Salvatore (Sam) Paternico
CRD Number: 6316104Current Firm: W & S Management Services, Inc.
Compensation Model: Fee Only
Sam joined W&S Management Services in the spring of 2021, after nearly a decade at Fidelity and ESL Investment Services LLC. Sam is passionate and takes a client centered approach to financial planning. He came to W&S Management as a remedy to the high fees, poor communication and improper risks he often sees elsewhere in the financial services industry. He is excited to apply his expertise in a fee only environment where the needs and financial outcomes of the client come first.
Salvatore Paternico (CRD# 6316104) is an Investment Advisor Representative working at W & S Management Services, Inc. in Rochester, NY and has over 7 years of experience in the finance industry. Salvatore Paternico has taken additional exams to become a Certified Financial Planner (CFP®). CFP professionals must pass the comprehensive CFP Certification Examination,pass CFP Board's Fitness Standards for Candidates and Registrants, agree to abide by CFP Board's Code of Ethics and Professional Responsibility and Rules of Conduct which putclients' interests first and comply with the Financial Planning Practice Standards.
Specialties:
Comprehensive Financial Planning
Investment Planning
Retirement Planning
Retirement Income Strategies
Tax Planning
Inheritance Planning
Cash Flow Analysis
Insurance Analysis
Investment Management
IRA/401k/403b/457 Rollovers
CRD# 3063370
Manning & Napier Advisors, LLC
CRD# 2814482
Merrill Lynch, Pierce, Fenner & Smith Incorporated
CRD# 6538852
Merrill Lynch, Pierce, Fenner & Smith Incorporated
The CFP is the gold standard for financial professionals who perform comprehensive financial planning. CFPs must undergo rigorous exams and meet other requirements to obtain this designation.
Like the CFP, ChFCs take extensive coursework on a wide variety of financial planning topics. ChFCs actually take more coursework than CFPs, but are not required to prove their knowledge through a board examination.
| Company Name | Location | Dates | Years |
|---|---|---|---|
| W&s Management Services, Inc. | Rochester, NY | Mar 2021 - Current | 3 |
| Esl Investment Services LLC | Rochester, NY | Jun 2015 - Mar 2021 | 5 |
| Lpl Financial LLC | Rochester, NY | May 2015 - Mar 2021 | 5 |
| Esl Federal Credit Union | Rochester, NY | May 2015 - Feb 2017 | 1 |
| Fidelity Investments | Rochester, NY | Mar 2014 - May 2015 | 1 |
| Exam Code | Name | Passed Date |
|---|---|---|
| S63 | Uniform Securities State Law Examination | Aug 2014 |
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Total Assets Under Management113MILLIONS
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Total Number of Accounts367ACCOUNTS
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Average Account Value$307,357
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
NY
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