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Organizations

Certified Financial Planner Board of Standards, Inc (CFP Board)

Certified Financial Planner Board of Standards, Inc. (CFP Board) was founded in 1985 as a 501(c)(3) non-profit organization that serves the public interest by promoting the value of professional, competent and ethical financial planning services, as represented by those who have attained CFP® certification. CFP Board sets and enforces the requirements for CFP® certification, including: Education, Examination, Experience and Ethics.

Individuals who successfully complete CFP Board’s initial and ongoing certification requirements are authorized to use the CFP® certification marks in the United States.

Worth Leading Advisors

Magnus Financial Group LLC is featured in the Worth Leading Advisors Wealth Management section of Worth magazine and on Worth.com. As a trusted resource for high net worth individuals, Worth has long been dedicated to helping readers build, invest and share their wealth wisely. In Leading Advisors, Worth offers informed guidance from a select group of vetted advisors with substantial expertise. For answers to wealth management, tax and accounting questions, Worth features contributions from 12 leading firms. For more information about Worth Leading Advisors, visit http://www.worth.com/advisors/

The National Association of Estate Planners & Councils

The National Association of Estate Planners & Councils was formed in 1962 and incorporated in 1963 as a non-profit business league by 13 estate planning leaders from nine councils. The association’s core belief is that the team concept of estate planning best serves the client. Each program, benefit and service is developed with this single value in mind.

The NAEPC boasts over 260-member estate planning councils and provides services to their estimated 29,0000 individual members. In addition, the association has nearly 1,800 active Accredited Estate Planner® designees with representation in nearly every state of the country. Professional are typically within the accounting, insurance, legal, trust services or financial planning fields, all with a focus on estate planning.

All individuals obtaining the AEP designation must demonstrate a continued commitment to the team approach to estate planning and adhere to a strict code of ethics.

Forbes Finance Council

Forbes Finance Council is an invitation-only community for executives in accounting, financial planning, wealth and asset management and investment firms.

Forbes Finance Council members are hand-selected, to become part of a curated network of successful peers and get access to a variety of exclusive benefits and resources, including the opportunity to submit thought leadership articles and short tips on industry-related topics for publishing on Forbes.com.

Forbes Councils combines an innovative, high-touch approach to community management perfected by the team behind Young Entrepreneur Council (YEC) with the extensive resources and global reach of Forbes. As a result, Forbes Council members get access to the people, benefits and expertise they need to grow their businesses — and a dedicated member concierge who acts as an extension of their own team, providing personalized one-on-one support.

For more information about Forbes Finance Council, visit https://forbesfinancecouncil.com/

Estate Planning Council of New York City, Inc.

The Estate Planning Council of New York City is an interdisciplinary organization for professionals involved in estate planning. Since its inception in 1959, the Council's primary objective has been to provide a better understanding of the services performed by attorneys, life underwriters, trust officers, accountants, and others substantially involved in estate planning and to promote cooperation among them.

Our meetings provide a medium for discussion of various, up-to-date estate planning topics of common interest. In addition to the excellent educational information and technical content, our meetings afford our members the opportunity to network, meet old friends and make new ones within the greater New York City professional community.

POSITIVE COACHING ALLIANCE - NEW YORK CITY (PCA - NYC)

Positive Coaching Alliance (PCA) develops BETTER ATHLETES, BETTER PEOPLE through resources for youth and high school sports coaches, parents, administrators and student-athletes. In addition to nearly 1,500 free multimedia tips and tools at www.PCADevZone.org, PCA has partnered with roughly 3,500 schools and youth sports organizations nationwide to deliver more than 20,000 live group workshops, along with online courses and books by PCA Founder Jim Thompson that help those involved in youth and high school sports create a positive, character-building youth sports culture.

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About

Technology

Charles Schwab & Co., Inc.

Schwab’s three main business segments are structured to meet client needs – removing complexity but not the quality and sophistication of investment solutions.

Investor Services provides brokerage to millions of individuals who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank.

Advisor Services provides trading, custody, and technology practice management and other support services to nearly 7,000 independent investment advisors.

Both of these segments offer financial products and services developed by Charles Schwab Investment Management Inc., the investment advisor for Schwab’s proprietary funds, as well as an extensive selection of third party products. Both segments offer advice solutions, including separately managed accounts, customized personal advice for tailored portfolios, specialized planning and full-time portfolio management.

Retirement Plan Services provides comprehensive 401(k) plan services to employers and plan sponsors, including a range of plan types, investment solutions, trust and custody services, and recordkeeping.

eMoney Advisor LLC

eMoney Advisor, LLC (“eMoney”), based in Radnor, Pennsylvania, is the only wealth-planning system for financial advisors that offers superior transparency, accessibility, security, and organization for everything that affects their clients’ financial lives. A technology envisioned and created by advisors for advisors, eMoney's award-winning software and resources are tailored to transform the advisor's ability to implement comprehensive financial plans and prepare clients for a secure financial future.

In an increasingly digital world, eMoney continuously reinvents its wealth-management platform by keeping pace with cutting-edge technology trends. eMoney enables advisors to focus on client retention, the growth of their practice and, most importantly, putting their clients first—all through the infusion of innovative solutions.

eMoney has enterprise relationships with 9 of the 15 largest insurance companies, over 100 of the nation’s most successful broker/dealers and many of the nation’s leading advisory firms. In a manner unparalleled by any other system, eMoney has helped advisors increase assets under management, identify product opportunities and win the confidence and loyalty of the clients they serve.

