The Pinnacle Financial Group is a large advisory firm based in Rockville Centre. It manages $452.18 million of regulatory assets for 2,927 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.
The Pinnacle Financial Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Pinnacle Financial Group is $452.18 million. The firm's AUM has grown by 1515% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Pinnacle Financial Group for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Joseph Donald Esposito is individuals with 2,659 clients and $359.52 million of assets under management. Among the 10 most similar advisory firms, The Pinnacle Financial Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $452.18 million for 2,721 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
The Pinnacle Financial Group doesn't advise any private funds.
The company employs 21 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 21 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where The Pinnacle Financial Group performs its advisory services is located at 9 South Long Beach Road, Rockville Centre, NY 11570, which is also the mailing address of the firm. An additional office of the firm is in Uniondale, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 516-763-9700 or by fax 516-763-9706. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at thepinnaclefg.com.