Elite Retirement Consultants

What Elite Retirement Consultants does

Elite Retirement Consultants (ERC) is a privately-held, fee-based registered investment advisory firm founded in 2001 and headquartered in Sparta, New Jersey. Operating under NewEdge Advisors, LLC as the registered investment adviser and leveraging LPL Financial for brokerage, custody and back-office technology, ERC delivers holistic financial planning across nine core service lines: retirement planning, asset management, tax planning, estate planning, business owner services, education planning, risk management, legacy planning and portfolio management. The firm targets four primary client segments — pre/post retirees, small business owners, high-earning individuals and families, and institutional fiduciary clients (defined benefit and contribution plans, endowments, foundations) — using a relationship-based, consultative five-step process (Discovery, Initial Planning, Recommendations, Implementation, Monitoring) anchored by a six-person professional team led by founder Salvatore Dispenziere III.

The business model is recurring fee-based advisory revenue, with pricing structured per individual client engagement rather than publicly disclosed. ERC's go-to-market combines a content-led top-of-funnel (a Resource Center spanning retirement, estate, investment, insurance, tax, money and lifestyle topics) with bottom-of-funnel referral generation from long-term client relationships. Distribution is regional and direct: face-to-face advisory delivery for individuals, families and business owners, plus enterprise-style institutional retirement plan services. Core technology is not proprietary — it relies on Morningstar research tools, LPL's platform for account management/trading/reporting, and supporting integrations with Fiduciary Benchmarks for fiduciary monitoring, plan benchmarking, fee analysis and investment due diligence (Fiduciary Monitoring System, Retirement Plan Health Check, Fund Line-up Comparison Tool, Retirement Outcomes Evaluator, PlanPoint, PlanProfile, FeeChecker).

Name

Elite Retirement Consultants

Legal name

NewEdge Advisors, LLC

Website

https://erc401.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Elite Retirement Consultants is a fee-based registered investment advisory firm in Sparta, NJ, founded in 2001, serving pre/post retirees, business owners, HNW families and institutional fiduciary clients with holistic retirement, tax, estate and investment planning.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

akta.pro secondary industries

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Estate & Legacy Planning Advisory (FSAEAAAG), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Retirement planning services
• Investment advisory
• Financial planning
• Wealth management
• Estate planning

Headquarters

HQ city

Sparta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fee-Based Advisory Services: The firm operates primarily on a fee-based model, working independently of Wall Street to provide suitable financial strategies. They offer personalized financial planning services including retirement planning, investment management, tax planning, estate planning, and risk management.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Elite Retirement Consultants provides holistic financial planning and investment advisory services for individuals, families, and small business owners, organized around retirement planning, investment management, tax planning, estate planning, risk management, and legacy planning. The firm operates as a fee-based registered investment adviser doing business as NewEdge Advisors, LLC, with brokerage services delivered through LPL Financial.

Product overview

Elite Retirement Consultants is a full-service investment consulting firm providing holistic financial planning services. The company offers an integrated suite of financial services organized around nine core areas: Retirement Planning, Asset Management, Tax Planning, Estate Planning, Business Owner Services, Education Planning, Risk Management, Legacy Planning, and Portfolio Management. The firm operates as a fee-based advisory practice that emphasizes comprehensive, integrated and interactive financial planning. Since 2001, the firm has provided services in five key areas: Preservation, Retirement, Investment, Tax and Estate Planning. The firm is primarily fee-based in its client relationships, enabling independent thinking and customized strategies tailored to individual client needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning
• Asset Management
• Tax Planning
• Estate Planning
• Business Owner Services
• Education Planning
• Risk Management
• Legacy Planning
• Fiduciary Retirement Plan Services

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• NewEdge Advisors, LLCcoreOthersNewEdge Advisors, LLC is the registered investment adviser under which Elite Retirement Consultants operates. The firm does business as Elite Retirement Consultants. NewEdge Advisors is a registered investment adviser providing the regulatory umbrella for ERC's advisory services.
• LPL FinancialcoreTechnology or IntegrationLPL Financial provides brokerage services, custody, and technology platform for Elite Retirement Consultants. The firm is an LPL Financial registered representative and Principal. ERC accesses LPL's research tools, retirement plan benchmarking tools, and institutional investment resources.
• Fiduciary Benchmarks, Inc.supportingTechnology or IntegrationPartnership for enhanced fiduciary capabilities including Retirement Outcomes Evaluator, PlanPoint, PlanProfile, and FeeChecker tools. Provides provider data for comprehensive fee benchmarking and analysis.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Edelman Financial Engines: Large independent RIA combining financial planning, investment management, and retirement plan services for individuals and employers. Comparable to ERC's holistic retirement planning model but with national scale and integrated participant-level tools.
• Commonwealth Financial Network: Independent broker-dealer/RIA platform supporting retirement-focused advisors with planning tools and custodial relationships. Comparable in business model and target clientele of small advisory practices offering holistic retirement planning.
• Mariner Wealth Advisors: National wealth advisory firm delivering comprehensive planning for HNW individuals, business owners, and institutions. Comparable to ERC in its integrated planning approach across retirement, tax, and estate for similar client segments.
• Creative Planning: Large independent RIA offering holistic financial planning across investments, tax, estate, and retirement. Comparable to ERC in service breadth and fiduciary model but operates at substantially greater scale across multiple geographies.
• OneDigital: National wealth, retirement, and benefits advisory firm serving employers and HNW individuals with integrated planning. Comparable to ERC's combined focus on employer retirement plan advisory and personal retirement/wealth planning.
• Cetera Financial Group: Independent advisor-focused wealth management platform offering brokerage, advisory, and retirement plan services. Comparable to ERC's LPL-anchored independent advisor model serving retirement-focused clients.
• Carson Group: National RIA platform supporting independent advisors with technology, compliance, and investment solutions. Comparable as an independent-wealth channel that enables small retirement-focused practices to operate under a fiduciary umbrella, similar to ERC's LPL/NewEdge relationship.

Direct peers

• SageView Advisory Group: Specialist retirement plan advisory firm providing plan design, investment due diligence, and participant services, plus personal wealth management. Comparable in dual focus on institutional retirement consulting and personal retirement planning for HNW clients.
• Mission Wealth: Independent, fee-only RIA offering holistic financial planning, investment management, and retirement plan services for individuals, families, and institutions. Comparable as a similarly positioned boutique RIA emphasizing fiduciary, fee-based, integrated planning.
• CAPTRUST: Independent RIA specializing in retirement plan consulting for employers and fiduciary plan management, plus personal wealth services. Directly comparable to ERC's institutional retirement plan services (defined benefit/contribution, endowments, foundations) and personal retirement advisory practice.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/elite-retirement-consultants-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elite Retirement Consultants