Sage Financial Group was formed in 1991 and is owned by principals Alan Cohn, Stephen Cohn, Mitchell Bednoff, and John Sion. The firm builds portfolios primarily from mutual funds, ETFs, and exchange traded notes, and may allocate a portion of client assets to unaffiliated independent managers, whose fees are charged separately and in addition to Sage's. The firm's principals also sponsor a series of affiliated Sage real estate and Opportunity Zone private funds and may recommend that qualified clients invest; because the principals can earn fund-level management and performance fees that exceed Sage's standard advisory fee, this presents a disclosed conflict of interest. Estate planning is offered through a partnership with an outside attorney as part of the firm's family office services.
Overview
- Headquarters
- West Conshohocken, PA
- Total Firm Assets
- $4.3 billion
- Average High-Net-Worth Client Portfolio Size
- $5.6 million
- Stated Minimum Account Size
- $1,000,000
Recent Rankings
Fee Disclosure
Source: ADV PART 2A (2026-06-26) · View brochure text
| Min | Max | Disclosed Annual Rate |
|---|---|---|
| $0 | $1,000,000 | 1.00% |
| $1,000,001 | $3,000,000 | 0.75% |
| $3,000,001 | $5,000,000 | 0.50% |
| $5,000,001 | $10,000,000 | 0.30% |
| $10,000,001 | and above | 0.25% |
Stated Minimum Annual Fee: $10,000
Estimated Annual Advisory Fees
| Portfolio Value | Estimated Annual Fee | Effective Fee Rate |
|---|---|---|
| $1 million | $10,000 | 1.00% |
| $5 million | $35,000 | 0.70% |
| $10 million | $50,000 | 0.50% |
| $50 million | $150,000 | 0.30% |
| $100 million | $275,000 | 0.28% |
Actual fees may vary; other investment costs may apply.
Compare fees: lowest-fee advisors in Pennsylvania for $2M portfolios · $10M portfolios
Clients
- High-Net-Worth Share of Firm Assets
- 92.66%
- Number of High-Net-Worth Clients
- 715
- Total Client Accounts
- 4,334
- Discretionary Accounts
- 4,041
- Non-Discretionary Accounts
- 293
Services Offered
Services: Financial Planning, Portfolio Management for Individuals, Portfolio Management for Pooled Investment Vehicles, Portfolio Management for Institutional Clients, Investment Advisor Selection
Regulatory Filings
- SEC CRD Number
- 116574
- ADV PART 2A (2026-06-26) (fee schedule source) · View brochure text
View firm on SEC ↗ · Current Form ADV (PDF) ↗