Who is Steven J. Musmanno?
Steven J. Musmanno, MBA, AIFA, is a Co-Managing Principal and the Chief Investment Officer of APS Pension & Financial Services in Melville, New York. He leads investment strategy for APS Investment Management, the firm’s institutional fiduciary arm, and is a co-founder, Managing Member and Chief Compliance Officer of APS Wealth Management, LLC, an SEC registered investment adviser.
What Steven J. Musmanno does
As Chief Investment Officer, Steven oversees the firm’s investment strategy and sets asset allocation policy for the risk-based portfolios that APS Investment Management builds and manages for retirement plans. He chairs the APSIM Fiduciary Investment Committee, oversees day-to-day portfolio trading for institutional and wealth management clients, and consults on pension and qualified plan design for the firm’s actuarial and third-party administration business.
ERISA fiduciary services
Plan governance and independent advisory services for 401(k), 403(b) and defined benefit plans, including investment policy statements and fiduciary assessments.
Investment management
Investment strategy, asset allocation policy and risk-based model portfolios overseen by Steven as Chief Investment Officer.
Experience
Current roles at APS, earlier work at Merrill Lynch in New York, an MBA in finance from NYU Stern and the AIFA designation.
Melville, New York
Steven works from the APS Pension & Financial Services office at 1 Huntington Quadrangle in Melville, on Long Island.
At a glance
- Current roleCo-Managing Principal and Chief Investment Officer, APS Pension & Financial Services
- AlsoChief Investment Officer, APS Investment Management (APSIM)
- Co-founderAPS Wealth Management, LLC, an SEC registered investment adviser
- CommitteeChairman and Chief Fiduciary, APSIM Fiduciary Investment Committee
- EducationMBA in finance, NYU Stern School of Business; undergraduate degree, SUNY Oswego
- DesignationAccredited Investment Fiduciary Analyst (AIFA)
About APS Pension & Financial Services
APS Pension & Financial Services is a boutique pension design and administration firm in Melville that has worked with closely held businesses for more than four decades. Its services include third-party plan administration, actuarial consulting, asset management and succession planning related to retirement plans. Steven’s work sits on the investment side of the firm: APS Investment Management provides ERISA plan governance and independent advisory services to qualified retirement plans, and APS Wealth Management manages portfolios for individuals and businesses.
Read the full biography of Steven J. Musmanno or see his experience and education.
Latest insights
Plain-language articles for plan sponsors and business owners on fiduciary governance, plan design and retirement plan investments.
Investment Lineup Reviews: How Often Plan Sponsors Should Revisit Fund Choices
Choosing plan funds is not a one-time decision. Here is how often sponsors typically review their investment lineup, what a review covers, and how to document it.
Read the article
Defined Benefit Plans for Closely Held Businesses: When They Make Sense
Defined benefit and cash balance plans can let owners save more than a 401(k) allows, but they come with real funding commitments. Here is when they tend to fit.
Read the article
Using the Company Retirement Plan for Tax Management and Wealth Creation
For business owners, a qualified plan can do more than attract employees. Here is how it can support tax management, wealth building, and diversification beyond the business.
Read the articleOfficial profiles
These are the official online profiles of Steven J. Musmanno. Other people share the Musmanno name, so use these links to confirm you have the right person.