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Wealth Management Services on Long Island
Independent, fee-based investment management for individuals and families on Long Island, with planning, tax coordination, and estate strategy built around it.
One Coordinated Wealth Management Strategy
Your investments, planning, taxes, and estate strategy work better as one coordinated relationship. At Investment Insight, discretionary investment management is at the center of that relationship. Discretionary means Robert J. Sullivan makes the day-to-day investment decisions on your behalf, within the plan you've agreed on, and for qualifying households, ongoing financial planning is part of how that relationship works. You'll work directly with your advisor over time, so your strategy can adjust as your life does. As an independent, fee-based SEC Registered Investment Adviser, we draw from a wide range of companies and investment options to fit your plan.
How We Can Help
Investment Management
Your portfolio should work as one strategy across the accounts you hold, rather than as separate pieces at separate firms. Discretionary portfolio management, along with the ongoing planning that keeps it current, is the core of what we do.
Financial Planning
Ongoing financial planning is included in our investment management relationship for qualifying households. For clients who would rather start with a plan alone, we also offer financial planning as a standalone engagement.
Retirement Planning
Retirement changes what your portfolio needs to do, since it moves from building savings to producing income. We help you think through retirement income, Social Security timing, and the order you draw from your accounts.
Tax Planning
Looking ahead at your tax picture, in coordination with your CPA, can help you manage what you owe over time. We are not a CPA firm and do not prepare or file returns.
Estate Planning
Passing on what you've built starts with your estate attorney. For qualifying households, estate coordination is part of how we work with our investment management clients.
Insurance Planning
Coverage you bought years ago may no longer match your current plan. We review your existing coverage and work with a licensed insurance professional on next steps. We do not sell or recommend specific policies.
Education Planning
Funding a child's or grandchild's education can fit within a broader plan. We help you choose savings vehicles that align with your other goals.
How We Invest, and Where Your Assets Are Held
We recommend Charles Schwab as the independent custodian and broker for client accounts. Your assets are held by the custodian, not by our firm. You keep direct access to your own accounts and clear reporting on them, and a secure client portal lets you review your holdings at any time. As an SEC Registered Investment Adviser, we serve as a fiduciary, which means we are required to act in your interest. Our approach to managing your portfolio takes a long-term view, diversified across asset classes to reflect your comfort with risk.
Frequently Asked Questions
What is wealth management?
Wealth management is an integrated approach to your financial life that brings investment management, financial planning, tax coordination, retirement income, and estate strategy within a single advisory relationship. At Investment Insight, that relationship centers on discretionary investment management, with planning and coordination included for qualifying households.
What are typical wealth management fees?
Your fee depends on the service you choose, and we explain it in full before you engage. Full fee details for our investment management service are available on our Investment Management page. If you'd prefer to start with a plan alone, we also offer financial planning as a standalone engagement, which runs up to 1.5% of annual household income with a $3,750 minimum; details are on our Financial Planning page.
How much money do you need for wealth management?
Many firms set an asset minimum, though the amount varies. At Investment Insight, our core investment management relationships typically start around $500,000 in investable assets. Households below that level may still benefit from our standalone financial planning engagement. A short conversation can clarify where you fit.
How do I choose a wealth management firm on Long Island?
Investment Insight is an independent, fee-based SEC Registered Investment Adviser. Look for credentials such as Robert J. Sullivan's Chartered Financial Consultant® (ChFC®) and National Social Security Advisor® (NSSA®) designations, and ask how directly you will work with your advisor over time.
Ready to Talk Through Which Services Fit?
Tell us where things stand today and we'll walk you through what working together would look like.
Investing involves risk, including possible loss of principal. Past performance is not a guarantee of future results. Not intended as tax or legal advice; consult a qualified professional regarding your specific situation. Estate planning involves legal matters; IIWM coordinates with your estate attorney and does not provide legal services.
