CHANGING THE SHAPE OF FINANCIAL ADVICE
GM Advisory Group, Inc., is not affiliated with Multi-Financial Securities Corporation or ING. Securities and Advisory Services offered through Multi-Financial Securities Corporation, Member NASD, SIPC,
CHANGING THE SHAPE OF FINANCIAL ADVICE
Financial Planning Estate Planning Asset Management Risk Management Retirement Planning Education Planning Business Consultative Services Accounting and Tax Planning
ver 50 years ago, our firm was formed to
O
Today, GM Advisory Group has grown into a widely
provide highly personalized CPA services
respected accounting and financial planning firm
to businesses and individuals. As we grew with our
serving clients throughout the United States, with
clients, we realized that they required a uniquely
offices in the greater metropolitan New York area
integrated perspective if they were to achieve their
and New Jersey.
personal and professional financial goals. Truly a visionary company, GM Advisory Group From that single-minded insight, GM Advisory
offers clients a unique collaborative approach from
Group was formed, expanding our services in the
professionals—CERTIFIED FINANCIAL PLANNERS™
mid-1990s to create a personalized financial services
and Certified Public Accountants—who understand
organization specializing in the needs of family-
that customized plans and life-long advisory
owned businesses, high net-worth individuals and
relationships are essential to helping you reach
corporate executives.
your financial goals.
HELPING CLIENTS REACH THEIR FINANCIAL GOALS
Managing a client’s financial assets requires exceptional sensitivity in understanding highly personal goals and long-term financial requirements. Formulating a plan that delivers on those goals is the first step. Helping you stay the course, while knowing
Our unique approach brings together CFPsÂŽ, CFAs
when to shift investments, modify a strategy for tax
and CPAs, who give you the advice needed to
purposes, or respond to changes in your life or new
streamline the planning process and better ensure
financial needs is the hallmark of a GM Advisory
that you reach your financial objectives.
Group financial plan. GM Advisory Group is comprised of professionals We understand that for each phase in your life, there
highly experienced in:
are options and choices that need to be made. The
Estate planning
intricacy of balancing many advisors, accountants,
Risk management services
attorneys and financial planners is a complex
Financial planning
challenge.
Asset management Tax and accounting services
This is where we can make the difference. GM Advisory Group specializes in helping you
Applying the insights of our integrative planning
manage your financial assets to meet your current
perspective to your unique financial situation, we
and future needs with a highly personalized and
offer a customized approach to reaching personal
integrated approach to financial and tax planning.
goals within your risk-reward profile.
KNOWING WHERE YOU ARE IS THE FIRST STEP
Through years of experience, we have recognized that clients begin a relationship with us at one particular stage in their lives and careers, and then count on us to anticipate the changes in their planning needs as their personal and professional situations evolve. Simplifying the Management of Your Assets
Six Steps to a Financial Plan Right for You
We offer a number of ways to assist our clients.
For those clients ready for a complete financial
For some, there is the need for asset management
plan, GM Advisory Group developed a dynamic,
services. For others, there are benefits in allowing us
relationship-based financial planning approach.
to create and manage a complete financial plan for them and their family.
We begin with an assessment of your personal, business and family goals, then map out how we
Asset Management Services
will help you reach them.
Our Asset Management program consists of: Initial evaluation of your current assets
But we don’t stop there. Regularly, we meet with
Proposal of a recommended portfolio
you to review your plan and portfolio performance
Implementation strategy to transition in a cost-
against your goals, and determine how changes in
and tax-efficient manner into our proposed
your life might affect your future financial decisions.
allocation Knowing when to revise your plan ensures that as The evaluation will include cost-basis calculations,
your life and the investment environment change,
an analysis of risk associated with the current
our road map reflects those changes and keeps you
portfolio and the benefits and value of our proposed
on course with your financial goals.
portfolio. The recommended asset management strategy and investment portfolio is specifically designed to reflect your particular financial goals and risk tolerance.
