FREQUENTLY ASKED QUESTIONS
Straight answers to common questions.
How I work, what it costs, and what to expect — before we ever talk. Don't see your question? Just ask.
Getting started
Who do you work with?
I work primarily with established business owners and high-earning executives — people whose financial lives have grown complex and who want one advisor coordinating the whole picture. I also work with professionals and families who want the same kind of long-term, coordinated guidance.
Where are you located? Do you work with clients outside New Jersey?
My office is in Jersey City, New Jersey, and I work with clients across the country. We can meet at my office, virtually by video (Zoom) or phone from anywhere in the U.S. — or I'm happy to travel to meet you in person, at your home, your business, or wherever is most convenient for you.
Can we work together entirely virtually?
Yes. Many clients work with me entirely by video and phone. Planning meetings, portfolio reviews, and paperwork can all be handled virtually, and your secure client portal keeps your accounts and plan available any time.
What happens on the first call?
It's a 30-minute introductory conversation, with no cost and no obligation. We'll talk about where you are, what you've built, and what matters most to you — and whether working together makes sense.
Fees
How much does financial planning cost?
Financial planning is offered for a flat fee of $1,250, billed quarterly. You'll know the cost before we begin — no surprises.
How much does investment management cost?
Investment management is billed as a percentage of the assets I manage, from 0.25% to 1.00% annually, based on the size of your accounts. We'll go over the exact fee during your introductory call.
How are you paid?
I'm paid in three ways, and I'll always tell you which applies before you make any decision. Financial planning is a flat fee of $1,250, billed quarterly. Investment management is a percentage of the assets I manage, from 0.25% to 1.00% annually. Insurance products pay a commission from the insurance company. Before we begin, you'll receive a written summary of exactly what you'll pay.
Are you a fee-only advisor?
— I'm fee-based for investment management; flat-fee for financial planning; and insurance products pay a commission. I disclose how I'm paid on every recommendation, and as an Investment Adviser Representative I act as a fiduciary when providing investment advice.
What's the difference between a flat fee and a percentage-of-assets fee?
A flat fee is a set price for planning advice, no matter how much you have invested. A percentage-of-assets fee is tied to the value of the accounts being managed, so it covers the ongoing work of managing your portfolio. Many clients use planning, investment management, or both, depending on what they need.
Services
What's included in a financial plan?
Your plan brings every part of your financial life into one strategy: cash flow and savings, retirement, tax-aware planning, business and exit planning for owners, protection and insurance, and estate and legacy — coordinated with your CPA and attorney.
How do you invest?
Portfolios are built from three building blocks: equities (individual stocks, ETFs, and mutual funds), bonds (U.S. Treasury, municipal, and corporate bonds, plus bond funds), and long-term growth. Every decision is tied to your plan and managed with a long-term view.
Do you help with insurance?
Yes. I'm licensed in life, disability, long-term care, and annuity insurance. I'll review the coverage you already have, identify gaps, and recommend coverage sized to your plan.
Can you help my business set up or review a 401(k)?
Yes. I help business owners design and launch retirement plans, enroll and educate employees, and review existing plans for costs, participation, and design.
Do you provide tax or legal advice?
No. I don't provide tax or legal advice, but tax and estate considerations are built into your plan, and I coordinate directly with your CPA and estate attorney so every recommendation supports the same strategy.
Working together
Who holds my money?
Your accounts are held in your name at an independent custodian, [Fidelity Investments]. I manage the investments, but I never take possession of your money.
How will I see my accounts and my plan?
You'll have access to a secure eMoney client portal that brings your accounts, plan, and progress together in one place, along with direct access to your accounts at the custodian.
How often will we meet?
Investment management clients meet with me for a full review at least twice a year, in person or by video, and you can reach me any time in between. Before every meeting, I prepare a strategic wealth review so our time is focused on decisions.
What is your relationship with Woodstock Wealth Management?
I'm an Investment Adviser Representative of Woodstock Wealth Management, Inc., an SEC-registered investment adviser. Woodstock Wealth Management, Inc. and Tomolonis Financial LLC are unrelated entities. You can review my background and registration on the SEC's Investment Adviser Public Disclosure site at adviserinfo.sec.gov.
How do I get started?
Schedule a 30-minute introductory call, or call me at (201) 600-9461. We'll talk about where you are and whether we're a good fit.