Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Maltin Wealth Management, Inc. Overview
MALTIN WEALTH MANAGEMENT, INC. is a registered investment advisory firm based in Ridgewood, NJ. Since its inception in 2012, the firm has remained committed to providing investment advice to its clients through a fee-only arrangement. This means that all charges for the services provided by the firm are transparently disclosed to the clients. MALTIN WEALTH MANAGEMENT specializes in a variety of services, including financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutional clients, and pension consulting services. The firm delivers comprehensive financial planning solutions, ensuring clients can reach their long-term financial goals. As a registered investment advisory firm, MALTIN WEALTH MANAGEMENT provides investment recommendations only to its clients. This enables the firm to offer unbiased and personalized investment advice and portfolio management services, tailored to the individual needs of each client. MALTIN WEALTH MANAGEMENT is dedicated to providing its clients with excellent service and has established a reputation for its commitment to client satisfaction. By leveraging its expertise and experience, the firm prides itself on helping clients achieve their financial objectives.
MALTIN WEALTH MANAGEMENT, INC. serves a diverse range of clients, including individuals, high net worth individuals, and pension or profit sharing plans. Each client has unique financial circumstances and objectives, and MALTIN WEALTH MANAGEMENT, INC. offers customized solutions to meet their needs. The firm understands that wealth management is a complex process that requires a comprehensive approach, which is why they work closely with each client to develop tailored strategies that align with their specific objectives. MALTIN WEALTH MANAGEMENT, INC. offers fee structures that are flexible and designed to suit the needs of each client. Depending on the service provided, the firm may charge a percentage of assets under management (AUM) or a fixed fee. The percentage of AUM fee structure is based on a percentage of the total value of assets under the firm's management. This type of fee structure is often used for investment management services. Alternatively, a fixed fee structure is a set price charged for a specific service, such as financial planning or consulting services. This fee structure is often preferred by clients who are looking for a clear understanding of what they will be paying for services rendered. Overall, MALTIN WEALTH MANAGEMENT, INC. strives to provide transparent and flexible fee structures so that clients can access the services they need without being burdened by excessive costs.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure note of MALTIN WEALTH MANAGEMENT, INC., the firm does not have a specific investment minimum requirement. The note states, "We do not have a minimum account size or investment amount." Therefore, individuals can approach the firm regardless of their investment budget and expect MALTIN WEALTH MANAGEMENT, INC. to work with them to achieve their financial goals.
How This Office Can Help Kinnelon, NJ Residents
Maltin Wealth Management, Inc. offers a comprehensive range of financial planning services to clients in Kinnelon, NJ. As a fiduciary, they customize solutions designed to cater to each unique financial situation. Some of the specific financial situations that clients living in Kinnelon, NJ, might be facing include managing wealth, retirement income planning, and estate planning. The experienced team at Maltin Wealth Management, Inc. works closely with clients to provide guidance and solutions that ensure their financial goals are met. Clients can benefit from an array of services including investment management, tax planning, and risk management. Whether you are an individual or a business owner, their team can provide you with the expertise to navigate the complex world of financial planning, ensuring that you are well-equipped to achieve your financial objectives.
Services Offered by Maltin Wealth Management, Inc.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Maltin Wealth Management, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Maltin Wealth Management, Inc. is registered to service clients in the following states:
- California
- Florida
- New Jersey
- New York
- Texas
Disciplinary History
Maltin Wealth Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.