SK

Stephen Thomas Kelly

10 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
20 advisors
Number of Clients
138 clients
Average Client Portfolio
$21.2M average
Assets Under Management
$2.9B

Fee Structure

AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $1.0M1.00%
$1.0M - $3.0M0.80%
$3.0M - $5.0M0.60%
$5M+0.50%

Minimum fee of $1,000. Fees for fixed income strategy are reduced by 50%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
Minimum Annual Fee:$1,000
Hourly Rate:$125 - $300/hr

Investment management fees are based on a tiered fee schedule, calculated monthly based on the market value of assets under management. The firm imposes a minimum fee of $1,000. Fees for fixed income strategies are reduced by 50% from the standard fee schedule. Financial planning services are offered on an hourly basis ($125-$300 per hour) or a fixed engagement fee, negotiable based on the complexity of services and the overall relationship.

Areas of Practice
Investment ManagementRetirement PlanningEstate PlanningInsurance PlanningFinancial Planning & CoachingHigh Net Worth
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Advisor Information

Office location

120 White Plains Road, Suite 135, Tarrytown, NY, 10591

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Regulatory History (1)
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Criminal
April 2011
Final Disposition
Other Business ActivitiesSells Insurance

Stephen is a licensed insurance agent and implements insurance recommendations through Lasalle St. Insurance Services, Inc. This activity takes about 10% of his time.

Employment History
Current Registrations
Midland Wealth Management
May 2025 - Present · 8 mos
Previous Registrations
Wells Fargo Advisors
September 2024 - May 2025 · 8 mos
Wells Fargo Clearing Services, LLC Broker
September 2024 - May 2025 · 8 mos
Citigroup Global Markets INC.
June 2020 - April 2024 · 3 yrs 10 mos
Citigroup Global Markets INC. Broker
December 2015 - April 2024 · 8 yrs 4 mos
J.P. Morgan Securities LLC Broker
May 2015 - December 2015 · 7 mos
State Registrations1 state
NY
Advisor
Exams
No exam information available for this advisor.
Stephen Thomas Kelly - Financial Advisor | AdvisorDiscover