Oneida Wealth Management, Inc. (Syracuse)

Name: Oneida Wealth Management, Inc.
Address: One Group Center, Syracuse, NY, 13204 1327
Telephone: (800) 458-7509

Oneida Wealth Management, Inc. is a mid-sized advisory firm based in Syracuse. It manages $60.57 million of regulatory assets for 240 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, New York, and North Carolina.

Oneida Wealth Management provides portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Oneida Wealth Management: assets under management

The assets under management (AUM) of Oneida Wealth Management, Inc. is $60.57 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 49% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $60.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $252.39 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Oneida Wealth Management, Inc. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Oneida Wealth Management, Inc.

Michael Robert Kallet has been acting as President since 1 Jun 2006. Thomas Joseph Bader joined the executive team most recently as the President, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
The Oneida Savings Bank	Shareholder	1 Jun 2006	75% - 100%	15-0405820
Donald Jeremiah Abernethy	Director, pres., ceo & gsp	1 Jun 2006	Other	3194164
Chasity Maureen Jaynes	Director, coo (02/2013) & gsp	1 Jun 2006	Other	2638624
Thomas Joseph Bader	Director & sr. vice president	1 Jun 2006	Other	1282398
Michael Robert Kallet	Chairman	1 Jun 2006	Other	6198029
Richard Bonke Myers	Director	1 Jun 2006	Other	6197793
John Edward Haskell	Director	1 Jun 2006	Other	6197932
Eric Eugene Stickels	Vice chairman	1 Jun 2006	Other	6197806
John Frances Catanzarita	Director	1 Jun 2006	Other	6197798
Pierre Joseph Morisseau	Director	1 Jun 2006	Other	6197931
Scott Michael Coles	Cco, muni.sec.princ. & options princ. (02/2013)	1 Dec 2012	Other	2966571
Deresa Fischer Durkee	Cfo	1 Feb 2013	Other	6198032
Brett Michael Zielasko	Director	1 Jan 2014	Other	6306613
N.A. Community Bank	National bank	1 Dec 2015	75% - 100%	15-0436580
Thomas Joseph Bader	President, director	1 Jan 2016	Other	1282398

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Oneida Financial Corp.	Shareholder	1 Aug 2010	75% - 100%	16-1561678
Inc. Community Bank System	Shareholder	1 Dec 2015	75% - 100%	16-1213679

Based in Syracuse

The principal office where Oneida Wealth Management, Inc. performs its advisory services is located at One Group Center, Syracuse, NY 13204 1327, which is also the mailing address of the firm. An additional office of the firm is in Cazenovia, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (800) 458-7509 or by fax (315) 478-1502. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at oneidawealth.com.