Armbruster Capital Management, Inc. is a large advisory firm based in Pittsford. It manages $423.17 million of regulatory assets for 305 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, New York, and North Carolina.
Armbruster Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Armbruster Capital Management, Inc. is $423.17 million. The firm's AUM has grown by 1528% 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 Armbruster Capital Management, Inc. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mark Edward Armbruster is high net worth individuals with 163 clients and $307.44 million of assets under management. Among the 7 most similar advisory firms, Armbruster Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $415.89 million for 301 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.
Armbruster Capital Management doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 3 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Mark Edward Armbruster has been acting as President since 1 Aug 2009. Christopher Michael Cebula joined the executive team most recently as the Cfo, Chief Compliance Officer.
The principal office where Armbruster Capital Management, Inc. performs its advisory services is located at 1250 Pittsford Victor Road, Pittsford, NY 14534, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 585-381-4180 or by fax 585-381-4197. The normal business hours are 8:30 am-5:00pm on Monday - Friday. You can find more information about the New York firm at armbrustercapital.com.