ince 1981, Enright, Mollin, Cascio & Ramusevic Inc. (formerly Enright Financial Advisors Inc.) has provided financial counseling to high net worth individuals, corporate and individual retirement plans, foundations, and not-for-profit corporations.
The firm was acquired by the national accounting firm of BDO Seidman in 1986. In 1990, the firm became independent again and has remained so since that time.
AT BDO Seidman, Steven Enright hired Douglas Mollin away from EF Hutton to be the Assistant Director of Financial Planning in the New York office. They both also ended up meeting and working with Michael Cascio at that time, which led to the eventual new firm.
Enright, Mollin, Cascio & Ramusevic Inc. is a privately held company organized as a corporation. Stock ownership is held solely by employees of the firm.
EMCR has no affiliation or agreement (except for custody services through Charles Schwab & Company and Fidelity) with any other financial services firm, including brokerage and insurance companies. It is not only independent, but also strictly fee-only. It accepts no commissions or other product-related compensation. The partners are also owners in RCK, CPAs, a tax and accounting firm. Many of our clients are clients of both firms. However, there is no real or implied obligation for any client of EMCR to work with RCK, or for RCK clients to work with EMCR.
EMCR is registered with the United States Securities and Exchange Commission. As of year-end 2016, EMCR has 103 clients and $184,000,000 in assets under management. A copy of our form ADV is available upon request.
Although our founding partner, Steven Enright, passed away in 2014, his founding principles still guide the firm:
- Never stop learning. Staying up to date with our education and training allows us to bring the level of expertise our clients expect and deserve.
- The client's interest always comes first.
While maybe not so novel now, it was back in 1981 when Steven started the firm. This guided our compensation structure as fee-only so we could eliminate many of the real or implied conflict of interests that commissioned-based advisors face. And it guides every decision we make along the way in giving advice and guidance.