In March of 2011, Perrotto Private Wealth was founded in New York City.
It was founded on the guiding belief to maintain the highest level of integrity and responsibility in the path to our work for our clients. Perrotto Wealth defines itself with a contemporary investment approach and an exclusive level of client support suited to the intricate needs of affluent individuals and families. To achieve this, Perrotto Private Wealth works in association with Bright Futures Wealth Management
Bright Futures Wealth Management, LLC (BFWM) is an SEC Registered Investment Advisor (RIA). As Bright Futures is an RIA. As such, they manage the assets for the benefit of the client rather than for their own profit, and cannot benefit from the management of assets. Knowing a firm that acts in a fiduciary capacity is only as good as the process and people that stand behind it, Bright Future’s Investment Policy Committee (IPC) is unique that it is advisor driven. This lead’s to it having its members outside the “Ivory Tower”; they are closer to the client’s goals and needs, they are more versatile with Asset Allocation, and as such, they have a better Alignment of Interest with client’s. The Committee sets the foundation for the firm’s asset allocation through a detailed review of; The macro investment landscape, implementation of portfolios based on "Modern Portfolio Theory", and individual securities selection through "dividend discount model". This is all done on an ongoing basis, and the committee conducts due diligence on current and prospective investments inclusive of manager selection and bias.
In conjunction with families and small business owners, Perrotto Wealth offers a robust investment platform for operating and non-operating foundations and other nonprofit organizations. We work with organizations to establish short- and long-term objectives as well as operating and capital budgets. We also work with committees to educate their members on portfolio management, cash flow, and budgeting.
The primary goal is and has always been to provide the highest quality of professional service for each individual client. David takes a personal interest in every client's financial future, and he will go out of his way to ensure their success. Investment recommendations will always be conflict-free and held to the highest fiduciary standard. Each constructed portfolio has an allocation that is consistent with individual client’s goals. Portfolios are focused on supporting client's desired lifestyle while building a legacy for their children and grandchildren.