Orion Advisor Services LLC

Since 1999, Orion was built by advisors, for advisors. The market didn’t have a portfolio accounting service good enough for our sister company, a registered investment adviser, so we built the solution ourselves. We understand the frustrations you have to work through, because they’re ones we’ve experienced ourselves. So, we’ve come up with innovative, advanced solutions to problems you face every day. Like you, we aren’t content with what exists. We look ahead to uncover what’s next. They currently serve $375B in Assets Under Administration and over 950 Advisory Firms.

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Meet The Team

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Why Choose Us

About

Why Choose Us

Magnus Financial Group LLC is an independent investment management firm. We provide customized wealth management and financial planning services for clients in all phases of their lives. For over fifteen years, our advisors have put client needs first and have helped them achieve long-term financial success and security.

The Magnus approach to wealth management has been built around the need to develop a clearly defined strategy to help a spectrum of clients with varying financial goals. We utilize both quantitative and qualitative research to help evaluate our clients’ holdings and define an asset allocation structured to their risk tolerance and goals. This tailored approach centers around optimizing investment outcomes and designing insurance portfolios to provide protection should life circumstances unexpectedly change.

Our approach emphasizes:

modern technology which provides transparency and real-time access

personalized service focused on our clients

executing on a plan with the goal of providing long-term financial security

Systematically revisiting the plan to review, reassess and recalibrate

Each client’s needs are different. Magnus provides investment advisory services tailored to the client’s unique circumstances. Magnus advisors consult with clients on an initial and ongoing basis to assess their specific risk tolerances, time horizon, liquidity constraints and other factors relevant to the management of their asset portfolios.

If clients’ financial situations change, or if their investment objectives and/or risk tolerances change, clients are advised to promptly notify Magnus.

The Process

Our process starts with meeting with you, the client, to learn about your personal circumstances. We then prepare a recommended financial plan with the help of our “Investment Team” and prepare a presentation and implementation strategy for client approval. Finally, once the strategy is agreed upon, the plan is executed. Strong communication from the initial meeting phase and beyond is a key to long-term success. We will meet at throughout the year to ensure plan transparency and to provide ample time to modify the plan as circumstances change.

The process not only focuses on collecting information and identifying goals, we work diligently to optimize client portfolios, provide timely portfolio rebalancing and tax loss harvesting while providing clients with the ability to monitor performance through mobile technology.

INVESTMENT TEAM

Magnus’ Investment team is divided into operations, research and trading and represents another integral component of our operations platform. Our Investment Team provides ongoing portfolio monitoring and conducts market research and analysis for our investment clients. Our wealth management advisors work closely with Investment Team personnel. They serve as a devoted and specialized team to help Magnus advisors make timely and informed investment decisions which contributes to our comprehensive planning process. It helps to ensure that client investments properly align with personal goals and needs are accurately reflected and projected throughout their financial plan.

Among other things, our Investment Team:

actively monitors client investment holdings

applies a disciplined rebalancing approach to realign with an underlying investment policy statement

optimizes and maintains the best asset allocation mix to achieve the desired return objectives given the client risk tolerance

audits fees and performance of our fund managers

optimizes and maintains the best asset allocation mix to achieve the desired return objectives given client risk tolerance; and

conducts annual customized tax-loss harvesting for the purpose of minimizing tax consequences.

RISK MANAGEMENT

We evaluate risk management strategies, and as needed, recommend necessary solutions for life, disability, and long term care. We have access to world-class risk management products to serve both business enterprises and high net worth individuals and families.

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Contact

  • Phone:
    800-339-1367
  • E-Mail:
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Securities offered through Charles Schwab & Co., Inc. Member FINRA/SIPC.
Copyright © 2020 Magnus Financial Group | Powered by AdvisorFlex

90 Park Avenue, Suite 1800, New York, NY 10016 | Phone: 800-339-1367 | Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Active clients will receive account statements directly from their qualified custodian at least quarterly. Statements should detail all transactions during the period. If you have any questions or are not receiving account statements at least quarterly, please contact us. If at any time you experience any changes in your investment objectives or risk tolerance, please contact us to determine if changes to your investment elections are necessary.

This website is provided by Magnus Financial Group LLC (“Magnus” or the “Firm”) for informational purposes only. Investing involves the risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results and may be impacted by events and economic conditions that will not prevail in the future. No portion of this commentary is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. Certain information contained herein this is derived from sources that Magnus believes to be reliable; however, the Firm does not guarantee the accuracy or timeliness of such information and assumes no liability for any resulting damages.

Magnus is an SEC registered investment adviser that maintains a principal place of business in New York. The Firm may only transact in those states which our notice is filed or qualifies for a corresponding exemption from such requirements. View Magnus Privacy Notice for more details. For information about Magnus’s registration status and business operations, please consult the Firm’s Form ADV disclosure documents, the most recent versions of which are available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov

Michael S. Schwartz is primarily licensed in New York and may be licensed in other states. AR License # 444300, CA License # 0H02771

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements

Regarding client privacy, please view the following Magnus Privacy Notice