Back to top

James M. Liotta, CFP®, CPWA®, AIF®, NSSA®, MBA

Contact Me

James M. Liotta, CFP®, CPWA®, AIF®, NSSA®, MBA

Wealth Management Strategist

Prominence Capital

Beverly Hills


Contact Me



Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning
    • -Charitable Planning
    • -Other Financial Planning
    • -Tax Planning
  • Portfolio Management
    • -Individuals and/or Small Businesses
    • -Other Portfolio Management
  • Other
    • -Selection of Other Advisors


Funds Used With Clients

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

Firm Client types

There is no client type data to display at this time.



No timeline events available.
Employer Years Dates
Prominence Capital 7 years, 6 months Oct 2012 - Present
Cooperative Purchasers 5 years, 11 months Jan 2008 - Dec 2013
UBS Financial Services Inc. 2 years, 2 months Feb 2002 - Apr 2004

Designations & Memberships

  • Financial Planning Association
    Financial Planning Association
    The Financial Planning Association (FPA®) is the largest membership organization for personal financial planning experts in the U.S. and includes professionals from all backgrounds and business models. We help connect thousands of consumers to competent and ethical planners who uphold the FPA Standard of Care.
  • Accredited Investment Fiduciary
    Accredited Investment Fiduciary
    The Accredited Investment Fiduciary® (AIF®) designation represents a thorough knowledge of and ability to apply the fiduciary practices.
  • Certified Financial Planner
    Certified Financial Planner
    A standard 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.
  • Certified Private Wealth Advisor
    Certified Private Wealth Advisor
    Candidates who earn this designation learn to identify and analyze challenges facing high-net-worth clients and learn to develop specific strategies to minimize taxes, monetize and protect assets, maximize growth, and transfer wealth.
  • National Social Security Advisor
    National Social Security Advisor
    The mission of National Social Security Association, LLC is to benefit the public by granting professional advisors certification regarding Social Security Education and upholding it as the recognized standard of excellence for competent and ethical Social Security planning.

Articles and Answers

Insights by James Liotta

Taxes: Asset Location, Location, Location
Published 2015-05-07 12:58:58
4 Questions a Portfolio Review Can Answer.
Published 2015-02-23 12:29:57
Important Tax Aspects of Securities
Published 2015-02-17 11:29:38
Don't Abandon Your Employer Retirement Plan!
Published 2015-02-03 10:44:57
Roth IRA Conversions Benefits
Published 2015-02-03 10:39:44
Negative Returns In Retirement: Draw Down
Published 2015-01-29 14:41:19
Retirement: What to do in your 40's!
Published 2015-02-03 10:42:53
4 Financial Planning Myths
Published 2015-02-02 10:05:32
4 Financial Planning Myths
Published 2015-02-02 09:55:01
Why Have A Financial Plan? 11 Reasons
Published 2015-01-29 13:00:25
Indexes: Dow vs. S&P 500 vs. Russell 3000
Published 2015-01-29 15:01:20
Negative Returns In Retirement: Draw Down
Published 2015-01-29 14:41:51
Mortgage Underwriting: Asset Depletion
Published 2015-01-29 14:34:48
Managing Tax Liability To Create Wealth
Published 2015-01-29 13:33:13
Financial Planning and Why is it Important?
Published 2015-01-29 12:58:30
Investment Planning
Published 2015-01-29 13:07:43
Published 2015-01-29 13:11:11
Investor Life Cycle: Where are you?
Published 2015-01-29 13:03:11
    *Articles are published by advisors without compensation.


