Stuart Simchowitz is a registered investment advisor at Rmr Wealth Builders, INC., based in Montclair, NJ, with 39 years of industry experience. Stuart operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 2,099 clients with $2.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
RMR Wealth Builders manages investment portfolios for clients, charging a percentage of the assets managed. The annual fee is a flat percentage of the total account value. The exact percentage is negotiable, but will not exceed 2.65%. Clients also pay an annual administrative fee of $80, charged quarterly. Clients can choose to have fees directly debited from their account or be billed directly.
Location
111 Grove Street, Suite 203, Montclair, NJ, 07042
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Stuart is the Owner/President/CEO of Sammax Consultants, LTD, handling bookkeeping and administration, dedicating minimal time. He is also an Officer/Director at RMR Wealth Builders, Inc., serving as the Director of retirement plan services full-time, and spends a few hours per week as an agent for their human capital management and payroll services.
Employment History
Current Registrations
Rmr Wealth Builders, INC.
Previous Registrations
Calton & Associates, INC.
Calton & Associates, INC.Broker
American Portfolios Advisors, INC
American Portfolios Financial Services, INC.Broker
American Portfolios Financial Services, INC.Broker
Nrp Advisors, INC.
Nrp Financial, INC.Broker
Nrp Financial, INC.
Bcg Securities, INC.
Bcg Securities, INC.Broker
Walnut Street Securities, INC.
Walnut Street Securities, INC.Broker
Nathan & Lewis Securities, INC.
Nathan & Lewis Securities, INC.Broker
Guardian Investor Services CorporationBroker
Mony Securities CORP.Broker
The Mutual Life Insurance Company of New YorkBroker
Connecticut Mutual Financial Services, INC.Broker
The Mutual Life Insurance Company of New YorkBroker
Mony Securities CORP.Broker
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.