Business Details
Your Trusted Fiduciary Financial Advisors in Upstate NY
At Nicotera Wealth Management, we prioritize your financial well-being through a fiduciary-driven approach, delivering personalized retirement and financial planning solutions. Our family-owned firm specializes in serving individuals, couples, business owners, and professionals navigating career transitions or preparing for retirement. With expertise in optimizing investment portfolios, tax strategies, and estate planning, we provide transparent guidance tailored to your unique goals.Our four-step process ensures comprehensive wealth management, from initial discovery to ongoing portfolio monitoring. We emphasize ethical conduct, clear communication, and a commitment to putting clients' interests first, empowering you to achieve long-term financial security.
Services
Retirement Planning
Career Transition Guidance
Teacher Financial Planning
NY State Employee Planning
Business Exit Strategy
Estate Planning
Tax Optimization
Investment Management
Risk Assessment
Portfolio Monitoring
Highlights and features
- We operate as a fiduciary, prioritizing your financial interests above all else.
- Our four-step process ensures comprehensive, personalized wealth management strategies.
- Specialized expertise in retirement planning for teachers, state employees, and business owners.
- Transparent fee structure with no hidden costs or conflicts of interest.
- Continuous portfolio monitoring and economic modeling for long-term financial security.
What people say
Personalized attention
Fiduciary-driven approach
Comprehensive planning
Transparent communication
Specialized expertise
Services
Retirement Planning
Our retirement planning services help clients optimize savings, manage investment portfolios, and create sustainable withdrawal strategies. We specialize in Social Security optimization, healthcare cost planning, and tax-efficient retirement income. With personalized guidance, we ensure your retirement plan aligns with your lifestyle goals and risk tolerance.
Career Transition Guidance
We assist professionals navigating career changes by analyzing compensation packages, managing retirement account transfers, and adjusting financial strategies. Our team helps maintain retirement momentum during job transitions while optimizing new benefits and addressing tax implications for long-term financial stability.
Business Exit Strategy
This service focuses on maximizing business value for owners planning retirement. We develop transition plans that reduce risk, enhance company value, and ensure financial security. Our approach includes business valuation analysis, growth strategy implementation, and customized exit planning aligned with personal retirement goals.
Estate Planning
Our estate planning services help clients protect and transfer wealth according to their wishes. We coordinate trust creation, beneficiary designations, and tax-efficient strategies while ensuring legal documents align with financial objectives. Regular plan reviews maintain relevance through life changes and evolving tax regulations.
Tax Optimization
We implement tax-efficient strategies including retirement account optimization, asset location, and tax-loss harvesting. Our approach minimizes tax burdens through Roth conversions, RMD planning, and strategic investment management while maintaining compliance with IRS regulations and maximizing long-term wealth growth.
People
Leo Nicotera
CEP, RFC
Leo Nicotera brings decades of experience in fiduciary financial planning, specializing in retirement strategies and wealth management for individuals and business owners.
Austin Deskewicz
FPQP
Austin Deskewicz focuses on personalized financial planning, helping clients navigate career transitions and optimize retirement savings through evidence-based investment strategies.
Brooke LaShomb
Financial Advisor
Brooke LaShomb specializes in serving educators and NY state employees, providing tailored retirement planning solutions that maximize pension benefits and ensure financial security.
Olivia Nicotera
Wealth Planner
Olivia Nicotera assists clients with estate planning and wealth transfer strategies, ensuring seamless asset distribution while minimizing tax implications for future generations.
Izzie
Client Services
Izzie supports client operations by coordinating financial planning resources and maintaining secure document management systems for estate and retirement planning needs.
Questions
What makes Nicotera Wealth Management different from other financial advisors?
As fiduciary-driven planners, we prioritize your interests through transparent fee structures and personalized retirement strategies tailored to individual needs.
How early should I start retirement planning with Nicotera?
We recommend starting as early as possible to maximize compound growth, though we help clients at all career stages develop effective retirement strategies.
Do you offer tax reduction strategies for retirement planning?
Yes, we implement tax-efficient strategies including Roth conversions, tax-loss harvesting, and optimized retirement account management to minimize tax burdens.
How does Nicotera handle estate planning services?
We coordinate trust creation, beneficiary designations, and tax-efficient wealth transfer strategies while collaborating with legal professionals for comprehensive estate planning.
Can Nicotera help with NY State employee retirement benefits?
Yes, we specialize in NYSLRS pension analysis, deferred compensation management, and healthcare planning for New York State employees approaching retirement.
What risk management approaches do you use for retirement portfolios?
We employ diversified asset allocation, market volatility protection strategies, and insurance solutions to safeguard retirement assets against economic uncertainties.