GM ADVISORY GROUP’S APPROACH: SIX STEPS TO SHAPING YOUR FINANCIAL FUTURE
Each one of our clients is absolutely unique. That’s why when faced with the challenge of coordinating several professionals to manage your tax and financial plan, we created a specific Six-Step Program – Blueprint for Financial Success – that helps us develop a composite picture of your particular financial vision, as well as manage its success over time. We work directly with you to create this integrated plan, our Blueprint for Financial Success. Let us show you how.
STEP 1: Fact-Finding Consultation Our first meeting is critical, enabling us to: Truly understand your current situation Collect relevant information for a discovery phase Establish your actual readiness for a financial and wealth management program
STEP 2: Discovery Phase Our second session with you allows us to thoroughly examine your: Financial needs Risk management requirements Stage in your life cycle Family considerations Short-term and longer-term plans Risk tolerance
STEP 3: Interactive Planning Session Having compiled this information, we are ready for Step 3, where we engage you in an interactive planning session. Together, we review your information in total and construct different scenarios. At the conclusion of this step, you will have gained a clear vision of your options, defined your plan goals and objectives, established a timeframe in which you wish to achieve these goals and created a preliminary draft of your financial plan. Our experience tells us that this is the most important part of the process.
STEP 4: Integrative Blueprint for Financial Success After you have reviewed the blueprint of your preliminary
STEP 6:
plan, we schedule a session to:
Staying the Course
Review the details of the plan,
Because of our highly
our Integrative Blueprint for
collaborative approach to your
Financial Success Discuss the necessary steps to
STEP 5:
implement the plan
Implementing the Plan
Bring in specialists if needed to
At this stage, we begin to
review special tax or investment
implement your Blueprint for
options
Financial Success. We continually
Prepare for your plan’s
meet with you to update you on
implementation phase
the performance of the plan
Similar to all blueprints, the plan is like a road map and destinations can change along the way. Our blueprint acts as a guide and a departure point—it is never expected to be the final answer to a life-long financial management relationship.
relative to our agreed-upon objectives.
needs, we hold regular team reviews of your progress. We send you monthly and quarterly reports and insist on continual, in-person reviews examining the progress of your plan against your goals. Additionally, you have 24/7 access to online reports. This review process allows us to maintain a clear understanding of your life, how your needs are changing and how to adjust your Blueprint, as you work toward your goals.
PERSONALIZED FINANCIAL SERVICES
Specializing in the Needs of High Net-Worth Individuals Our firm is uniquely designed to provide the breadth
5. Plan for Your Retirement
and depth of services required by high net-worth
Pre-retirement calculations that estimate cash
individuals. These services allow our team to:
flow at retirement age Effect of inflation on goals and retirement
1. Establish Your Current Financial Position
Computation of the growth of your assets,
Create an in-depth personal financial
given various rates of withdrawal and expected
statement
rates of return
Create a detailed cash flow statement adjusting
Analysis of the different alternatives from
for changes in lifestyle
corporate retirement plans
Plan for cash reserves and liquidity
Alternative retirement analysis using various
Analyze asset and liability ownership
assumptions Monte Carlo simulation provided by
2. Assess and Manage Your Financial Risk
MoneyGuidePro
Determine the amount of life insurance in case of premature death
6. Preserve Your Wealth
Determine the amount of disability insurance
Techniques for reducing taxes, probate and
in case of a prolonged injury
transfer costs
Analyze the benefits of long-term care insurance
Review of wills
Analysis of current auto/home/personal liability
Estate liquidity and survivor income analysis
protection provided by MLR Services Inc.
Gifting strategies Charitable planning strategies
3. Complete a Thorough Tax Analysis Prepare a current year tax projection
We specialize in creating highly tailored financial
Review the applicability of tax-favored
plans that reflect your particular and highly personal
investments in your portfolio
desires. Whether it is wealth preservation or income
Effectively manage stock options
generation, our team creates financial plans tailored
Develop strategies to avoid the Alternative
to help preserve your wealth.
