Snowden Capital Advisors, also known as Snowden Lane Partners, is a New York City-based investment advisory firm. It serves high-net-worth clients including individuals, family offices and foundations. The firm also provides advice through other financial services institutions it works with.
Snowden Lane Partners Background
Snowden Capital Advisors, which also goes by the name Snowden Lane Partners, launched in 2011. It’s owned by Snowden Capital Partners LLC and its team includes such affiliations as chartered financial analyst (CFA) and certified financial planner (CFP). Some of its representatives are also registered with SAS, an affiliated broker-dealer.
Snowden Lane Partners Client Types and Minimum Account Sizes
Snowden Capital Advisors works with a variety of clients including:
- Individuals (both with and without a high-net-worth)
- Companies and other business entities
- Foundations
- Charitable organizations
- Trusts
- Pension plans
- Endowments
- Investment funds
New clients must have at least $100,000 ready to invest in order to become clients of the firm.
Services Offered by Snowden Lane Partners
Snowden Capital Advisors delivers investment and portfolio management services. It may recommend independent third-party firms. Advisors also offer financial planning covering the following topics:
- Retirement planning
- Insurance
- Liability management
- College savings plans
- Cash management
- Lending solutions
- Insurance and annuities
- Private banking services
- Trusts, estates and generational planning
- Philanthropy/impact investing
- Professional services referrals
- Family office services
Snowden Lane Partners Investment Philosophy
Snowden Capital Advisors makes investment recommendations based on a client’s particular financial needs, risk profile and time horizon. It uses this data to devise asset allocations appropriate to the client or to recommend independent third-party managers.
Fees Under Snowden Lane Partners
In general, the firm charges investment advisory fees as a percentage of the client’s assets under management (AUM). It charges fixed fees for financial planning and asset allocation services. That said, the firm does not have a set fee schedule. Instead, its fees are negotiable on a client-by-client basis. The minimum annual fee for SCA accounts typically ranges up to $2,000.
What to Watch Out For
Snowden Capital Advisors has a clean legal and regulatory record in the eyes of the SEC.
Additionally, advisors may have dual or triple roles as representatives of broker-dealers and licensed insurance agents. Wearing multiple hats poses potential conflicts of interest. That said, Snowden Capital Advisors operates as a fiduciary and thus is obligated to provide investment advice in the best interests of its clients.
Opening an Account With Snowden Lane Partners
If you're a potential client who'd like to open an account with this firm, give them a call at (646) 218-9760. You can also go to the firm's website and hit "find a financial advisor."
All information was accurate as of the writing of this article.
Tips for Finding the Right Financial Advisor
- Choosing a financial advisor to work with can be a difficult process to get going. However, finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
- Ask advisor candidates how much liability insurance they have. The correct answer should cover the amount you plan on putting under the advisor’s management. So if they say $25,000 per incident and you have $50,000 to invest, that’s clearly not enough coverage.
