Philip + Capell - Financial Advisor in Melville, NY

Paladin Research Report For:

Philip Capell

Piermont Wealth Management Inc.

48 South Service Road
Suite 102
Melville, NY 11747

General Information

Firm Start Year
  • 2000
No.of Employees
  • 5-9
  • 4544394
Firm CRD#
  • 119376
Name of Custodial Firm
  • Charles Schwab / TD Ameritrade
Years of Experience in Financial Services
  • 24
Number of Years with Current Firm
  • 14
Work Experience
  • After practicing as a Tax Attorney (partner) for several years, I started Piermont in 2000 as a Fee-only (non-commissioned based) Wealth Management firms in New York.
Advisory Services Provided
  • Financial Advice & Consulting, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Financial Planning for Individuals, Financial Planning for Businesses, Estate Planning & Trusts


Registered Investment Advisor
  • Yes
Registered Representative
  • Yes
Investment Advisor Representative
  • Yes

Qualifications & Membership

Certifications, Accreditations & Designations
  • CFP®, JD, MS in Tax
Financial Organization Memberships
  • National Association of Personal Financial Advisors (NAPFA), Financial Planning Association (FPA)
Non-Financial Organization Memberships
  • Nassau Bar Association

Firm Information

Firm's Number of Clients
  • 100+
Firm's Number of Planning Clients
  • 100+
Firm's Number of Managed Clients
  • 100+
Assets Managed by Firm
  • $100M-$200M
Advisor's Number of Clients
  • 100+
Advisor's Number of Managed Clients
  • 100+
Advisor's Number of Planning Clients
  • 100+
Assets Managed by Advisor
  • $100M-$200M

Compensation and Fees

Fee Structure
  • Fee-Only
Minimum Portfolio Size for New Managed Accounts
  • $500,000
Fee % Based on Assets
  • .85%
Additional Details on Charges
  • Piermont typically does not charge additional fees for financial planning services. Such services are part of wealth management and are needed to properly serve our clients. Our annual average fee is approx. .85% of the value of the assets we manage for our clients.
Minimum Fee Charged for Managed Accounts
  • none


BS degree -
  • Cornell University


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