Services

FINANCIAL PLANNING  

MONEY MANAGEMENT*

INSURANCE SERVICES

FINANCIAL PLANNING

 For those who may need a financial plan...  

      We typically charge a fee and complete an analysis for you. This plan can encompass just a few areas of interest or a complete overview of your financial situation. Our fee depends upon the degree of complexity involved. This plan becomes a blueprint in helping you achieve your financial life goals. Typically, our clients review and update their plans annually.  We are available to assist you implement this plan by using our Money Management Services and/or insurance services. Clients are always free to implement their financial plan at the financial institution of their choice.


 MONEY MANAGEMENT*

 For those who may need investment services...  

      For many years, large pension plans and private money managers have utilized the Modern Portfolio Theory techniques that won William Sharp and Harry Markowitz a Nobel Prize in Economics (1990).  Since 1987, Michael A. Bonanno, CFP® has been using these techniques with investors and explaining them in understandable terms. We believe that successful investing is best accomplished by helping our clients first determine and then meet their individual investment objectives. 

      Through programs such as Wealth Management Services offered by Tower Square Securities, Inc., we typically provide access to a customized asset allocated portfolio of no load and load waived mutual funds, based on your financial objectives.  Our management fee for this service ranges between .50% and 1.50% of assets under management.  This quarterly fee is based on the fair market value and paid directly out of your portfolio.  Automatic rebalancing of your portfolio is available.  Many of our clients receive a personalized quarterly investment report that graphically displays their portfolio's performance, net rate of return and various market bench marks. 

      In addition to these programs, we also build portfolios with select mutual fund companies using the traditional various share classes on a commission basis. 
 

* The aforementioned material is a product and service listing and is not intended to be an offer for the sale of securities products. Securities products are offered by prospectus. 

INSURANCE SERVICES
 

For those who may need insurance services...

      We are independently licensed with many insurance companies to assist you with your personal or business needs. If you choose to purchase any of the following insurance products from us, we are paid the standard commission from those companies.

Health Insurance                                                        
Long Term Care Insurance
Long Term Disability Insurance*
Life Insurance

 *  These policies provide disability income insurance only.  They do NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Insurance Department.  The expected benefit ratio for these policies is at least 68%, depending on the policy.  This ratio is the portion of future premiums, which MetLife expects to return as benefits, when averaged over all people with the applicable policy.