Cherrydale Wealth Management, LLC

Cherrydale Wealth Management, LLC is a registered investment advisor established in August 2014, based in Hoboken, NJ. The firm's sole owner is Jordan Szekely. They offer comprehensive wealth management services to individuals and families, emphasizing a goals-based, consultative approach. Acting as a fiduciary, the firm commits to loyalty, fairness, and good faith towards clients, aiming to mitigate conflicts of interest. Services include strategic asset allocation, financial planning, and coordination with specialists on non-investment issues. Portfolios primarily consist of ETFs and institutional-class mutual funds, designed for long-term investors. Clients have the option to place restrictions on investments. The firm manages $407,079,669 in client assets as of December 31, 2024, on a discretionary basis. Fees are up to 1.00% annually, billed quarterly. The firm does not charge performance-based fees and does not engage in proprietary investment funds. They work with high net-worth individuals and families, with a minimum relationship size of $1,000,000. Investment strategies are based on individual client goals, risk tolerance, and long-term objectives, utilizing various sources of analysis. The firm does not accept soft dollar benefits, referral fees, or client brokerage commissions. They do not have discretionary authority in selecting custodians or negotiating commissions. Clients have the option to direct brokerage outside the firm's recommendation. Cherrydale Wealth Management does not accept or maintain custody of client accounts, except for the deduction of advisory fees. The firm exercises investment discretion based on individual client investment policy statements.