Minimum Tax (AMT) We realize you have worked hard to accumulate 4. Structure Your Investment Plan
your assets. Our services enhance your financial
Asset allocation and portfolio composition
well-being and sense of security by simplifying the
strategies
complexities of your financial life, while we help
Education goal analysis
you manage your assets.
Hedging strategies for concentrated positions Stock option exercise analysis Saving for a second home Analysis of company-sponsored retirement plans Saving for a special purpose
Financial Experience for the Family-Owned Business
Specialized Planning for the Corporate Executive
GM Advisory Group has gained recognition
The needs of the corporate executive often appear
and a reputation as advisors to owners of family
to be addressed by his or her company. Our
businesses. We understand how to simplify the
experience suggests that is not always the case.
complex tax planning and financial concerns of family-owned enterprises, which typically reflect the
Whether it is preparing for retirement, evaluating
interwoven relationships of many family members.
a move to a new position, executing stock options, or making other major decisions, we offer an
As advisors of choice for these clients, we help
extensive review of your complete financial situation
them develop tailored solutions for their businesses
before creating a tailored plan that helps you achieve
so they can:
your financial objectives over the long-term.
Control group health care and business insurance costs
Stock option analysis
Manage workmen’s compensation costs and
Pension maximization programs
develop alternatives
401(k) rollover plans
Develop plans for key employees, including
Cash flow and budget monitoring before and
nonqualified deferred compensation plans and
after retirement
executive bonus plans
Asset allocation strategies for all investable assets
Plan for business succession or continuation
including 401(k), deferred compensation loans
with, for example, buy-sell agreements, cross-
and other assets held
purchase agreements and ESOPs
Hedging strategies for concentrated positions
Analyze retirement
Tax planning, including: • Income tax estimations, including general and
At the same time, we develop solutions for their
specific techniques for reducing income tax
personal financial needs, such as creating an Estate
liability
Plan and reviewing various ways to potentially
• Calculations of before- and after-tax
maximize the amounts they can ultimately pass to
illustrations, which demonstrate the
their beneficiaries, including:
applicability of tax-favored investments
Estimating estate taxes, including general and
• Current year income tax projections
specific techniques for reducing taxes, probate
• Effectively managing and planning for the
and transfer costs
exercise of stock options to avoid Alternative
Developing and providing a periodic review of
Minimum Tax (AMT)
the Retirement Plan, helping to ensure that they maximize their retirement contributions.
OUR TEAM
Frank P. Marzano, CFP ®, CPA*
Michael D. Katz, CPA, ATA
Managing Principal
Director of Tax Planning
Frank Marzano has created the vision and leadership
In corporate and individual taxation, Michael Katz
for GM Advisory Group, Inc. A CERTIFIED FINANCIAL
offers clients sophisticated tax planning analysis and
PLANNER™ and a Certified Public Accountant, with a
recommendations for the income tax phase of the financial
masters degree in Taxation, Frank specializes in Personal
planning process, including tax projections and the
Financial Planning, including planning for tax reduction
after-tax impact of investment decisions.
strategies, asset allocation, retirement income strategies and estate preservation. It is his philosophy and approach
Edward L. Vallar, CFA*
toward personalized client services and planning processes
Director of Investments
that has guided the growth of GM Advisory Group, Inc.
Ed Vallar is a Chartered Financial Analyst (CFA). CFAs are recognized as the definitive standard for competence
Jonathan E. Bernstein, CFP , CPA*
and integrity in the fields of portfolio management and
Principal
investment analysis. With over 15 years of experience
Jonathan Bernstein is responsible for the New Jersey
in the industry and 12 years as a CFA, Ed analyzes client
Practice of GM Advisory Group, Inc. A CERTIFIED
investment alternatives. His knowledge is integral to the
FINANCIAL PLANNER™ and a Certified Public Accountant,
monitoring and analysis of existing investments and
Jonathan provides clients with the highly customized and
portfolios.
