About Costello Asset Management, Inc.
Personalized Investment Account Management Since 1999 for Individuals, Families, Businesses, Estates and Non-Profit Organizations
Registered Investment Manager
It is our fiduciary duty to put our clients’ best interests first as we work to grow and preserve their assets. Our professional investment manager manages our clients’ investment portfolios as fiduciaries, acting at all times for their sole benefit and in their best interest.
OUR MISSION
To develop a thorough understanding of your overall financial situation; utilize our experience and expertise to design your investment strategy; create and fund your portfolio with appropriate investments; and provide ongoing asset management to achieve your financial goals.
Trusted Investment Counselors
Our team provides our clients with a wealth of professional insight, takes time to develop a thorough understanding of their overall financial picture and address concerns to achieve personal financial goals. Our investment advisors are accessible, professional, and respectful of client confidentiality. In addition, we will accommodate client schedules and are willing to meet outside the office at a location and time convenient to you.
All initial consultations are complimentary.
OUR SERVICES
• Money Management
• Stock & Bond Analysis
• Estate & Trust Administration
• Non-Profit Portfolio Counseling
• Retirement Planning
Meet Our Asset Management Team
President
Robert’s interest in finance began at an early age. Upon receiving his first paycheck from an after school job, he invested the entire amount in the stock market. It didn’t take long for Robert to double his money and realize the potential and value of investing. He’s been hooked on investment planning ever since.
Robert earned his BS in Business Administration and an MBA in Finance from LaSalle University in Philadelphia. He went on to work in all aspects of the financial business from the account side to the management side with a focus on investment research. During his career, Robert has held a Series 6, 7 and 63 Securities License and a Pennsylvania Fixed and Variable Annuity and Life Insurance License. Robert holds a Series 65 Investment Adviser Representative License.
His experience at nationally recognized investment firms includes positions such as Auditor of Operations, Investment Broker, Investment Research Analyst, Investment Research Director, and Investment Research Managing Director. Robert has been a member of the CFA Society of Philadelphia, a professional investment analyst organization, since 1989.
It didn’t take long for Robert to realize that the goals of a brokerage firm were often in conflict with that of his clients. With a fervent belief that a financial advisor should always be working in the best interest of his client, he founded Costello Asset Management, Inc., a client-centered, registered investment advisory firm.
Robert’s expertise also extends to non-profit organizations. He has set up 501c3 accounts as well as appeared in Orphans’ Court many times on their behalf and at no charge for the service to the nonprofit organization.
With over 30 years of investment industry experience, Robert has been cited as an industry expert in numerous national and regional media channels including The Wall Street Journal, Forbes, The Wall Street Transcript, The Philadelphia Inquirer & Daily News, The Philadelphia Business Journal, Philadelphia Magazine, Philly.com and NBC10TV.
Experience
President
Costello Asset Management Inc.
SEC Registered Investment Advisor
1999 – Present
Investment Broker
Boenning & Scattergood, Inc.
West Conshohocken, PA
1994 – 2008
Investment Research Director
Widmann & Siff & Co.
Bryn Mawr, PA
1989 – 1993
Education
La Salle University
Master of Business Administration (MBA)
1986 – 1989
La Salle University
Bachelor of Science in Business Administration (BBA)
1982 – 1986
Activities and Societies
Lambda Chi Alpha Fraternity
Investment Club
Volunteer Experience
Advisory Board
Little Sisters of the Poor-Philadelphia
Philadelphia, PA
Portfolio Administrator
Stephanie serves in client administration and operations. She received her BA in Communications from La Salle University. Stephanie handles multiple operational and compliance functions for Costello Asset Management, Inc. including: all client inquiries, new account openings, quarter end account reconciliations, and Costello Asset Management, Inc.’s database management.
Experience
Portfolio Administrator
Costello Asset Management, Inc.
2020 – Present
Education
La Salle University
Bachelor of Arts (BA), Communications
OUR SKILLS
• Asset Management
• Estate Planning
• Retirement Planning
• Asset Allocation
• Investment Advisory
• Wealth Management
• Insurance
• Strategic Planning
• Business Strategy
• Sales Management
• Risk Management
• Analysis
• Portfolio Management
• Team Building
• Marketing Strategy
• Negotiation
• Investments
• Financial Planning
• Mutual Funds
• Leadership
OUR CORE VALUES
Fiduciary Responsibility
We act first, foremost and always in our clients’ best interests.
Communication
We listen to our clients’ needs and goals.
Honesty
We believe in transparency and full disclosure.
Integrity
We provide professional, objective advice.
Costello Asset Management, Inc. in the News
Companies Back Own Stock for Variety of Reasons
Sixers Owner Sees Bargain in Scandal-Plagued Real Estate
Wonder Bread Lives
Philadelphia Icon Pep Boys Being Sold to Bridgestone
Let our skilled investment team develop a personalized financial strategy for you!
Contact Costello Asset Management, Inc. at 215-856-9290 today!
