BEACON FINANCIAL ADVISORS

RIASEC RegisteredEst. 2013

Total AUM

$228M

Discretionary

$210M

92% of AUM

Avg account

$625K

Accounts

365

Employees

Advisory reps

Firm details

Headquarters: RYE BROOK, New York
CRD number: 119672
Registered since: April 12, 2013
Website: beaconfa.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI89.93%
Pension & Profit Sharing Plans7.97%
Individuals2.1%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Beacon Financial Advisors is an independent, SEC-registered RIA organized as a corporation and owner-operated. The firm provides comprehensive planning and portfolio management for individuals, families and small-business clients and also serves institutional relationships. Its advisory services include financial planning, discretionary portfolio management for individuals and small businesses, and selection of third-party advisers; the firm also acts as an insurance broker. Fee arrangements include percentage-of-AUM billing plus hourly and fixed-fee options. Beacon identifies itself as a capital allocator that places client capital with external managers, does not report being an active ESG investor, and received a Top RIA Firms mention from FA Magazine in 2020.