Long Run Wealth Advisors, LLC

Long Run Wealth Advisors, LLC is a registered investment adviser based in Lake Placid, NY. Established in November 2020, the firm specializes in providing holistic advisory services to individuals, high-net-worth individuals, business owners, non-profits, endowments, foundations, and retirement plans. Long Run offers wealth management services, including investment management and comprehensive financial planning. The firm manages client investment portfolios on a discretionary or non-discretionary basis, primarily allocating assets among individual equity securities, ETFs, and fixed-income securities. Long Run may also utilize mutual funds and independent investment managers in limited circumstances. The firm tailors its advisory services to meet clients' objectives and continuously monitors portfolios to ensure alignment with clients' needs. Long Run charges annual fees based on assets under management, ranging from 0.50% to 1.50%. The firm also provides financial planning services for fixed fees, ranging from $1,000 to $10,000 for project-based fees and $250 to $2,000 quarterly for ongoing services. Clients have the option to engage Long Run for retirement plan consulting services, which are individually negotiated based on the scope of services. The firm does not charge performance-based fees and acts as a fiduciary, putting clients' interests first. Clients have the ability to impose restrictions on account management, and Long Run exercises investment discretion over client accounts. The firm does not accept authority to vote client securities and does not have custody of client funds and securities beyond the ability to debit fees. Long Run has not been involved in any material legal or disciplinary events.