Capital Planning Advisory Group, Inc. (CPAG) was founded as a Registered Investment Adviser in 1988 by its current president, George N. Luciani, CFP. Capital Planning Advisory Group was established as a fee-only financial planning/asset management company, a somewhat unique, if not original, concept for the period. In 1988, fee-only financial planning companies made up less than 1% of the financial services industry. Fee-only asset management companies were even less of a factor in the industry that is still dominated by commissioned brokers/salespeople. Mr. Luciani's original vision to provide objective advice without the inherent conflicts of interest created by transaction-based commissions remains an integral part of the CPAG philosophy.
All associates of the firm are certified financial planners or are committed to the educational/licensing process to achieve the CFP designation. Our comprehensive financial planning services provide clients with a personal strategic plan to achieve their financial objectives, which may include retirement, estate, tax, education, investments or insurance issues. Our asset management services help clients achieve a portfolio rate of return commensurate with their risk tolerance and their coordinated financial planning need. Portfolio returns have always been a process of management by objective, not maximum return.
Our efficiency and personal style allows us to see our clients achieve their planned objectives. Our client retention ratio exceeds 99% since our inception in January 1988.
Capital Planning Advisory Group is nationally registered with the Securities and Exchange Commission, and may therefore provide financial services in all 50 states.
We follow a well-defined, time-proven process to increase the probability that you will meet your financial objectives. We designed this program to replicate at each level the intricate and highly disciplined approach that institutional money managers use in the management of large pools of pension assets.
Your portfolio strategy begins with a personalized investment analysis, then graduates through the portfolio construction process in which multiple asset classes, style allocations and multiple specialist money managers are combined to meet your investment objectives.
Our investment objective is to provide consistent, value oriented returns by carefully implementing disciplined investment philosophies that have favorable historical performance characteristics. Performace goals are managed by objective, based upon your financial planning needs and personal risk tolerance. In most instances, this approach eliminates unnecessary equity exposure.
The result is a well-tuned, five-step asset management process designed to respond to your individual issues while also responding to the dynamics of the capital markets.
CPAG's Five-Step Asset Management Process
to a Successful Financial Future:
Through personal consultations with you, we develop a personal profile of your individual investment needs and objectives, time horizon, and attitude toward investing.
We develop a personalized asset allocation policy based on your needs and objectives as identified in Step 1. This policy maximizes your investment returns relative to your risk tolerance through the carefully diversified allocation of your investments.
Your asset allocation policy is implemented by investing in a well-diversified portfolio and is managed by preeminent institutional money management firms not normally accessible to an individual investor.
Your investment portfolio is carefully monitored on an ongoing basis to ensure that it remains consistent with your agreed-upon asset allocation policy. If the relative value of investments in your portfolio changes enough to become inconsistent with this policy, it is rebalanced.
We will communicate with you on a regular basis and provide a comprehensive reporting package including account level performance reports and statements providing details of your account - including total asset value and a record of all transactions that occurred during the reporting period.
At Capital Planning Advisory Group, our goal is to assist our clients in realizing their financial objectives through personal strategic planning and enhanced portfolio asset management. The individual need of the client is supported by our commitment to professional standards and ethical conduct. Our fee-only structure provides a partnership with our clients that is void of conflicts of interest.
Capital Planning Advisory Group, Inc. (CPAG), an independent financial planning firm, is committed to safeguarding the confidential information of its clients. We hold all personal information provided to our firm in the strictest confidence. These records include all personal information that we collect from you in connection with any of the services provided by CPAG. We have never disclosed information to nonaffiliated third parties, except as permitted by law, and do not anticipate doing so in the future. If we were to anticipate such a policy change, we would be prohibited under the law from doing so without advising you first.
As you know, we use health and financial information that you provide to us to help you meet your personal financial goals while guarding against any real or perceived infringements of your rights of privacy. Our policy with respect to the personal information about you (prospective, current or former client) is listed below.
We limit employee and agent access to information only to those who have a business or professional reason for knowing, and only to nonaffiliated parties as permitted by law. (For example, federal regulations permit us to share a limited amount of information about you with a brokerage firm in order to execute securities transactions on your behalf, or so that our firm can discuss your financial situation with your accountant or lawyer).
We maintain a secure office and computer environment to ensure that your information is not placed at unreasonable risk.
The categories of nonpublic personal information that we collect depend upon the scope of the client engagement. It will include information about your personal finances, information about your health to the extent that it is needed for the planning process, information about transactions between you and third parties, or information from consumer reporting agencies, if appropriate to your situation.
For unaffiliated third parties that require access to your personal information, including financial service companies, consultants, and auditors, we also require strict confidentiality in our agreements with them and expect them to keep this information private. Federal and state regulators also may review firm records as permitted by law.
We do not provide your personally identifiable information to mailing list vendors or solicitors for any purpose.
Personally identifiable information about you will be maintained during the time you are a client, and for the required time thereafter that such records are required to be maintained by federal and state securities laws, and consistent with the CFP Board Code of Ethics and Professional Responsibility. After this required period of record retention, all such information is destroyed.
Capital Planning Advisory Group (“CPAG”) is an SEC registered investment adviser located in Yardley, Pennsylvania. CPAG and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states in which CPAG maintains clients. CPAG may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. CPAG’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of CPAG’s web site on the Internet should not be construed by any consumer and/or prospective client as CPAG’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by CPAG with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of CPAG, please contact the SEC or the state securities regulators for those states in which CPAG maintains a notice filing. A copy of CPAG’s current written disclosure statement discussing CPAG’s business operations, services, and fees is available from CPAG upon written request. CPAG does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to CPAG’s web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by CPAG) made reference to directly or indirectly by CPAG in its web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.
Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by CPAG), will be profitable or equal any historical performance level(s).
Certain portions of CPAG’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, CPAG’s (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from CPAG, or from any other investment professional. CPAG is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.
To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to CPAG’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from CPAG, or from any other investment professional.
Each client and prospective client agrees, as a condition precedent to his/her/its access to CPAG’s web site, to release and hold harmless CPAG, its officers, directors, owners, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from CPAG.
