Prior to joining Excelsior Wealth Partners, Russell spent almost 10 years as a Vice President with M&T Securities. Previously to M&T Securities, Russell worked for SunTrust's Sports & Entertainment Division in Miami, Florida, which focused exclusively on the unique planning needs of celebrities and professional athletes. Russell also served with a Special Forces National Guard unit in Florida, and was an FBI Special Agent candidate in 2008.
Excelsior Wealth is a premier asset management firm, that is in the business of finding innovative investment solutions and great investment ideas.
Our experience, personalized approach, and commitment to serving our clients make us unique in our Marketplace.
A community of independent financial advisors who share a commitment for excellence by fostering a culture of openness and transparency, while focusing on a world class client experience.
We can help you achieve your financial goals through tailored money management and a fee structure designed for your success.
As a well-respected investment advisory firm, our reputation thrives on our high-level of customer satisfaction. When our clients are truly confident in their financial stability, we have done our job.
Whether we assist you with your transition into retirement or helping you manage your portfolio risk; Excelsior Wealth can help you achieve your financial goals.
General Information |
| Firm Start Year: | 1924 | |
| Insurance License#: | LA-964078 |
| States Licensed in: | CA, MA, MD, NC, NY, PA |
| Number of Years with Current Firm: | 5 |
| Work Experience: | 2002-2003 Prudential Financial 2003-2006 Bank of America/Merrill Lynch 2006-2009 SunTrust Investment Services 2010-2012 US Army/National Guard 2012-2020 M&T Securities 2020- current Excelsior Wealth Partners (Sagepoint Financial/Osaic Group) |
| Work with the following types of clients: | Businesses, Individual Investors, Non-Profit Organizations |
| Advisory Services Provided: | Risk Management, Financial Planning for Individuals, Financial Planning for Businesses, Money Management, Financial Advice & Consulting, Investment Advice & Management, Insurance Products & Annuities, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management |
Services |
| Investment Types: | Bonds, Options & Futures, Mutual Funds, Stocks, Annuities, Insurance, Commodities, Mortgages & Real Estate, Exchange Traded Funds (ETFs), Alternative Investments, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Phone, Email, Your Office, Our Office, Video Conference, Your Home |
Qualifications & Memberships |
| Insurance and Annuity Licenses: | Variable Life, Long Term Care, Variable Annuity, Life, Health, Disability |
Firm Information |
| Advisor's Number of Clients: | 250 |
| Advisor's Number of Managed Clients: | 187 |
| Advisor's Number of Planning Clients: | 200 |
| Assets Managed by Advisor: | $57 million |
Compensation and Fees |
| Fee Structure: | Fee-Based |
| Minimum Portfolio Size for New Managed Accounts: | $250000 |
| Compensation Methods: | Based on Assets, Flat Fee |
| Fee % Based on Assets: | 1.25 |
| Additional Details on Charges: | 1.25% asset management fee to $749,999 $750K to $999,999 1% asset management fee $1 million to $2,999,999 .80% asset management fee $3million to $4,999,999 .60 % asset management fee $5million+ .35% asset management fee |
| Minimum Fee Charged for Managed Accounts: | $3125 annual |
| Minimum Fee Charged for Hourly Planning Accounts: | $700 |
Education |
| Bachelors of Science - Finance and Marketing | Catawba College - Salisbury, NC 08/20/1998-05/13/2001 |
Financial Services |
| Financial Planning for Businesses
Help clients identify and prioritize areas of Financial planning such as: risk management, investment management, estate planning, tax planning, retirement planning. |
| Financial Planning for Individuals
Help clients identify and prioritize areas of Financial planning such as: risk management, investment management, estate planning, tax planning, retirement planning. |
| Financial Advice & Consulting
Assess current need or Financial Advice/ consulting. Develop appropriate engagement plan moving forward. Identify areas of concern. Prioritize Financial Goals. Implementation of Recommendations and communication of reviews or necessary revisions. |
| Portfolio Management
Assess (if applicable) current portfolio. Evaluate Risk tolerance and holdings. Design strategy based on financial goals. ongoing management, including rebalancing, security selection and management, tax-efficiency, and periodic reviews and updates. |
| Retirement Planning
Identify income needs in retirement; assess probability of success, develop and implement an income replacement strategy, position investments to provide highest outcome of success for retirement, establish tax-efficiency for withdrawals, discuss potential challenges, ongoing monitoring and adjustments. |
| 401K Rollovers
Compare existing 401k/qualified plan with client options. Help clients identify pros and cons of each available option. Assist client in company sponsored paperwork. Develop appropriate investment strategy alternative to 401k. Ongoing reviews of implemented strategy. |
| Investment Advice & Management
Assess (if applicable) current investment strategy. Identify any gaps or challenges of current investments in relation to clients goals. Develop an investment strategy including identifying appropriate risk-adjusted returns, security selection and research, expectations, and position investments strategically aligned with clients goals. |
| Wealth Management
Coordinate designed investment strategy with current planning goals, including cash flow needs, tax-efficiency, charitable inclinations, legacy goals. |
| Risk Management
Identify and assess challenges to stated goals, including but not limited to investment strategy. Prioritize eliminating known or potential risks, vs mitigating known or potential risks. Ongoing review of implemented plan and necessary adjustments. |
Disclosures |
|
WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. |
|
Additional Detailed Disclosures |
Registered Representative:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
| Syracuse | Rochester |
| Utica | New Hartford |
| Miami | Ft Lauderdale |
| Manlius | Canastota |
| Fayetteville | Rome |
| Baldwinsville | Cicero |
| Liverpool | |
 |
