Paratus Wealth Management

Raymond L. Mastroberte is listed as the firm's principal and Chief Compliance Officer. He holds the Series 65 license, a prerequisite for providing investment advice and managing client portfolios on a fee basis. Public filings do not indicate a separate investment committee or outsourced chief investment officer arrangement, suggesting portfolio decisions are made directly by Mastroberte or a small internal team.

The firm builds portfolios using mutual funds, ETFs, individual stocks, and bonds, with asset allocation driven by client risk tolerance, time horizon, and financial objectives. Regulatory filings indicate use of third-party custodians such as Charles Schwab for trade execution and custody, reflecting an independent RIA model rather than a proprietary investment platform.

No. It is a registered investment advisor serving multiple clients — its Form ADV historically lists over 300 accounts. This is the legal and operational profile of a community-based RIA, not a single-family office centralized around one family's wealth, governance, and succession structure.

Publicly available filings and the firm's documented service descriptions do not reference direct co-investments, private equity allocations, or partnerships with general partners. The practice appears centered on publicly traded securities and broadly available investment products. For an allocator or peer FO, this suggests a limited appetite or capacity for structured private market co-investment programs.

The firm's Form ADV and BrokerCheck records show no material disciplinary events. Its compliance history suggests a clean regulatory record, though the absence of events is common among small advisory practices with standard retail-oriented business models managed through major custodian platforms.

Client sourcing appears local and regional, centered in the New York-New Jersey metropolitan area. The firm's Paramus, New Jersey location places it in a corridor of suburban wealth in Bergen County, and its services — retirement planning, education funding, estate coordination — align closely with the needs of professionals, business owners, and retirees in that geographic market.

No distinct philanthropic entity or charitable trust is disclosed. The firm lists estate coordination and retirement planning as core services, which may include charitable giving strategies within a financial planning context, but there is no evidence of a standalone foundation, donor-advised fund program, or dedicated philanthropic arm.