Investment Adviser Disclosure Brochure
There are no material changes to report at this time.
Stolzer Rothschild Levy LLC registered as an Investment Adviser with the state of New Jersey in January 2014. As of March 2025, the firm changed its registration to filing with the Securities and Exchange Commission. Stolzer Rothschild Levy LLC is a Delaware limited liability company that operates as a foreign entity within the State of New Jersey. The firm may also be known as SRL Wealth.
Stolzer Rothschild Levy LLC’s wealth management services are directed towards individuals, high net worth families, retirement plans and other advisers. We provide asset selection and allocation services to retirement plans, which include employee directed defined contribution 401(k) and/or 403(b) plans, defined benefit, and similar retirement plans. We may also serve as sub-advisors to other advisors and provide pension-related services and non-specific investment advice. As of this filing, our clients are located in AZ, CO, FL, MD, NJ, NY, SC, OH and PA.
Clients may direct us to invest or not invest in certain securities by means of an Investment Policy Statement (IPS) or they may use a computer-generated risk tolerance assessment or software-based financial plan. Within discretionary accounts, investments may include Mutual Funds, Exchange Traded Funds, Equity securities, Individual Taxable and Non-Taxable Bonds, U.S. Government securities, Royalty Trusts, Options, and similar securities.
| Assets under Management as of December 31, 2025 | |
|---|---|
| Discretionary | $126,629,651 |
| Non-Discretionary | $39,339,349 |
| Total | $165,969,000 |
We provide fiduciary and consulting services to retirement plans, which may include Defined Benefit, Defined Contribution 401(k), and Non-qualified plans. We may provide these services as Stolzer Rothschild Levy LLC or under the name SRL Reedmark Wealth Management. The scope of our work may include plan design, document reviews and operational assistance.
Fees for non-retirement plan clients are charged as a percentage of assets under management. Retirement plan clients are generally charged based on a percentage of assets under management, but in certain cases may be billed on a flat fee basis for advisory and/or other plan related services.
| Assets Under Management | Maximum Annual Fee |
|---|---|
| Assets up to $1 million | 1.25% |
| $1 million to $5 million | 1.00% |
| Assets above $5 million | Negotiable |
All fees stated above may be subject to certain annual minimums. Unless we mutually agree to bill on a different basis, fees are charged on a quarterly basis. The amount of fees is determined by the Investment Advisory Agreement and is negotiable. With respect to discretionary accounts, fees are automatically deducted by us from your custodial account(s).
Fees and expenses paid by clients will vary. Individual clients will pay expenses relating to their Investment Company securities that are embedded within each mutual fund’s net asset value. Client accounts may also be subject to brokerage commissions, transaction fees, custody, and other charges.
Stolzer Rothschild Levy LLC does not receive compensation for the sale of securities including asset-based sales charges or service fees from the sale of mutual funds. We do not recommend securities based on compensation or incentives from other parties. We primarily recommend no-load mutual funds and/or exchange traded funds.
We consider the sale of individual insurance as non-material to our business; however, we may occasionally sell insurance or annuity products from which we may receive a commission. The receipt of these commissions may present a conflict of interest in that it creates an incentive for us to recommend products based on the receipt of commissions rather than the needs of the client. If we were to sell a commission-based insurance product, we would not charge an asset-based fee on the same assets unless it is disclosed in writing and agreed to by you, the client.
Stolzer Rothschild Levy LLC does not charge performance-based fees.
Stolzer Rothschild Levy LLC provides investment advice to individuals, high net worth families, trusts, charitable accounts, 401(k), 403(b) Defined Benefit and similar retirement plans as well as other advisors.
Stolzer Rothschild Levy LLC does not have asset minimums; however, we may not offer all services to accounts of various sizes. We may impose a minimum quarterly fee at our discretion. Due to the nature of corporate retirement plans, we may not impose a minimum account balance, but we may impose a minimum fee.
Stolzer Rothschild Levy LLC uses a global investment framework and top-down analysis to drive security selection. We may use a quantitative comparison based on historical performance and risk to formulate our investment expectations. Using economic models and our view of the economy, we determine the asset classes and market sectors we wish to include within our portfolios. We select specific assets based on a combination of qualitative and quantitative measurements.
We may use Portfolio Optimization and risk assessment software to evaluate risk-reward tradeoffs within our asset allocation, placing portfolio assets on the efficient frontier. We believe our method of analysis and investment strategy provides reasonable long-term core allocations, but it may not be suitable when a time horizon is uncertain or significantly changes.
Investing involves risk. While we use many tools to try and reduce those risks, the risk of loss always exists. The following are common risks borne by investors:
Neither we nor any of our related persons have been the subject of any legal or disciplinary event that would be material to your evaluation of our advisory business and services or the integrity of our management. Stolzer Rothschild Levy retains Stark & Stark for assistance with compliance and legal matters.
Stolzer Rothschild Levy LLC and its management are not registered and do not have an application pending to register as a broker-dealer or a registered representative of a broker-dealer. Neither we nor any of our management persons have any material relationship with a broker-dealer, municipal securities dealer, investment company, futures commission merchant, banking or thrift institution, accountant or accounting firm, lawyer or law firm, pension consultant, or real estate broker or dealer.
