Richard Suarez is a CFP-designated registered investment advisor at Citizens Private Wealth, based in Tarrytown, NY, with 7 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 2,073 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Clarfeld Financial Advisors' investment advisory fee is based on a percentage of the market value of your investments, the scope of services, and the type of assets managed. The fee schedule is negotiable and generally ranges between 0.10% and 2.0%. This can be a percentage of the total assets managed, a tiered percentage, or a flat fee.
For investments allocated only to the Taxable and/or Tax-Exempt bond strategies, a separate fee schedule applies:
- First $10 million — 0.40% per year
- Next $10 million — 0.35% per year
- Next $15 million — 0.25% per year
- Next $15 million — 0.20% per year
- Over $50 million — 0.10% per year
If a portion of your portfolio is managed within the Large Cap Strategy, there is an additional fee of 0.20% per year. For the Liquidity Management Strategy, the fee is between 0.05% and 0.25% per year.
Location
520 White Plains Road, 3rd Floor, Tarrytown, NY, 10591
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Richard serves on the board of directors and is chair of the audit committee for the Bretton Woods Committee, a not-for-profit corporation. He also serves on the board of directors and executive committee of the Boys and Girls Club of Northern Westchester, a not-for-profit organization, and on the board of directors for Bionic Sight, a medical research company.
Employment History
Current Registrations
Citizens Private Wealth
Previous Registrations
Clarfeld Financial Advisors INC
State Registrations2 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.