Melville, NY Office

Materetsky Financial Group serves individuals, high-net-worth clients, retirement plans and charitable organizations, offering investment advisory services on a wrap-fee basis plus financial planning and retirement-plan consulting. The firm also facilitates implementation through affiliated registered representatives and licensed insurance agents and its principals offer separate tax-preparation services through a distinct entity.

The firm primarily manages client assets on a non-discretionary basis, allocating mainly to mutual funds and exchange-traded funds and treating cash as an asset class; as a result, client consent is required before trades are executed and the adviser cannot effect transactions when a client is unavailable. Accounts in the firm’s wrap-fee program receive bundled trade execution, custody and reporting services, and the firm generally recommends custodians such as Pershing or Schwab.

Distinctive for a team firm of its size, the four-advisor team oversees roughly $720.8 million in non-discretionary AUM across about 818 client relationships while acting as a wrap-fee program sponsor and providing retirement-plan participant education at no additional fee. The firm also uses third-party lead arrangements (Ramsey SmartVestor Pro), and discloses affiliated commission-based brokerage, insurance sales, and separate tax-preparation activities, which the brochure identifies as potential conflicts of interest.