Services provided by ECWM consist of over 28 years of collective experience in the securities brokerage, insurance, estate and tax planning. Utilizing an open architecture platform, the Firm is capable of delivering total Wealth Management solutions to the client. With a solid emphasis on increasing net worth, optimizing tax situations, managing client portfolios on a total return basis and implementing viable risk management solutions, clients can achieve this by leveraging the ECWM platform. Our goal is to be client’s exclusive Wealth Adviser.
ECWM charges a fee retainer to develop an initial financial plan and long-term relationship based on the complexity of the client’s individual situation. In order to maintain the relationship, an ongoing retainer of fifty percent of the first year fee is charged. The fees are compensation for our availability to the client base and other customer service expenses. ECWM believes that a financial and time commitment on the part of the Wealth Manager and the client leads to long-term success and a positive client relationship. In addition, for client’s desiring Investment Management Services (IMS), a separate fee schedule is available which levies a charge for portfolio assets under management. The IMS fee involves selection and ongoing monitoring of the investment manager(s), and their performance, analysis of client model portfolios and resulting strategic rebalancing at periodic intervals. ECWM also believes that this further aligns the interests of the client and the Wealth Manager in growing portfolio assets.
A separate fee will be charged for the preparation of an individual, partnership or corporate tax return, by Robert Mastrandrea, CPA & Associates, LLC, our affiliated CPA Firm. ECWM believes that this service is an integral component in understanding the effect that investment results have on the client’s tax situation. ECWM renders advice on estate planning, but does not draft legal documents. We will refer our clients to a network of general or specialist attorneys.
ECWM utilizes the latest firewall and anti-virus programs and our third party software providers utilize extensive security Internet protocols. For an added layer of security, final client data is maintained on a non-Internet, non-networked disk drive system. Client information is backed up to offsite storage on a weekly basis. Additionally, ECWM premises are monitored by a police and fire alarm system on a 24 x 7 basis.
Contact ECWM at 973-396-8626 to arrange for a free initial in-person or telephonic consultation to determine if our services could assist in meeting your financial, risk management and other lifestyle goals. We look forward to earning your trust and business.