Stolzer Rothschild Levy LLC and/or their related persons are or may become licensed insurance agents or producers in various states. The receipt of commissions from the sale of insurance products to advisory clients may present a conflict of interest. We address this potential conflict of interest by providing disclosure regarding the conflict and not charging any advisory fees on those insurance products unless disclosed and agreed to by you, the client. Stolzer Rothschild Levy LLC and Mr. Stolzer are currently licensed in the State of NJ and FL for insurance-based products.
Stolzer Rothschild Levy LLC may provide pension consulting services to other advisers on behalf of their clients. We currently have a relationship with Commonwealth Advisers and are compensated as a fee based adviser for pension consulting. We may also work jointly as a consultant or sub-adviser with Reedmark Advisers LLC, and may do business as SRL Reedmark Wealth Management.
We maintain a code of ethics that includes: (1) a standard of business conduct that all supervised persons are expected to adhere to; (2) a prohibition on insider trading; and (3) provisions relating to our supervised persons’ ability to serve on a board of directors, the receipt and giving of gifts and entertainment, and personal securities trading pre-clearance and reporting procedures. We ask that all supervised persons acknowledge their receipt, understanding of, and agreement to abide by our code of ethics on an annual basis. As our client or prospective client, you are entitled to a copy of our code of ethics upon request.
Stolzer Rothschild Levy LLC and/or its supervised persons may buy or sell securities that are also held by or recommended to clients. When trading, we believe we should place our clients’ interests first and, when possible, we try to aggregate client and personal trade orders, which allows all participating accounts to receive the average price.
Stolzer Rothschild Levy LLC may recommend that its clients use Charles Schwab & Co., Inc. (Schwab), a registered broker-dealer, member SIPC, as their qualified custodian. We are not affiliated with Schwab. Schwab will hold your assets in a brokerage account and buy and sell securities when instructed. You must open your account with Schwab by entering into an account agreement directly with them.
Our retirement plan custodians may also include: Schwab, Ascensus Trust, Vanguard, ADP, MidAtlantic Trust (MATC), Fidelity, and others as needed.
We do not have any formal soft dollar arrangements. However, Schwab and other vendors may make available to us products and services that benefit us, including access to client account data, technology for trade execution, pricing and market data, and back-office support. These services are not contingent upon us committing any specific amount of business to Schwab.
We believe our recommendation of Schwab as the primary option for custodial and brokerage services is in the best interests of our clients, based on the scope, quality, and price of Schwab’s services independent of any benefits we receive.
Client accounts are reviewed by Howard Stolzer, President, on a quarterly basis. With respect to our retirement plan clients, in addition to our quarterly reviews, we try to meet regularly with each retirement plan committee throughout each quarter.
Portfolio tracking and client access to our portfolio accounting system is provided using Orion Advisor Technology. Clients may run performance information and review previously created reports through our secure web portal. Retirement plans may receive regular reports that include information from FI360 or a similar research platform.
We may receive an economic benefit from Schwab in the form of support products and services made available to independent investment advisors whose clients maintain their accounts at Schwab. The availability of these products and services is not based on us giving particular investment advice.
Stolzer Rothschild Levy LLC does not have any referral arrangements in which an individual receives a portion of fees paid by referred clients. Should we enter into any such referral arrangement, it will be disclosed to the client. Unless a party is another Registered Investment Adviser, we do not pay referral fees for assets we manage as regulatory assets under management.
Under government regulations, we are deemed to have custody of your assets if you authorize us to deduct our advisory fees directly from your account. Your custodian maintains actual custody of your assets. You will receive account statements directly from your custodian at least quarterly, sent to the email or postal mailing address you provided to your custodian. You should carefully review those statements promptly when you receive them and compare them to the periodic portfolio reports you receive from us.
Stolzer Rothschild Levy LLC accepts discretionary authority to manage certain client accounts. When a client grants that authority, the client signs a Limited Power of Attorney (LPOA), which grants us the authority to use our discretion to place trades on your behalf and to collect fees directly from your account. Clients may direct us to invest or not invest in certain securities by means of an IPS.
For our retirement plan accounts, we generally do not have discretionary authority to trade participant accounts. We may offer computer generated portfolios to participant directed retirement plans as investment options and may periodically rebalance a Target Date portfolio at our discretion at the plan or omnibus account level.
We generally do not vote client securities (proxies). Clients may contact us to discuss various aspects of proxies; however, all clients should understand that we believe it is ultimately in the client’s best interests for them to vote their own securities. A client may contact us via email, in person or by telephone to discuss their proxy questions and discuss how we may have voted our own securities.
Stolzer Rothschild Levy LLC does not require or solicit fees of more than $1,200 per client, six months or more in advance.
Stolzer Rothschild Levy LLC is unaware of any financial condition that is reasonably likely to impair its ability to meet its contractual commitments relating to its discretionary authority over certain client accounts.
Stolzer Rothschild Levy LLC has not been the subject of a bankruptcy petition at any time within the past ten years.