CFM Advisors Inc
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$187,070,440
Clients
199
Advisors
5
across 2 offices
About
CFM Advisors serves individuals (including high‑net‑worth clients), pension and profit‑sharing plans, and corporate clients. The firm offers non‑discretionary individual portfolio management, a Manager‑of‑Managers program, pension consulting (including IPS preparation and participant education), and financial planning, reporting $202,673,839 in client assets under non‑discretionary management and $2,729,427,088 in 401(k) assets under advisement across 199 clients and five advisors.
The firm develops individualized Personal Investment Policy Statements through client interviews and implements recommendations on a non‑discretionary basis, often by selecting and monitoring third‑party asset managers and program sponsors. CFM uses a range of analytical methods (fundamental, technical, quantitative and qualitative), emphasizes asset allocation, and conducts at least quarterly reviews of accounts and manager performance while retaining authority to hire and fire selected managers.
What is distinctive relative to many team firms is CFM’s emphasis on non‑discretionary advisory relationships and its large advisory role for retirement plans — its 401(k) assets under advisement substantially exceed its non‑discretionary retail assets. The firm is majority‑owned indirectly through Apollo Lunar Module LP and the Russo Family Dynasty Trust and relies on institutional partnerships (including SEI, Schwab and Fidelity platforms) to deliver manager selection, custody and platform services.
Client services
Expertise
Fee options
Financial planning fees charged as fixed fees ranging from $500 to $2,500, with $1,000 minimum (waived if other fee-based compensation received)
$0 - $1,000,000: 2.00% $1,000,001 - $3,000,000: 1.50% $3,000,001 - $5,000,000: 1.00% $5,000,001 - $8,000,000: 0.80% $8,000,001+: 0.50%
Minimum fee: Minimum financial planning fee of $1,000 (waived if advisor receives other fee-based compensation) Fee-only: Financial planning fees on a fixed fee basis, typically $500 to $2,500
Main office
See office1373 Veterans Highway, Suite 10
Hauppauge NY 11788
Advisors at this office
4
Offices (2)
Most active in
Connecticut · Maryland · New York · Pennsylvania · Texas
Also doing business as
Ccg Investments · Cfm Advisors Inc
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Matthew S
Series 63, Series 65
Hauppauge, NY
CFM Advisors Inc
Matthew Stendardi is a financial advisor at CFM Advisors Inc with 10 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at UBS Financial Services Inc and Paychex Securities Corporation. CFM Advisors serves individuals, pension and profit-sharing plans, and corporate clients, focusing on non-discretionary portfolio management and retirement plan advisory services. The firm emphasizes individualized investment policy statements, manager selection, and quarterly performance reviews, with a significant advisory role in 401(k) plans.
Michael P
Series 63, Series 65
Hauppauge, NY
CFM Advisors Inc
Michael Panella is a financial advisor with CFM Advisors Inc in Hauppauge, NY, holding Series 63 and Series 65 credentials and nine years of industry experience. His prior roles include positions at OneDigital Investment Advisors, Triad Advisors LLC, and Paychex Securities Corporation. CFM Advisors serves individuals, pension and profit-sharing plans, and corporate clients with non-discretionary portfolio management, pension consulting, and financial planning. The firm emphasizes individualized investment policy statements, asset allocation, and manager selection, with a notable focus on advisory services for retirement plans.
Lyle H
Series 63, Series 65
Forest Hill, MD
CFM Advisors Inc
Lyle Hardgrove is a financial advisor at CFM Advisors Inc with 11 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at CFM Advisors since 2018, following prior roles at Paychex Securities Corporation and Paychex, Inc. CFM Advisors serves individual clients, including high-net-worth individuals, as well as pension and profit-sharing plans and corporate clients. The firm specializes in non-discretionary portfolio management and retirement plan advisory services, managing over $200 million in client assets outside of retirement plans and advising on more than $2.7 billion in 401(k) assets.
John R
Series 63
Hauppauge, NY
CFM Advisors Inc
John Romano is a financial advisor at CFM Advisors Inc with 21 years of industry experience. He has been with CFM Advisors since 2006 and holds a Series 63 designation. CFM Advisors, Inc. provides advisory services to individuals, pension and profit-sharing plans, and certain businesses. The firm focuses on non-discretionary advice, employing various analytical approaches and emphasizing asset allocation and manager selection to meet client-specific investment policies.
William B
Series 63, Series 65
Hauppauge, NY
CFM Advisors Inc
William Bonacci is a financial advisor at CFM Advisors Inc in Hauppauge, NY, holding Series 63 and Series 65 licenses with 29 years of industry experience. He has worked at CFM Advisors since 2018 and previously was with Sentinel Benefits & Financial Group from 2015 to 2017. CFM Advisors provides advisory services to individuals, pension and profit-sharing plans, and certain businesses, focusing on non-discretionary advice with an emphasis on asset allocation and manager selection. The firm manages approximately $3.49 billion across more than 2,000 clients with a manager-of-managers approach and prepares personalized investment policy statements for its clients.
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