Allan Katz

“As the Owner and Founder of Comprehensive Wealth Management Group, LLC, Allan Katz utilizes his 25 years of expertise to help his clients experience a meaningful and purpose-driven financial future.”

Comprehensive Wealth Management Group, LLC

Job Title:

Owner and Founder


Allan Katz strongly believes that his main focus is to help clients discover and work toward their financial goals. As a Certified Financial Planner (CFP®) and completely independent financial advisor, Allan takes a fiduciary perspective to all of his work with his clients.

Allan has been licensed for over 25 years and has owned his own practice, Comprehensive Wealth Management Group, LLC, for over 14 years and counting. Before beginning his own firm, Allan worked at as a Financial Advisor for the United Nations Federal Credit Union as an investment advisor. After a few disagreements with management regarding how to best help clients work toward their financial goals, Allan realized that it was time to go independent. To this day, Allan views this as one of the best decisions he has made in his career.

Allan’s specialties include college financial aid planning, retirement, estate planning, and Medicare planning. His firm is committed to utilizing all of their resources, education, and hard work to help clients work towards their goals. Each client and family is treated individually, as his firm believes that tailoring each plan is crucial to preserving wealth.

Upon receiving his Bachelor of Arts of Arts Degree in Economics from the State University of NY at Binghamton, Allan commenced his rewarding and challenging career in the Financial Services Industry. His career path has helped him to build a base of education, knowledge and experience that enables him to guide clients through the complex financial world and empower them to achieve their financial goals.

Allan is a dedicated Financial Planning Association (FPA) member and is keen on providing pro-bono planning and engaging in speaking opportunities on behalf of the FPA.  He is also dedicated to giving back to his community and is currently a member of the Board of Managers of the Staten Island YMCA and President of the Board of Directors of the Staten Island Alzheimer’s and Dementia Foundation, just to name a few of his charitable endeavors.

Allan's office is located at 243 Main Street Staten Island, NY 10307.


BA, Economics, SUNY Binghamton
BA, Economics, NYU

CRD Number:



Securities and Investment Advisory Services offered through Royal Alliance Associates, Inc., Member FINRA/SIPC. Financial Planning Offered through Comprehensive Wealth Management Group, LLC., a Registered Investment Advisor and Separate from Royal Alliance Associates, Inc.

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May 2018
January 2018
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September 2017

All Answers
    Retirement, IRAs, Taxes, Tax Deductions / Credits
What else should I be doing to prepare for retirement in addition to my current retirement accounts?

I think it is a very smart idea to contribute what is necessary to get the maximum company match.  I believe rolling your previous 401k to an IRA is a good idea as well.  IRA's have unlimited availability of investment choices and you can seek the advice of a Financial Advisor.  401k's are limited in the number of options available, which is not always optimal in creating a portfolio.  Contributing to a Traditional IRA is not allowed by the IRS because you are covered by a 401k at work.  You may however contribute to a ROTH if you are under the income limits.  I believe that a ROTH can be very advantageous because the growth will not be taxed as long as you hold it for at least 5 years or until age 59 1/2, whichever is longer.

March 2018
    Financial Planning, Retirement, 401(k), Choosing an Advisor, IRAs
Which type of financial advisor should I consult to determine the optimal drawdown strategy to minimize taxes in retirement?
March 2018
    Debt, Estate Planning, Investing, Taxes, Women & Money
What should I do with a four million dollar inheritance?
March 2018
    Banking, Investing, Annuities, IRAs, Taxes
I am rolling money from one IRA account into another one; what types of accounts should I consider?
March 2018
    Retirement, Retirement Savings, Investing, Stocks
How large of a nest egg would someone need in order to draw an income of $10,000 a month, perpetually, without seeing the principal decrease, assuming the nest egg is invested in the stock market?
March 2018