Our Philosophy
Castle Advisors Group, LLC is a Registered Investment Advisor filed in NYS. We are licensed to legally provide financial advice throughout the United States. We are a fiduciary and have a legal obligation to act in the best interests of our clients. As a fiduciary our compensation is directly aligned with our clients best interests. We do not make commissions on trades.
We differentiate ourselves with a unique multi-faceted investment strategy utilizing true hedges to protect our clients in bear markets while still providing them the exposure to multiple sectors and global markets. The traditional investment strategy used by most financial advisers is a percentage portfolio of stocks and bonds based on their current age, becoming more conservative as the client get ages. Castle believes there needs to be a paradigm shift away from the traditional playbook, as it will not perform well during market downturns and recessions. Asset allocations need to be updated constantly in order to protect an individual’s wealth from absolute losses and monetary debasement. A set it and forget it philosophy will not protect the investor from the major corrections inherent in the securities industry. A more pro-active approach is required and is the foundation of Castle Advisors Group, LLC. Being an RIA requires us to act as a fiduciary for our clients and our compensation is directly correlated to our client's assets. We only do better if our clients do. We are aligned.
More importantly we differ from so many of our competitors through better communication, 100% transparency and greater service. Doug and Damon have contrasting styles and come from vastly different experiences, which has given them the advantage to see a client's goals and priorities with different perspectives. We are dedicated to providing comprehensive solutions to help protect, invest and plan for each of our client's unique personal, professional and financial goals and desires.
We are excited to serve our clients with the integrity and personal touch that they want and deserve.
Douglas Hannie
Douglas Hannie is a native of Rochester, born in 1966, and a graduate of Pittsford Sutherland in 1984. Doug went on to graduate with a Bachelor of Science, in Business Administration from Nazareth College.
After working for Eastman Kodak in Rochester, NY, Doug moved to San Diego in 1995 and pursued a career as a PGA golf professional. After 6 years in San Diego and achieving his Class A PGA accreditation, Doug moved to Maui and worked as a Teaching Professional at the Kapalua Resort on Maui. Doug met his wife, Amy and they had two boys while living on Maui. Doug acquired his real estate license and worked for the Westin Resort in Ka'anapali until moving back to Rochester in 2010. Doug secured his Series 6, Series 63 and Insurance licenses over the next couple years and worked for MassMutual as a career agent until setting out as an independent agent/broker in 2016. Being an independent agent was and is in the best interest of his clients as it has allowed Doug to be agnostic with respect to insurance carriers. Doug worked for Nazareth as the golf swing coach for six years and continues to teach golf at Mendon Golf Club and run junior golf camps in his spare time. Doug has donated his time to many charity golf committees and has helped raise money for InterVol, Rotary, Camp Good Days, Equicenter, and Mary Cariola among others. Doug continues to coach Little League Baseball in Pittsford, NY as well.
Doug met Damon soon after returning to Rochester and for years they discussed the inadequacies of the traditional investment philosophy and how 40 years of falling interest rates had led to so many portfolios to be left in peril, due to inactive management styles and a lack of service. Finally the opportunity presented itself and in 2018, Doug and Damon created Castle Advisors Group, LLC. to work with those clients they already had and to find more like minded folks to service.
Doug is the Chief Operations Officer and oversees the day to day operations and relations with all regulatory agencies and custodians, ensuring that Castle stays in compliance with NYS Department of Financial Services, FINRA and the SEC. Doug also uses his insurance background to work on comprehensive planning for families, business owners and individuals to help them achieve their unique goals and desires.
