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Fiorile & Associates, LLC

Updated today

Client assets under management

$24,500,000

Clients

52

0% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

26

Low

Average account size

$471,154

About

Fiorile & Associates is an independent investment advisory firm that serves individual clients, including both typical individual investors and high‑net‑worth households, through wealth management and consulting engagements. Its services cover coordinated estate planning, tax planning, risk management and investment management, and it also provides focused consulting on discrete financial topics.

The firm manages client portfolios on a non‑discretionary basis, seeking client approval before executing trades, and applies a mix of fundamental and technical analysis, asset allocation, mutual fund/ETF selection and option strategies tailored to client objectives. Tax considerations are integrated into the advisory process, including year‑end pre‑close planning and coordination with legal counsel for estate matters.

Noteworthy distinctions include an affiliation with an accounting practice: the firm’s principal is a licensed Certified Public Accountant who provides separate accounting and tax‑preparation services and clients may elect to combine those services with advisory work. The firm also departs from the common percentage‑of‑assets model used by many peers, instead operating primarily on flat and fixed fee arrangements while managing client assets exclusively on a non‑discretionary basis.

Client services

Financial planning Portfolio management Consulting

Expertise

Wealth management General estate planning guidance General tax planning Options & derivatives strategies

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Fee options

Fixed

Consulting Services fixed fees ranging from $5,000 to $100,000, agreed upon prior to contract.

Project-based

Consulting Services hourly fees from $125 to $150 per hour, when applicable.

Other

Account minimum: $1,000,000 Fee-only: Wealth Management services charged as a flat fee based on complexity, assets, and other factors; typically $1,500 to $5,000 per month, billed quarterly in advance. Consulting Services fees are fixed fees ranging from $5,000 to $100,000 or hourly fees ranging from $125 to $150 per hour.

Main office location

Fiorile & Associates, LLC

126 Kiwassa Road

Saranac Lake NY 12983, United States

Number of offices

1

Most active in

New York

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Daniel M

Series 65

Saranac Lake, NY

Fiorile & Associates, LLC

Daniel Mitchell is a financial advisor at Fiorile & Associates, LLC with three years of industry experience. He holds a Series 65 designation and has previously worked at TF Cornerstone and Burns Management. Outside of his advisory role, he is involved in residential apartment leasing as a leasing consultant. Fiorile & Associates is an independent investment advisory firm serving individual investors and high-net-worth households through wealth management and consulting. The firm manages client portfolios on a non-discretionary basis, integrating tax planning and estate coordination, and offers services primarily on flat and fixed fee arrangements.

Wealth management General estate planning guidance General tax planning Options & derivatives strategies
user avatar

Joseph F

PFS™, Series 66

Saranac Lake, NY

Fiorile & Associates, LLC

Joseph Fiorile is a financial advisor with Fiorile & Associates, LLC in Saranac Lake, NY. He holds the PFS™ designation and Series 66 license and has 27 years of experience in accounting and financial advisory services, including 15 years with his current firm. In addition to his advisory work, he operates an accounting and bookkeeping business. Fiorile & Associates is an independent investment advisory firm serving individual and high-net-worth clients through wealth management and consulting. The firm manages portfolios on a non-discretionary basis, integrating tax planning and estate coordination, and employs a mix of fundamental and technical analysis alongside asset allocation and option strategies.

Wealth management General estate planning guidance General tax planning Options & derivatives strategies
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