Where are client assets held?

Client assets are held in brokerage accounts in their name at TD Ameritrade Institutional.

Is Fifth Set legally obligated to place client interests ahead of its own?

Yes, unlike the vast majority of financial advisors and brokers.

How is Fifth Set compensated for its services?

We are compensated solely by our clients as a fee based on assets under management. We do not accept commissions, sales loads, 12b-1 fees, revenue sharing, profit participation, referral fees or any other type of compensation.

Does Fifth Set construct portfolios with funds from Dimensional Fund Advisors?

Yes, in addition to other index and exchange traded funds providers. We are among a select group of Registered Investment Advisors with access to funds from Dimensional Fund Advisors.

Learn more about Dimensional Fund Advisors »

What is the CFA Designation?

Through its education, standard setting, and advocacy programs, CFA Institute sets the benchmark by which to measure the knowledge, integrity, and professionalism of an investment adviser. When you work with a CFA Institute charterholder, you benefit from:

Proven expertise. Anyone can call themselves a financial adviser. When you work with a CFA charterholder, you gain confidence that your adviser has achieved one of the highest distinctions, conferred upon a select group of rigorously trained professionals.

Strong global investment knowledge. Recognition of the CFA Program’s globally relevant Candidate Body of Knowledge makes the CFA designation the mark of distinction for investment professionals worldwide.

Institutional‐level investment credentials. CFA charterholders are highly respected by institutional money managers as investment analysts and strategists, pension fund managers, and mutual fund portfolio managers. Those who manage private client portfolios bring the same institutional skills to individuals and families.

The CFA charter is awarded to a select group of investment advisers who have:

  • Mastered a rigorous curriculum that requires hundreds of hours of study over at least three years and have passed three increasingly difficult levels of examination.
  • Demonstrated their mastery and expertise in applying this knowledge across a broad range of investment‐related subjects. Investors recognize the CFA designation as the definitive standard for measuring competence and integrity in the fields of portfolio management and investment analysis.
  • Committed to being held to the highest ethical standards in all dealings with investor clients.

Click here to learn more about the CFA designation and CFA Institute »


We serve the following communities in and around Westchester County, NY: Larchmont, Mamaroneck, Scarsdale, New Rochelle, Rye, Rye Brook, Rye Neck, Greenwich, Westchester, Harrison, Port Chester, White Plains and Pelham.