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Mark Jeffrey Snyder

Common Sense Investing for Uncommon Times

Royal Alliance Associates, Inc.

Medford

NY

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Overview

Services

Advisor Services

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Funds

Funds Used With Clients

There are no funds listed for this advisor at this time.

Firm Client types

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Qualifications

Experience

No timeline events available.
Employer Years Dates
Stony Brook Hillel 13 years, 3 months Jan 2007 - Present
Long Island Financial Advisors, Inc 17 years, 7 months Sep 2002 - Present
Snyder Mark J Financial Services Inc 22 years, 3 months Jan 1998 - Present
Royal Alliance Associates, Inc. 30 years, 5 months Nov 1989 - Present

Designations & Memberships

  • Certified Fund Specialist
    Designation
    Certified Fund Specialist
    CFS Designees have expertise in mutual funds and the mutual fund industry. These individuals advise clients on which mutual funds best suit their particular needs. Does not license individuals to buy or sell mutual funds.
  • Certified Retirement Counselor
    Designation
    Certified Retirement Counselor
    Bachelors degree or equivalent with two years relevant professional experience (within the past five years) or high school diploma or equivalent with five years relevant professional experience (within the past seven years); Passing a background check.
  • Chartered Financial Consultant
    Designation
    Chartered Financial Consultant
    Invididuals holding this designation understand the fundamentals of financial planning, including income tax, insurance, investment and estate planning.
  • Chartered Life Underwriter
    Designation
    Chartered Life Underwriter
    A prestigious certification for advisors, designees are exposed to nearly 100 topics on integrated financial planning. Major topics include, but not limited to: insurance, employee benefits, securities, state and federal tax, estate tax and planning, asset protection, etc.
  • Chartered Mutual Fund Counselor
    Designation
    Chartered Mutual Fund Counselor
    Designees have knowledge of a wide range of mutual fund aspects such as characteristics of open and closed-end funds, other packaged investment products, risk and return, asset allocation, selecting a mutual fund for a client, retirement planning and professional conduct.
  • Qualified Financial Planner
    Designation
    Qualified Financial Planner
    This designation is designed to separate general financial planners from individuals who have met established standards of education, examination, experience and ethics.
  • Registered Fiduciary
    Designation
    Registered Fiduciary
    The Registered Fiduciary™ (RF™) designation identifies financial professionals that have achieved pertinent academic qualifications and licenses, learned required practices, and have passed a background check.
  • Registered Financial Consultant
    Designation
    Registered Financial Consultant
    Supplemental online designation for already-certified advisors who are interested in additional knowledge in the wealth management industry

Articles and Answers

Insights by Mark Snyder

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Answers

Ask a financial questionAsk a question
I have been contributing to ING for 35 years and have become concerned about their fees and the impact on my returns,?
You should certainly be concerned with the fees in your retirement plan. Your employer is required to provide you with the details on these fees so you can get an idea of how significant they are. Keep in mind that the administrator of the plan provides recordkeeping, accounting and transaction serv...  (more)
Answered Jul 2014
Is it possible to get money out of my 401k if i really need it?
Before even considering this option, I would of course exhaust a multitude of other potential options available. Once all else is ruled out as a source of money, then I would advise that the most efficient way to take money out from your 401k account would be as a loan. Mr. Defrance and Mr. Garcia...  (more)
Answered Jun 2015
What are the top 401K plans for small businesses with 10 employees or less?
As stated by a number of the respondents, it completely depends. The ‘top 401k plan’ for you is the one that meets and/or exceeds all the requirements and goals that you have set as a top priority for your small business of 10 employees or less. Demographics of the owner(s) and employees, most imp...  (more)
Answered Jun 2015
Can I withdraw from my IRA to purchase a first time home without getting penalized?
It's not often that you can take money from your traditional IRA or from your earnings in a Roth IRA before age 59 1/2 and avoid the dreaded 10% early withdrawal penalty. But, surprisingly enough, this is one of the tax benefits enacted as part of the 1997 Taxpayer Relief Act to help people become h...  (more)
Answered Mar 2015
How Do I find out if I have money an an esop?
As a participant in the ESOP you are entitled to the same information that ERISA entitles to participants of other retirement plans. Specifically you are entitled to a “Summary Plan Description”, “Annual Statement” regarding your accounts status, a “Summary Annual Report”, Plan Documents and Trust D...  (more)
Answered Mar 2015
To switch career at mid life, should I tap into Roth IRA or Cash Balance Benefit plan first? I will be 54 this November.
Helen, congratulations on your passionate pursuit of a new career! I’m sure that taking on such an endeavor will be both fulfilling and rewarding. The financial burden throughout the two years plus will most likely be filled with a number of challenges.As Curtis mentioned, I strongly suggest that ...  (more)
Answered Sep 2015
What does it mean when a mutual fund has "active management"?
The premise of active management is an underlying belief by the fund manager that value (i.e. increased performance, decreased risk, etc.) can be added through his/her investment process to the management of a mutual fund, versus just a passive stance of investing in an index and accepting the inher...  (more)
Answered Jul 2015
How important is picking mutual funds with 4 or 5 stars from Morningstar versus funds with extremely low fees?
Past performance, risk and volatility analysis are important parts of the process during fund selection, but those pieces alone don’t tell the whole story. The star rating tells me how the fund has done in the past; but methodology, management, volatility levels during both good and bad markets, por...  (more)
Answered May 2015
    *Answers are submitted by advisors without compensation.

    Licenses & Conducts

    SEC
    U.S. Securities and Exchange Commission
    • license status
      Registered
    • disclosures
      1
    • as of date
      Oct 16, 2019
    FINRA
    FINRA
    • license status
      Registered
    • disclosures
      None
    • as of date
      Oct 16, 2019
    Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

    Assets

    Advisor

    Last updated on Oct. 17, 2019
      • $225.0M
        Total Assets Under Management
      • $0
        Total Assets Under Advisement
      • 475
        number of clients
      • $473.7K
        Estimated Average Account Balance Per Client

    Royal Alliance Associates, Inc.

    Last updated on March 30, 2020
      • $16.7B
        Total Assets Under Management
      • N/A
        Total Assets Under Advisement
      • 76K
        Accounts
      • $220.9K
        Estimated Average Account Balance

    Fees

    Types of Compensation Arrangements

    • Percentage Of Assets
    • Hourly Charges
    • Fixed Fees
    • Commissions