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Synergy Financial Group, Ltd
Multifamily office listing in New York, United States.
- SEC-registered
- Regulatory AUM
- $364 million
- Employees
- 7
- Clients
- 101-250
- SEC CRD
- 309961
Silicon Valley based wealth management and financial concierge firm serving high-performance professionals worldwide.1
Overview
Synergy Financial Group, Ltd coordinates clients’ financial lives across multiple needs for an exclusive circle of ultra-high-net-worth professionals. The firm describes itself as a fiduciary investment adviser providing tailored, objective advice.1
History
Synergy was founded by entrepreneur Palash S. Islam.1
Leadership
Palash S. Islam, Founder1
Services
Synergy provides portfolio management and financial planning. Its process begins with an assessment of each client’s situation, goals, risk tolerance and time horizon. The firm’s planning framework covers six foundational areas and includes access to an interactive financial planning portal.2
The firm manages portfolios on a discretionary basis, uses model portfolios and reviews accounts periodically, including after material market or client-life changes.2
What the firm offers
- Investment management
- Financial planning
- Trust and fiduciary
- Philanthropy
Client Focus
Synergy works with high-performance professionals worldwide and considers its services most appropriate for clients with at least $10,000,000 in investable assets.2
Approach
Synergy reports multi-custodial relationships that allow it to independently assess financial solutions and negotiate terms for clients.1
Assets and Minimums
The firm reports no minimum account size. Portfolio management fees are negotiated with each client and are generally tiered up to 1.5% annually of assets under management. Financial planning fees range from $7,500 to $25,000.2
By the numbers
| Year | Regulatory AUM | Discretionary | Non-discretionary |
|---|---|---|---|
| 2021 | $165 million | $165 million | $0 |
| 2022 | $181 million | $181 million | $0 |
| 2023 | $157 million | $157 million | $556,896 |
| 2025 | $274 million | $273 million | $1 million |
| 2026 | $364 million | $364 million | $0 |
| Year | Average AUM per client |
|---|---|
| 2021 | $2 million |
| 2022 | $2 million |
| 2023 | $2 million |
| 2025 | $2 million |
| 2026 | $3 million |
| Client type | Clients (2026) |
|---|---|
| Individuals | 43 |
| High net worth individuals | 83 |
| Year | Employees |
|---|---|
| 2020 | 1 |
| 2021 | 3 |
| 2022 | 4 |
| 2023 | 4 |
| 2025 | 5 |
| 2026 | 7 |
FAQs
Is Synergy Financial Group a registered investment adviser?
Synergy identifies itself in its relationship summary as an investment adviser registered with the Securities and Exchange Commission.2
What services does Synergy provide?
The firm provides portfolio management and financial planning, supported by discretionary portfolio management, model portfolios, periodic account reviews and an interactive financial planning portal.2
Does Synergy require a minimum account size?
Synergy reports that it has no minimum account size, while stating that its services are generally most appropriate for clients with at least $10,000,000 in investable assets.2
Related resources
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- GuideMultifamily office services
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- GuideHow to choose a multifamily office
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- GuideMultifamily office fees
This fees guide explains common ways multifamily offices charge and the factors that can affect total cost. It gives families and business owners a framework for asking about fees across investment management, planning, trust and fiduciary work, and philanthropy before comparing firms.
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CUSTOS FAMILY OFFICE LLCProfiles of Blossom Wealth Management, Mittelman Wealth Management, and CUSTOS FAMILY OFFICE LLC offer additional points of comparison on this site. Reviewing their stated services and client focus can help a prospective Synergy reader identify questions about regional reach, wealth planning, investment oversight, and family office support.
Sources
This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.
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