Income & Asset Advisory, Inc. is a large advisory firm based in Armonk. It manages $97.31 million of regulatory assets for 461 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and 7 other states.
Income & Asset Advisory provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Income & Asset Advisory, Inc. is $97.31 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Income & Asset Advisory, Inc. for their services and products based on a percentage of assets under management, hourly charges, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Income & Asset Advisory is individuals with 190 clients and $67.99 million of assets under management. Among the 8 most similar advisory firms, Income & Asset Advisory has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $97.08 million for 208 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Income & Asset Advisory doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Income & Asset Advisory, Inc. performs its advisory services is located at 80 Business Park Drive, Suite 304, Armonk, NY 10504, which is also the mailing address of the firm. An additional office of the firm is in Ramsey, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 914-273-6800 or by fax 914-273-6806. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at theadvisory.com.