Erik Nero is a CFP-designated registered investment advisor at First Step Wealth Planning, based in Wilton, NY, with 25 years of industry experience. Erik operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Gen X, High Net Worth, Investment Management. Their firm serves 18 clients with $26M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
FSWP offers investment management as part of its comprehensive wealth planning services. The fee for wealth planning services is a flat annual fee based on a rate of between 0.05% to 2.5% of household income, and between 0.05% and 1.0% of household liquid net worth. The first quarter of the fee is paid upfront, and the remaining three quarters are paid monthly, in advance.
Contact
Erik Nero
Location
Wilton, NY
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2016Other Business Activities
Erik is the founder of First Step Wealth Planning, a registered investment advisor, dedicating nearly full-time hours to it. He also works as a school bus driver for Saratoga Springs Central School District, spending about half his time transporting students.
Employment History
Current Registrations
First Step Wealth Planning
Previous Registrations
Origin Financial
Morgan Stanley
Morgan StanleyBroker
Walthausen & CO., LLC
Rafferty Capital Markets, LLCBroker
Strategic Advisers, INC.
Fidelity Brokerage Services LLCBroker
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
Charles Schwab & CO., INC.
Charles Schwab & CO., INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Chase Investment Services CORP.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations1 state
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.