracuse to work with professionals who understand how to manage various types of investments and can provide sound advice for maximizing one's financial resources. Moreover, Rialto Wealth Management helps clients build financial plans that can help prepare them for life events such as job loss, illness, or unexpected bills. They specifically focus on meeting the needs of individuals who may be within a few years of retirement, approaching retirement, or are already retired. By understanding the unique financial needs and concerns of Syracuse residents, Rialto Wealth Management provides tailor-made solutions to help their clients feel secure about their financial future. Ultimately, working with Rialto Wealth Management can give Syracuse residents the peace of mind necessary to achieve their financial goals.
Services Offered by Rialto Wealth Management
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 Rialto Wealth Management 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.
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
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)
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.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Rialto Wealth Management is registered to service clients in the following states:
- New York
Disciplinary History
Rialto Wealth Management does not have any disclosures. Please visit it's Form ADV for more details.