Capital Financial Advisors Of New York, LLC

Capital Financial Advisors of New York, LLC, established in 2003, specializes in providing personalized financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, and business owners. The firm operates on a fee-only basis, offering services such as financial planning, investment management, tax planning, retirement planning, and estate planning. Clients have the flexibility to choose from various agreements, including Financial Planning Agreement, Advisory Services Agreements, Retainer Agreement, and Tax Preparation Agreement. The firm's fee structure includes a financial planning fee of $240 per hour, an annual Investment Management Agreement fee based on a percentage of assets under management, and hourly planning services at $240 per hour. Clients have investment discretion with the firm managing approximately $232 million in assets as of March 21, 2025. The minimum account size is $500,000, with exceptions for employees and their connections. Investment strategies primarily focus on strategic asset allocation, with security analysis methods including fundamental, technical, and cyclical analysis. The advisors at Capital Financial Advisors hold various certifications such as Certified Financial Planner (CFP®), NAPFA Registered Advisors®, and Chartered Financial Analyst (CFA). The firm maintains a Business Continuity Plan for disaster recovery and an Information Security Program to safeguard client information. Clients receive quarterly performance reports and have the option for discretionary trading authority. The firm's principal owners are Kerry Mayo and Julie Sciandra, who oversee the operations and client relationships. Cathy Beebe recently joined the firm as a Law Assistant.