FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
I appreciate you and am grateful for the opportunity to have a conversation with you to see if I can assist you in achieving your targets. The first consultation is free, to see if we are a fit. I am very selective when bringing on clients. Your time is valuable, as is mine. I don’t want to waste it. I love helping people who want to be helped. From my experience, I can absolutely help you. Even if it’s a slight improvement over what you are currently doing. Every little bit helps. Moreover, nice to meet you! This is what I do, this is my craft, I take it very seriously. And so should you! I charge an hourly fee like a lawyer or doctor or there is an asset based fee. I am an independent advisor. No products or services to push on you. It’s all about you and your goals and the people you care about.
- What is your typical process for working with a new customer?
It’s magical to meet you! We can learn and grow from you, not the other way around! We at Milestone have an established five step process. The first step is the Get to know you phase. What is important to you. Where you are today? Discovery is an imperative part of the planning process. It includes Family as well as who and what you care about. Your Occupation, what you do for a living? Do you love what you do? Recreation, what do you do for fun? What makes you happy, what do you enjoy? What are your hobbies? All parts of your why... then we move on to the how, Money. What do you spend, what do you save? How is it allocated? Is it working for you or against you? The second step is Where do I want to be? What are my goals, what do I want to accomplish? The third step is Analyzing your entire picture, can we improve on and optimize your current situation? The more information I know, the better. The more I can help you. Health is wealth. I can most assuredly help with the wealth to help the health and relieve worry and fear. The fourth step is to then Develop and implement your plan to get you where you need to go! Lastly, we will Monitor your plan, meet every quarter and adjust accordingly as life changes and we hit your Milestones!
- What education and/or training do you have that relates to your work?
Rich LoPresti is a seasoned financial advisor with twenty plus years experience in the financial services industry. As a Certified Financial Planner™ (CFP®), his emphasis is on customized portfolio management, with specialties in portfolio construction, risk management and retirement income planning. Prior to starting the Milestone Asset Management Group office in Milford, CT, Rich served in New York as a Wealth Strategist at BakerAvenue, a boutique private investment firm, where he provided financial planning for high net worth families and small businesses. In addition, Rich served as an Account Executive at Fidelity Investments where he focused on all aspects of wealth management, from the accumulation of assets, preservation, retirement distribution and tax efficient transfer of wealth to future generations. Prior to his work at Fidelity, Rich began his finance career with E*TRADE Financial where he contributed to opening the 1st retail branch in New York City. Rich received a Bachelor of Science degree in Finance from Pace University in 2000 and M.B.A. degree from AIU in 2005. He holds Certified Financial Planner™ (CFP®) and Certified Wealth Strategist (CWS®) designations. He is eager to put his long commute to the City behind him to work with individuals, families and small businesses within the local community to educate and support them in reaching their personal financial targets. Michael is committed to helping people create strategies, which will help them pursue their financial goals and objectives. He brings over 17 years of experience in the financial services industry to his clients. During Michael’s career, he has had the opportunity to structure unique and complex solutions for his clients. Prior to founding Milestone Asset Management Group, Michael spent well over a decade working with High Net Worth individuals and their families at Fidelity Investments. Michael was responsible for overseeing close to a half a Billion dollars worth of client assets, specializing in management, retention and development of High Net Worth Clients, who have at least $1,000,000 in investable assets. Recently Michael completed his coursework for the Accredited Investment Fiduciary® designation from the University of Pittsburgh. Michael also co-founded Visionary Private Wealth Management Group in 2013, a very successful RIA and in 2016 Michael launched Milestone Asset Management Group LLC. Michael is a committed fiduciary to his clients. Active in the community, Michael serves as: President-Elect & Board of Directors Avon Chamber of Commerce President Avon-Canton Rotary International Club Board of Directors Avon Dollars for Scholars Member of Education Committee Avon Chamber of Commerce Michael resides in Avon, CT with his wife, Nelly and their four children. When he is not at work, Michael enjoys spending time with his family and training in the mixed martial arts, specifically the art of Brazilian Jiu Jitsu.