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Richard Cerminara Sr.

Advisor at Silver Grove Advisory Services — Saranac Lake, NY

Updated today

Credentials

Series 63, Series 65

Experience

38 years

Location

Saranac Lake, NY

Silver Grove Advisory Services logo

Silver Grove Advisory Services

Team

Total advisors

18

Across 3 offices

Clients per advisor

119 Very High

Avg AUM per client

$210,355 Very Low

HNW client ratio

3% Very Low

About

Richard Cerminara Sr. is a financial advisor at Silver Grove Advisory Services with 38 years of industry experience. He holds the Series 63 and Series 65 licenses and has previously worked at GWN Securities Inc. and operated his own advisory firms. He is also an independent representative for United Healthcare and AIB Insurance Broker. Silver Grove Advisory Services provides investment management, financial planning, and retirement plan consulting to individuals, high-net-worth clients, trusts, estates, and businesses. The firm manages approximately $453.6 million in client assets, offering diversified portfolios primarily composed of low-cost mutual funds and ETFs alongside individual securities, with various delivery models including discretionary management and sponsored platforms.

Client services

Based on Silver Grove Advisory Services

Financial planning Portfolio management Selection of other advisers Retirement plan consulting services

Expertise

Based on Silver Grove Advisory Services

Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) General estate planning guidance General retirement planning

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Fee options

Fixed

Financial planning fixed fees range from $0.00 up to $25,000, negotiable based on service complexity.

Percentage

0.0% to 2.00% annually, negotiable

Commissions

Advisory persons may receive commission-based compensation for securities transactions and insurance products separate from the advisory fees.

Project-based

$0.00 to $500 per hour for financial planning and consulting services

Location

See office

Saranac Lake, NY

Saranac Lake NY

Advisors at this office

1

Most active in

New York

Work history

38 years of industry experience

Silver Grove Advisory Services

2021 - Present • 5 years

Saranac Lake, NY

Richard Cerminara Investor Services

2021 - 2021 • 1 year

Saranac Lake, NY

Richard Cerminarra Investor Services LLC

2005 - 2021 • 16 years

Saranac Lake, NY

GWN Securities Inc.

2005 - 2020 • 15 years

Palm Beach Gardens, FL

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Daniel M

Series 65

Saranac Lake, NY

Fiorile & Associates, LLC

Daniel Mitchell is a financial advisor at Fiorile & Associates, LLC with three years of industry experience. He holds a Series 65 designation and has previously worked at TF Cornerstone and Burns Management. Outside of his advisory role, he is involved in residential apartment leasing as a leasing consultant. Fiorile & Associates is an independent investment advisory firm serving individual investors and high-net-worth households through wealth management and consulting. The firm manages client portfolios on a non-discretionary basis, integrating tax planning and estate coordination, and offers services primarily on flat and fixed fee arrangements.

Wealth management General estate planning guidance General tax planning Options & derivatives strategies
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Joseph F

PFS™, Series 66

Saranac Lake, NY

Fiorile & Associates, LLC

Joseph Fiorile is a financial advisor with Fiorile & Associates, LLC in Saranac Lake, NY. He holds the PFS™ designation and Series 66 license and has 27 years of experience in accounting and financial advisory services, including 15 years with his current firm. In addition to his advisory work, he operates an accounting and bookkeeping business. Fiorile & Associates is an independent investment advisory firm serving individual and high-net-worth clients through wealth management and consulting. The firm manages portfolios on a non-discretionary basis, integrating tax planning and estate coordination, and employs a mix of fundamental and technical analysis alongside asset allocation and option strategies.

Wealth management General estate planning guidance General tax planning Options & derivatives strategies
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Stephen D

Series 63, Series 65

Lake Placid, NY

Renaissance Macro Research LLC

Stephen Duttenhofer is a financial advisor with Renaissance Macro Research LLC, holding Series 63 and Series 65 credentials and bringing 27 years of industry experience. He has worked at various Renaissance entities since 2011 and is also an employee and owner of RenMac Integrated Alpha, a hedge fund focused on large-cap U.S. equities. Renaissance Macro Research LLC provides proprietary macroeconomic research and subscription products to institutional and sophisticated clients, utilizing a proprietary research methodology that integrates macroeconomic, policy, portfolio strategy, and technical perspectives. The firm primarily operates as a subscription research provider rather than a traditional asset manager.

Factor investing / smart beta
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Jeffrey D

CFA®, Series 63

Lake Placid, NY

Renaissance Macro Research LLC

Jeffrey Degraaf is a CFA® charterholder with 33 years of industry experience, currently serving at Renaissance Macro Research LLC. He has held roles at various Renaissance Macro entities since 2011 and is involved as CIO and founding member of Sentry Capital LLC, a family investment fund. Degraaf also owns JSD Consulting, advising on business strategy and planning. Renaissance Macro Research provides macro-economic research products to institutional and sophisticated individual clients through subscription services. The firm employs a proprietary methodology combining economic, policy, portfolio-strategy, technical, and quantitative analysis to deliver frequent research reports and multimedia content without managing client assets.

Factor investing / smart beta
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Indraneil D

Series 63, Series 65

Lake Placid, NY

Renaissance Macro Research LLC

Indraneil Dutta is a financial advisor at Renaissance Macro Research LLC with 14 years of industry experience. He holds Series 63 and Series 65 licenses and has worked with affiliated firms including Renmac Advisory, LLC and Renaissance Macro Securities, LLC. Renaissance Macro Research provides macroeconomic research products to institutional and sophisticated individual clients through a subscription model. The firm integrates economic, policy, portfolio-strategy, and technical analysis with quantitative factors to deliver daily reports, weekly analysis, and multimedia content, without managing client assets or offering individual security recommendations.

Factor investing / smart beta
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Eric B

Series 63, Series 65

Lake Placid, NY

Renaissance Macro Research LLC

Eric Boucher is a financial advisor with Renaissance Macro Research LLC, holding Series 63 and Series 65 licenses and bringing 29 years of industry experience. He has worked at Renaissance Macro Research since 2011 and is currently employed at Renmac Advisory, LLC. Boucher is also an owner and employee of Renmac Integrated Alpha, a hedge fund investing in large-cap U.S. equities. Renaissance Macro Research provides macroeconomic research products to institutional clients and offers a tiered subscription service for sophisticated individual investors. The firm uses a proprietary methodology combining economic, policy, portfolio-strategy, technical, and quantitative analysis to deliver daily reports, weekly analysis, and multimedia content without managing client assets or providing individual security recommendations.

Factor investing / smart beta
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