Valley Wealth Managers provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Valley Wealth Managers reports 969 clients. They include 441 high-net-worth individuals, 413 individual clients, and 76 corporations and other businesses. Of its assets, 94.6% ($2.54B across 1,954 accounts) are managed with discretion; $146M across 109 accounts are not. A wrap fee program the firm both sponsors and manages holds $425M. Of its clients, 12% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 43% | 8% |
| High-net-worth individuals | 46% | 69% |
| Pension and profit-sharing plans | 2% | 12% |
| Charitable organizations | 2% | 3% |
| Corporations and other businesses | 8% | 8% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 413 | $205M | 7.6% | $496K |
| High-net-worth individuals | 441 | $1.86B | 69.1% | $4.21M |
| Pension and profit-sharing plans | 18 | $332M | 12.4% | $18.5M |
| Charitable organizations | 21 | $86.6M | 3.2% | $4.13M |
| Corporations and other businesses | 76 | $206M | 7.7% | $2.71M |
| Total | 969 | $2.69B | 100% | $2.77M |
- Clients
- 413
- Regulatory AUM
- $205M
- AUM share
- 7.6%
- Avg. per client
- $496K
- Clients
- 441
- Regulatory AUM
- $1.86B
- AUM share
- 69.1%
- Avg. per client
- $4.21M
- Clients
- 18
- Regulatory AUM
- $332M
- AUM share
- 12.4%
- Avg. per client
- $18.5M
- Clients
- 21
- Regulatory AUM
- $86.6M
- AUM share
- 3.2%
- Avg. per client
- $4.13M
- Clients
- 76
- Regulatory AUM
- $206M
- AUM share
- 7.7%
- Avg. per client
- $2.71M
Total
- Clients
- 969
- Regulatory AUM
- $2.69B
- AUM share
- 100%
- Avg. per client
- $2.77M
- Clients outside the U.S.
- 12%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Valley Wealth Managers charges 0.50%–1.25% a year for its VWM Investment Strategies. Each asset band is charged at its own rate. The fee is billed in advance, has a $5,000 annual minimum and requires an account of at least $100,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$3M | 1.00% |
| $3M–$5M | 0.80% |
| $5M–$15M | 0.65% |
| $15M–$25M | 0.60% |
| $25M–$50M | 0.55% |
| $50M and above | 0.50% |
Fee details and sources
Other fees
- Financial Planning
- Financial planning is charged hourly at $200 per hour, with a maximum fee set at the start of each engagement; 50% of the estimated total fee is due at the start.
Valley National Bank owns 75% or more of Valley Wealth Managers and is in turn owned by Valley National Bancorp (75% or more). The leadership team of Valley Wealth Managers includes President Michael Zaremsky, Chief Financial Officer Jamie Mayo and Chief Compliance Officer Christopher Wilson. It has 54 employees, 34 of them in advisory roles.
Leadership
- Michael ZaremskyPresident, Chairman of the Board
- Jamie MayoChief Financial Officer
- Christopher WilsonChief Compliance Officer
- Mitchell CrandellDirector
- Christopher GawleyGeneral Counsel, Corporate Secretary
- Collyn GilbertDirector
- Steven TussiHead of Investment Strategy
Investment adviser representatives
47 representatives listed in the SEC register as of 9 October 2026.
- Thomas Roberto Alonso
- Anthony Manuel Amaro
- brian asman
- Carlos Miguel Batista Gutierrez
- Daniel Howard Bernzweig
- Mark D Bubien
- Kathleen Mary Buske
- Jason Robert Calderwood
- Brenda Carey
- Jamie Lynn Casey
- Micah Jarett Charyn
- Leticia Edith Cruz
- Marlon Cruz
- John Joseph D'Arco
- Jaime Dashevschi
- Eliyahu Yosef Engelman
- Berta Epelbaum
- Steve Erikson
- Alejandro Feldman
- Martin L Gale
- John Alexander Gianni
- Matthew Louis Grosser
- Yi Ji
- Ayelet Osnat Kindler
- Javier Marcos Levy
- Shannon Littlejohn
- Camille Robin Madison
- Kevin Madrigal
- Nicholas Maguire
- David M Marks
- Leonid Medved
- Charles K Miller
- Oscar Omar Moraga
- Sean Moro
- Alexander Notaro
- Marc Hadley Pershan
- Matthew Edward Pohl
- Leanne Marie Polizzano
- Chagit Raskin
- Andre Roitman
- Amanda Spiteri
- Varda Tal
- Steven Ali Tussi
- Brianna Rose Vanacore
- Christopher Michael Wilson
- Brian Joshua Ycaza
- Michael Zaremsky
Staff
- 54 employees
- 34 in advisory functions
- 50 state-registered reps
- 41 broker-dealer reps
- 24 insurance agents
- Owns 75% or more of Valley Wealth Managers, Inc.
Valley National Bank
Control person · since July 2000
- Owns 75% or more of Valley National Bank
Valley National Bancorp
Control person · since July 2000
Valley Wealth Managers’ regulatory assets grew from $1.88B (July 2021) to $2.69B (March 2026); clients rose from 736 to 969 and employees from 20 to 54. In 2016, New Century Asset Management joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.69B | 969 | 54 | 13 |
| July 2025 | $2.32B | 982 | 54 | 13 |
| March 2024 | $2.25B | 869 | 52 | 14 |
| July 2023 | $2.19B | 1,059 | 48 | 14 |
| July 2022 | $2.1B | 742 | 17 | 7 |
| July 2021 | $1.88B | 736 | 20 | 7 |
Firms that joined
20161 joined
- New Century Asset ManagementNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Valley Wealth Managers has 12 offices (1 private residence, listed without an address), with 12 listed addresses across 5 states.
