Beacon Financial Advisory LLC

RIASEC RegisteredEst. 2016
Total AUM
$901M
Discretionary
$901M
100% of AUM
Avg account
$354K
Accounts
2,542
Employees
13
Advisory reps
13

Firm details

Headquarters
Cleveland, Ohio
CRD number
174334
Registered since
September 12, 2016
Website
www.beaconplanners.com
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI68.34%
  • Individuals28.59%
  • Pension & Profit Sharing Plans3.05%
  • Charitable Organizations0.03%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Beacon Financial Advisory LLC is an independent registered investment adviser organized as an LLC and operating as a capital allocator for both individual/family and institutional clients. The firm offers a mix of fee arrangements — percentage of AUM, hourly, fixed fees and other structures — and provides financial planning, portfolio management for individuals and small businesses, selection and oversight of external advisers, pension-related consulting, and educational seminars/workshops. Beacon is not positioned as an ESG investor and is not flagged as a multi-state adviser in the source data. The firm was recognized on Citywire’s “50 Growers Across America” list in 2021.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Non-Exchange Traded Equities 32%, Public Funds/Mutual Funds 31%, Exchange Traded Equities 18%, Private Funds 10%, Cash & Cash Equivalents 4%, US Government Bonds 1%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%, Non-Investment Grade Corp Bonds 1%, Other 1%32%
  • Non-Exchange Traded Equities32%
  • Public Funds/Mutual Funds31%
  • Exchange Traded Equities18%
  • Private Funds10%
  • Cash & Cash Equivalents4%

Owners & executives

2 of 2
  • Deborah George

    Deborah George

    Chief Operations OfficerCRD 4383646

  • Joseph Randazzo

    Joseph Randazzo

    CEO and Managing MemberCRD 2207910

Contacts

3 of 11
  • Susan Wanamaker

    Susan Wanamaker

    Financial AdvisorCRD 1084399

  • Philip O'toole

    Philip O'toole

    Financial AdvisorCRD 4039027

  • Raymond Tropp

    Raymond Tropp

    Financial Advisor and Registered RepresentativeCRD 2645867

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 321

Active vs passive

$456M in ETFs

Passive

44%

$203M

Active

46%

$254M

ETFProviderStyleCategoryValueShares% of portfolio
CAPITAL GROUP DIVIDEND VALUE ETF (CGDV)Capital GroupActiveLarge Value$22M447,3384.83%
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Location

Primary office

Cleveland, OH

Cuyahoga

Location

Cleveland, OH

Headquartered in Cleveland, OH, anchoring the Cleveland-Akron-Canton, OH metro in the Midwest.

Metro area
Cleveland-Akron-Canton, OH
Region
Midwest
County
Cuyahoga
Address
25825 Science Park Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth