Financial advisor Barry Mitchell has launched Next Level Private, an independent registered investment advisor (RIA) in Harrison, N.Y., with $850 million in client assets, according to a news release.
Since 2011, Mitchell and his eight-member team were affiliated with UBS as Mitchell WealthCare. He has more than three decades of experience. He serves as managing director of Next Level Private, which provides clients with goal-based planning, fiduciary advice, and financial advocacy, the press release said.
“As an independent RIA and fiduciary, we are free from previous proprietary constraints and have a lot more available to us in terms of research, investment solutions and technology that can put our clients in a better financial position,” Mitchell said in a news release announcing his independent firm’s launch.
Joining him at Next Level Private are Managing Director of Client Engagement Jenny Piche; Senior Financial Advocate Gary Raniolo II; Director of Client Experience Maggie Smith; Client Advocate Jennifer Galli; Investment Strategist Phil Johanson; and Financial Advocate Nick Mariano. Also joining Next Level Private is Kate Bluvol, a CPA who will serve as chief operating officer and chief compliance officer.
Mitchell said that initial client consultations with his new firm will begin with the creation of a Financial Freedom Roadmap. From there, he said, he and his team work with clients to plan for wealth accumulation; banking solutions and services; risk analysis; and building a legacy.
“Beyond helping our clients gain security and financial freedom, we want to help them create the fulfilling and purposeful life they’ve always envisioned,” Mitchell said in the news release. “Our goal is to make each and every client feel like they are part of a family and a community.”
Next Level Private will pursue that goal by donating a portion of the firm’s profits every year to charity, Mitchell said.