®
personalized management of financial plans, including tax and estate planning, retirement analysis, personal
Michael A. Padilla*
financial plans and wealth management.
Director of Financial Planning and Branch Compliance With 30 years of experience in the banking and
Matthew L. Romano*
brokerage industries, Mike Padilla oversees the financial
Principal, Director of Risk Management
planning department, ensuring each plan is tailored to
As Director of Risk Management, Matthew Romano
the needs of the individual. He is also responsible for
specializes in the analysis of our clients’ insurance
reviewing all securities transactions, verifying that they
requirements, determining the appropriate levels of
are in line with our clients’ risk tolerance according to
coverage and ensuring that required insurance is obtained
their investment policy statements.
at the least possible cost. This includes the following types of insurance: life, disability, long-term care, homeowner’s,
Tibor Klein*
automobile, business and umbrella policies.
Director of Retirement Planning Tibor Klein is experienced in working with companies
Anthony J. Viola, CPA
ranging from startups with a single employee to large
Director of Estate Planning
national corporations. His approach is to thoroughly
For over 20 years, Anthony Viola has built a reputation as
analyze the structure and needs of each company to
an experienced professional in taxation and customized
recommend the most advantageous retirement plan
estate planning techniques. He works with our clients to
alternative. Tibor has extensive experience with SIMPLE Plans,
implement an estate plan consistent with the goals and
401(k), Defined Benefit Plans and Profit Sharing Plans.
objectives identified in the financial planning process.
*Registered representative of and Securities and Advisory Services offered through Multi-Financial Securities Corporation. Member NASD & SIPC.
OUR CUSTOMER SERVICE PHILOSOPHY Our business is committed to providing you with
Stephanie Spontak
the best in customer service. We provide a team of
Client Service Specialist, Highland Park
individuals uniquely qualified to support our clients’ needs.
Stephanie Spontak is responsible for customer service and client relations in our Highland Park office. She supports
Lauren LiCausi
Jonathan Bernstein and offers clients the personal attention
Client Service Specialist, Port Washington
that you expect from GM Advisory Group, Inc.
Lauren LiCausi is available to handle all of your questions. She supports Frank Marzano and the Port
Kristin Buda
Washington office and is responsible for scheduling,
Client Service Specialist, Port Washington
coordinating client affairs, and ensuring your service
Kristin Buda supports our clients by managing our extensive
needs are handled quickly and to your satisfaction.
quality controls and providing systems support to ensure flawless execution of all our clients’ requirements.
Main Office 30 Main Street Port Washington, NY 11050 Phone (516) 767-7104 Fax (516) 767-6349 New Jersey Office
1119 Raritan Avenue Highland Park, NJ 08904 Phone (732) 339-1134 Fax (732) 339-1140
Westchester Office 901 North Broadway Suite 24 White Plains, NY 10603 Phone (914) 428-4445 Fax (914) 428-6576 Manhattan Office 260 Madison Avenue 2nd Floor New York, NY 10016
info@gmadvisorygroup.com www.gmadvisorygroup.com
Multi-Financial Securities Corporation, ING and Pershing, LLC Multi-Financial Securities Corporation is a member of ING Advisors Network, one of the country’s leading independent broker-dealer networks. ING Advisors Network is part of ING, one of the world’s largest integrated financial services organizations. ING is active on a worldwide scale, offering its clients a full range of financial products and services through various distribution channels. ING’s continuity is its financial strength, its healthy profit base and the careful weighing of the interests of its clients, shareholders and employees. ING has operations worldwide with more than 115,000 employees in 50 countries. Securities are executed and cleared through Pershing, LLC, one of the largest New York Stock Exchange member clearing firms.