Western New York Financial Group, LLC

Western New York Financial Group, LLC is a registered investment adviser founded in October 2019, specializing in financial planning, financial consulting, estate settlement services, and portfolio management. The firm requires a minimum account size of $500,000, which may be waivable at their discretion. They offer comprehensive financial planning services on a fixed fee basis ranging from $1,500 to $5,000, and consulting services at an hourly rate of $200. Portfolio management services include creating a tailor-made financial plan and charging an annual management fee of up to 1.50% based on assets under management. The firm uses technical analysis for managing client accounts and invests in various securities like mutual funds, ETFs, stocks, and bonds. They do not charge performance-based fees or provide side-by-side management. Western New York Financial Group, LLC recommends and monitors third-party investment advisers, provides retirement plan consulting services, and utilizes a third-party platform for managing held-away assets. The firm does not receive soft dollars, pays for client referrals, or engage in directed brokerage. Clients receive quarterly account statements from the custodian and have the option for discretionary investment management services. The firm does not vote proxy votes for clients and has no financial commitments impairing their ability to service clients.