Ed Silversmith, Jr.

CFP®, CPWA®

Financial Advisor & Portfolio Manager

esilversmith@wealthenhancement.com

Pittsford, NY

About

Ed has been providing financial services to clients in the Rochester area since 2016, and joined Wealth Enhancement in 2022. Ed is a CFP® practitioner, CPWA® designee, and CFA Level III candidate. He is also a member of the Rochester Financial Planning Association and Estate Planning Council of Rochester. In addition to portfolio management responsibilities, he helps clients to develop and execute on financial plans aligned with their goals and values. Ed lives in Rochester with his wife, Taylor, and daughter Ada. In his spare time, he enjoys a variety of activities including golf, traveling, hunting, and working out.

Education

BS, Business Administration, SUNY Brockport

Articles by topic

Blog

Managing Your Post-Secure Act Inheritance as a Non-Eligible Designated Beneficiary

The Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed in December 2019, and its “sequel,” the SECURE Act 2.0 was passed a few years later in December 2022. While the list of changes from these two pieces of legislation could warrant a short novel, let’s take some time to dissect a related issue I have been helping next-generation clients with.

Ed Silversmith, Jr. CFP®, CPWA®

10/16/2023

Blog

Tax Implications of Marital Trusts: How Do They Differ?

Trusts are popular estate planning tools used to transfer assets to beneficiaries while minimizing the effect of estate taxes. Spousal trusts, also known as marital trusts, fall into a subclass of trusts that can help you reduce the size of your estate for tax purposes while providing financial security for your spouse, family, and other beneficiaries.

Ed Silversmith, Jr. CFP®, CPWA®

05/02/2023

Blog

What Happens to my Equity Compensation if I'm Laid Off?

There are a variety of ways that companies can attract and keep employees. Whether through leave options and other paid time-off perks, extensive health care coverage, or the ability to work remotely, companies have no shortage of benefits to offer to stand out from the crowd when attracting talent. For highly compensated employees or employees of startups, you may also be offered compensatory benefits like equity compensation.

Ed Silversmith, Jr. CFP®, CPWA®

11/11/2022

Newsroom

Financial Planning: Edward Silversmith Jr. Quoted in “American’s Top 5 Financial Regrets”

Edward Silversmith Jr. CFP®, CPWA®, an Associate Portfolio Manager at Wealth Enhancement Group was quoted by Financial Planning in “American’s Top 5 Financial Regrets.”

Ed Silversmith, Jr. CFP®, CPWA®

09/19/2024

Newsroom

CBS: Ed Silversmith Featured in “5 Expert-Driven Tips for Paying Off $30,000 in Credit Card Debt”

Ed Silversmith, Jr., CFP®, CPWA®, Portfolio Manager at Wealth Enhancement Group was featured by CBS MoneyWatch in “5 Expert-Driven Tips for Paying Off $30,000 in Credit Card Debt.”

Ed Silversmith, Jr. CFP®, CPWA®

07/18/2024