Buffalo First Wealth Management, LLC's business model is a Registered Investment Advisors (RIA). RIA's goals are aligned with those of their clients. Unlike stockbrokers and broker-dealers, RIAs are bound by fiduciary duty, meaning they must put customers' interests ahead of their own as opposed to Investment Registered Advisor-Broker/Dealers who are under no such obligation; they must simply offer products that are suitable for their clients.
We charge asset based fees to manage our client's accounts value. After spending almost 10 years working for what is called a Broker Dealer, the founders of the firm decided that they were working for the firm, and not their clients. It was then that they created a fee-based advisory services practice.
We charge asset based fees to manage our client's accounts value. After spending almost 10 years working for what is called a Broker Dealer, the founders of the firm decided that they were working for the firm, and not their clients. It was then that they created a fee-based advisory services practice.
Services
Buffalo First Wealth Management, LLC is an independent financial planning and registered investment advisory firm located in Buffalo, New York. At Buffalo First Wealth Management, LLC, we believe our independence and private ownership enhance our ability to provide you with unbiased and objective advice-putting you, our clients, at the heart of our business.
When was the last time you made an investment that did not perform as expected - and how did you respond?. What are the checks and balances in the management of my assets - and who is the custodian?. Frequently people will interchange the terms "Registered Investment Advisor" (RIA) and "Broker/Dealer" when discussing a person they work with on their investments.
Kevin R. Connolly is founder and Chief Executive Officer of Buffalo First Wealth Management, LLC and Chief Executive Officer of Buffalo First Advisory Group, LLC. Kevin Connolly received a MBA, Master of Business Administration Degree with a concentration in Strategic Management from Medaille College, Buffalo, New York, and holds a BS, Bachelor of Science Business Management Degree (TTT) from Niagara University, Lewiston, New York.
As we strive to provide excellent service and value, we are proud to host a series of seminars. Our seminars have included topics such as financial planning, insurance, investing and taxes. We often invite a subject expert to speak about a topic. Stay tuned for our next event! And please let us know if you have any suggestions on topics you'd like to learn more about.
The advisor shall exercise his/her best efforts to act in good faith and in the best interests of the client. The advisor shall provide written disclosure to the client prior to the engagement of the advisor, and thereafter throughout the term of the engagement, of any conflicts of interest which will or reasonably may compromise the impartiality or independence of the advisor.
Reviews (4)
Michael Knapp
Jul 10, 2020
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I became an advisor here because I believe in the Registered Investment Advisor (RIA) model. As a consumer, entrepreneur, and accountant, I would look for advisors that have a fiduciary responsibility with fee based compensation. Buffalo First offers that along with professionals of the highest integrity and professionalism. I have one reputation and am very particular about who I do business with. Buffalo First Wealth Management should be on your list of Financial professionals to call.
Ellen Morse
Dec 18, 2018
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Shawn Ball
Nov 11, 2018
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Phil Rot
Dec 17, 2016
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1. They indicate they will work around your schedule but once you signed up, you have to accomodate to their convenience.
2. Beware that when you terminate service contract with them, they will continue to charge their fees to your brokerage account at Scottrade as when this account is opened, it is linked to them as your advisor. So, even if they are not doing anything anymore, ie your money is just sitting in YOUR account and you are managing it yourself after signing papers to tell them not to manage your account anymore and they signed the same document acknowledging this, fees will still
2. Beware that when you terminate service contract with them, they will continue to charge their fees to your brokerage account at Scottrade as when this account is opened, it is linked to them as your advisor. So, even if they are not doing anything anymore, ie your money is just sitting in YOUR account and you are managing it yourself after signing papers to tell them not to manage your account anymore and they signed the same document acknowledging this, fees will still