Florida · 6 listed addresses
- 19495 Biscayne BLVD, Aventura
- 1840 4th Street N, St. Petersburg
- 2121 Ponce De Leon BLVD, Coral Gables
- 1700 Palm Beach Lakes BLVD, West Palm Beach
- 301 East Las Olas BLVD, Fort Lauderdale
- 2028 East 7th Ave, Tampa
New Jersey · 2 listed addresses
- 80 East Ridgewood Ave, Suite 3, ParamusHQ
- 70 Speedwell Ave, Morristown
New York · 2 listed addresses
- 12 Water Street, White Plains
- 350 Madison Avenue, New York
California · 1 listed address
- 225 N Beverly DR, Beverly Hills
Illinois · 1 listed address
- 1 North Lasalle Street, Chicago
Other business names
Valley Wealth Managers has reported 1 other business name to the SEC.
- Hallmark Capital Management
Contact and registration details
- Legal name
- Valley Wealth Managers, Inc.
- Headquarters
- 80 East Ridgewood Ave, Suite 3, Paramus, NJ 07652
- Website
- valley.com
- Phone
- 888-794-7940
- SEC file
- 801-25461
- Structure
- New Jersey corporation
- Fiscal year end
- December
Valley Wealth Managers uses Charles Schwab ($1.57B, 65%), Pershing ($578M, 24%) and Northern Trust Securities ($269M, 11%) as custodians for its separately managed accounts. Valley Wealth Managers does not have custody of client assets.
- Northern Trust SecuritiesNorthern Trust Securities, Inc. · Chicago, IL · $269M11%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.57B65%
- PershingPershing LLC · Jersey City, NJ · $578M24%
At year end, Valley Wealth Managers’ separately managed accounts were largely in stocks (49%) and bonds (31%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.73B across 345 positions; the largest are Vanguard Russell 1000 Growth ETF (3.7%), Seagate Technology Hldngs PLC Ord Shs (3.2%) and Apple Inc. (3.1%).
What the accounts hold
- Stocks49%
- Funds17%
- Bonds31%
- Investment grade corporate bonds17%
- U.S. government and agency bonds7%
- State and local bonds5%
- High-yield corporate bonds2%
- Cash2%
- Other1%
- Alternative investments and annuities.1%
Reported 13F holdings
- $1.73B
- Reported 13F value
- 345
- Positions
- 26.9%
- In the 10 largest
- +11.4%
- Value vs. prior quarter
- Vanguard Russell 1000 Growth ETFETF3.7%
- Seagate Technology Hldngs PLC Ord Shs3.2%
- Apple Inc.3.1%
- Dell Technologies Inc. CL C2.6%
- Corning Inc.2.6%
- Cisco Sys Inc.2.5%
- Broadcom Inc.2.4%
- Global X Artificial Intelligence & Technology ETFETF2.3%
- Vanguard Morningstar Value ETFETF2.2%
- Element Solutions Inc.2.1%
Together, the ten largest are 26.9% of reported value.
How many clients does Valley Wealth Managers have?
Valley Wealth Managers has 969 clients and manages $2.69 billion for them, as of March 2026. They include 441 high-net-worth individuals, 413 individual clients, and 76 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Valley Wealth Managers offer?
Valley Wealth Managers provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Valley Wealth Managers charge?
Valley Wealth Managers charges 0.50%–1.25% a year for its VWM Investment Strategies. Each asset band is charged at its own rate. The fee is billed in advance, has a $5,000 annual minimum and requires an account of at least $100,000.
Source: VWM FORM ADV PART 2A 03-31-2026, filed 31 March 2026
Which custodians does Valley Wealth Managers use?
Valley Wealth Managers’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.57B, Pershing LLC (Jersey City, NJ), with $578M and Northern Trust Securities, Inc. (Chicago, IL), with $269M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Valley Wealth Managers have?
Valley Wealth Managers has 50 investment adviser representatives registered with state securities authorities, out of 54 employees, and 34 perform investment advisory functions. 41 employees are registered representatives of a broker-dealer and 24 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Valley Wealth Managers invest in?
At the end of its last fiscal year, Valley Wealth Managers’ separately managed accounts held 49% exchange-traded equities, 17% investment grade corporate bonds, 17% registered funds (mutual funds, ETFs, BDCs), 7% U.S. government and agency bonds, 5% state and local bonds, 2% high-yield corporate bonds, 2% cash and equivalents and 1% other. The 1% other category is described as: Alternative Investments and Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Valley Wealth Managers have a minimum investment?
Yes, Valley Wealth Managers’ minimum account size for its VWM Investment Strategies is $100K. It charges a $5K annual minimum fee.
Source: VWM FORM ADV PART 2A 03-31-2026, filed 31 March 2026
Who owns Valley Wealth Managers?
Valley Wealth Managers is owned through a holding company by Valley National Bancorp. Its direct owner is Valley National Bank (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Valley Wealth Managers get paid?
Valley Wealth Managers is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Valley Wealth Managers registered with the SEC?
Yes, Valley Wealth Managers has been registered with the SEC as an investment adviser since 11 October 1985. Its CRD number is 108879 and its SEC file number is 801-25461.
Source: Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record
How do I contact Valley Wealth Managers?
Valley Wealth Managers’ main office is at 80 East Ridgewood Ave, Suite 3, Paramus, NJ 07652. Its phone number is 888-794-7940. Its website is valley.com.