    Ask a financial questionAsk a question
    Does anyone know of a company that can invest my money in 100% of stock and 0% dividend i.e nothing to do with Interest?
    Mohammad, one of the biggest issues with investing through an employer sponsored retirement plan is the investments available inside the plan can be limiting in many ways. One mechanism that may be an alternative, depending on your full financial picture, is to work with a Registered Investment Advi...  (more)
    Answered Jan 2015
    What's the best distribution between college savings and retirement savings?
    Mya,I try and make this simple when I speak to parents about college savings vs. retirement savings. Every situation is different and like others suggested retirement is absolutely the first place to maximize your savings. I find that College 529 plans work best if you must or can save for your chi...  (more)
    Answered Jan 2015
    What kind of admin fees are reasonable when only 3 people participate in the 401K plan?
    The answer requires a bit more information regarding the plan but I would suggest that you look into speaking with other 3rd Party Administrators to see what they can do in order to reduce your costs. Also compare the services that they are providing and how they provide them to you to ascertain the...  (more)
    Answered Apr 2016
    I want to Know how much i have on my 401k to cash out and i you have a phone were i can call? Thanks?
    Best place to get that is to look at your statement if you are getting one. If not, contact that employer and ask for the HR department or the person responsible as the plans contact and they can direct you on how to find out your balances....  (more)
    Answered Mar 2015
    How much money can i borrow from my 401 k?
    Many plans allow for participants to borrow money from their accounts. When you do you are obligated to repay the borrowed funds and interest. Also most plans allow participants to take hardship withdrawals for certain situations such as medical expenses, purchase of a primary residence or college t...  (more)
    Answered May 2016
    Withdrawing from my 401K to purchase real estate.
    Edwin, Other issues you must consider are whether or not purchasing the home will make financial sense from a perspective of future needs and goals. With little information on your specific situation all any of us can do is give you the rules that have already been provided. Keep in mind that if yo...  (more)
    Answered Feb 2015
    How do i get access to my 401k while i still work there. my husband has lung cancer and we need help?
    Diana, First I am sorry to hear that your husband is not well and I hope that you both can find the treatment he needs.If you are over 59 and 1/2 you have access to your 401(k) penalty free but you will have to pay income tax on the amount distributed.If you are under 59 1/2 there are typically t...  (more)
    Answered May 2016
    What can I do with my 401k if I am no longer working and if I am not planning on going back to work?
    Adda,You can roll your 401(k) into a Traditional IRA in your case. By doing so you will avoid paying the 10% penalty for early withdrawal due to your age and avoid taxation on the amount distributed. Doing a direct roll over is the best way to accomplish this so that you can easily prove to the IRS...  (more)
    Answered May 2016
    How can i see my account,or how can i open an account to see how much i have on the 401k saved?
    Guillermo,Best place to start is with your employer and ask them to direct you to the person who handles Human Resources. Have a discussion with them regarding if you are eligible for the plan and/or a current participant if you are not sure. The type of retirement plan they have set up will be cri...  (more)
    Answered Feb 2015
    I would like to cash out my 401k how do I go about doing that?
    Hello Jennifer,You will need to speak with your HR department or the person in charge of the plan with your employer or previous employer. They should have the information for you. Keep in mind there are rules that may apply to you if you are not rolling the money over to an IRA, such as a 10% earl...  (more)
    Answered Mar 2015
    Q: how can i borrow money from my 401k??
    Hello Maria: Here is the answer I have provided to a similar question in the past. Potentially the section on Hardship Withdrawals may be most beneficial to you....Many plans allow for participants to borrow money from their accounts. When you do you are obligated to repay the borrowed funds and i...  (more)
    Answered Jun 2016
    Should I close my fidelity professional managed account and continue to monitor and rebalance annually myself?
    Vie,Among the fine number of answers here you may also benefit from a little more one on one time with an advisor if you have one dedicated to you. In times of great stress in the markets it is important to have someone who looks at your portfolio to help you understand the Fee's you are paying, th...  (more)
    Answered Sep 2015
    Can you tell me why Verizon says I cannot have vested pension now at age 62 yrs 4 months? have to wait until age 65?
    For pensions a retirement age is chosen by the company that determines the eligibility for full benefits amount, typically age 65. If your plan has a stated retirement age of 65 then that would be the age that full pension benefits are available to you. Often if someone retires and is younger then t...  (more)
    Answered Apr 2016
    Is Real Estate a good asset to invest in?
    Hello Kirk,Along with the excellent answers above a few aspects of real estate need to be considered as well. Many people investing in real estate need to truly understand the investment they make in this asset class. Most people are interested in direct ownership. This is an excellent way to own p...  (more)
    Answered Apr 2015
    How do I find information on fees associated with my company 401k?
    As an additional means of getting this information your employer has a responsibility to educate the participants of the plan about these types of issues so that you can make informed decisions on the investments you select. They should have materials readily available for you on all of the question...  (more)
    Answered Mar 2015
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      U.S. Securities and Exchange Commission
      • license status
      • disclosures
      • as of date
        Feb 27, 2020
      • license status
        Not registered
      • disclosures
      • as of date
        Nov 3, 2017
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:



      Last updated on March 25, 2020
        • $0
          Total Assets Under Management
        • $0
          Total Assets Under Advisement
        • 0
          number of clients
        • $0
          Estimated Average Account Balance Per Client

      Prominence Capital

      Last updated on Feb. 5, 2020
        • $38.9M
          Total Assets Under Management
        • N/A
          Total Assets Under Advisement
        • 133
        • $292.6K
          Estimated Average Account Balance


      Fee Only Advisor
      This advisor has certified that they are compensated soley by their clients, and do not accept commisions or compensation of any kind based on the products they recommend.

      Types of Compensation Arrangements