DiBenedetto & Associates Ltd

DiBenedetto & Associates Ltd is an SEC-registered advisory firm that serves individual investors — including high-net-worth clients — as well as family trusts, foundations, business entities, and retirement plans, managing about $333 million across roughly 314 client relationships. Its services include discretionary portfolio management, financial planning, and insurance brokerage, with advice on mutual funds, stocks, bonds, REITs and fixed-life insurance and annuity products; the firm also provides occasional non-investment guidance such as assistance with real estate and vehicle purchases.

The firm favors a long-term, buy-and-hold investment approach and builds customized, diversified asset allocations for retirement-focused clients, implemented primarily through actively managed mutual funds; bond and CD selections are screened for credit quality and generally held to maturity to generate income. It operates as a fiduciary with discretionary authority for managed accounts, conducts quarterly account reviews tied to reporting and billing cycles, and requires client accounts to be maintained at a qualified custodian (Charles Schwab).

A distinctive feature is that the firm also functions as an independent life insurance broker; to address the potential conflict from commission-based insurance sales, insurance products for which the firm receives commissions are excluded from assets under management and fee calculations. The firm is a small, team-based advisor (three advisors) with a stated account minimum of $500,000 (exceptions permitted) and emphasizes coordination with clients’ other professionals while providing supervisory services and ongoing fund monitoring.