FirstAdvisor, LLC
Private asset and wealth management firm located in Wilmington, Delaware
A Subsidiary of Cover & Rossiter, PA
Cover & Rossiter is the first Delaware CPA firm to form a Registered Investment Advisor (RIA), focusing on individuals with less than $1 million to invest. This is a group that typical investment managers are not interested in, or for which the costs of investing are prohibitively high. By coordinating an individual's tax planning and investment strategy, the RIA is able to help those with less than $1 million to invest in the market at a price they can afford.
Our financial planning philosophy:
Financial planning when broken down to its most basic fundamentals is:
- Building wealth
- Preserving your assets, and
- Distributing funds when the time is appropriate for you
At FirstAdvisor we offer the following services to those who are committed to achieving these basic fundamentals.
- Investment advisory services
- Financial planning services
- Links to client investment platforms
Our investment team:
Questions or comments? Please contact Loretta Manning at 302-656-6632 or send her an email.
"The duty of every citizen is to be self-sufficient"
~Teddy Roosevelt
Investment Advisory Services
Modest Investment Threshold
- Our minimum advisory account threshold is a modest $150,000.
- Our philosophy is to grow and contribute to your financial success.
Rates are based upon assets under management
- $150,000 to $499,999 - 50 basis points
- In excess of $500,000 - 35 basis points
- Rates are subject to change with notification
Your Personal Risk Assessment
- Risk assessment is the first step in the risk management process
- We work with you to understand risk tolerance
- Together we develop an investment strategy designed to optimize risk/reward and minimizing potential loss.
Your customized portfolio
- We customize your portfolio taking into consideration your personal risk assessment
- We consider your goals and their time frame
- We focus on preserving your wealth
- We select the appropriate mixture of investment vehicles to take advantage of the various markets income and growth potential
For more information, please contact Loretta Manning at 302-656-6632 or send her an email.
Financial Planning Services
Financial planning
We work together with you to:
- Identify your goals
- Determine your present financial situation
- Determine your options
- Develop your financial plan
- Implement your plan and
- Monitor your progress
Education planning
- Not all 529 plans are created the same
- Understand which plan is right for you
- Evaluate how education planning can impact your retirement
- Structure your education savings accounts in a way to maximize your ability to obtain financial aid
Retirement planning
- Assess your retirement needs
- Assess your current retirement plan
- Establish a consistent retirement savings plan
- Develop and monitor your retirement plan
Short-term financial planning projects (examples)
- How do I fund education and retirement at the same time?
- Do I relocate or take early retirement package
- Cost of establishing residency in DE vs. PA or NJ
- Analyze taking a job in Philadelphia
- Plan for a vacation home in 10 years
- Reduce credit card debt over 3-5 years
Charitable giving
- Assist you with your charitable giving endeavors
Estate planning
- We work with you and your attorney during the estate planning stage as well as upon your passing.
For more information, please contact Loretta Manning at 302-656-6632 or send her an email.