Sage Tree Wealth, Inc. (Fairport)

Sage Tree Wealth, Inc. is a mid-sized advisory firm based in Fairport. It manages $68.52 million of regulatory assets for 229 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of New York and Texas.

Sage Tree Wealth provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sage Tree Wealth: assets under management

The assets under management (AUM) of Sage Tree Wealth, Inc. is $68.52 million. The firm's AUM has grown by 43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $68.13 million in discretionary accounts and $391.13 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $298.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $391.13 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sage Tree Wealth, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Daniel A Monte serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Daniel A Monte is high net worth individuals with 2 clients and $41.57 million of assets under management. Among the 4 most similar advisory firms, Sage Tree Wealth has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $68.52 million for 229 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.

Sage Tree Wealth doesn't advise any private funds.

Careers at Sage Tree Wealth, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel A Monte	President/chief compliance officer	1 Sep 2018	75% - 100%	6160115

Based in Fairport

The principal office where Sage Tree Wealth, Inc. performs its advisory services is located at 10 East Church Street, Fairport, NY 14450, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 5855002579 or by fax 5854254470. The normal business hours are 8:30-5:00 on Monday - Friday.