Cadre Financial Services, Inc. (Ronkonkoma)

Name: Cadre Financial Services, Inc.
Address: 905 Marconi Ave, Ronkonkoma, NY, 11779 7255
Telephone: 1-800-221-4524

Cadre Financial Services, Inc. is a large advisory firm based in Ronkonkoma. It manages $3.66 billion of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2001.

Cadre Financial Services provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cadre Financial Services: assets under management

The assets under management (AUM) of Cadre Financial Services, Inc. is $3.66 billion. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.47 billion in discretionary accounts and $194.51 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $38.9 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cadre Financial Services, Inc. for their services and products based on a percentage of assets under management. 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.

Careers at Cadre Financial Services, Inc.

William Thomas Sullivan has been acting as President since 1 Dec 1996. Eulogio Amado Ramos has served as the Chief Investment Officer since 1 Feb 2001 and Kevin James Burke is the Chief Executive Officer of Cadre Financial Services, Inc. family office. Jennifer Lynne Scheffel joined the executive team most recently as the Assistant Vice President, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frank Joseph Bivona	Director	1 Jun 1995	Other	2810264
Ambac Financial Group	Owner	1 Jun 1995	75% - 100%	13-3621676
Ambac Capital Corp	Owner	1 Jun 1995	75% - 100%	06-1418630
William Thomas Sullivan	Chairman	1 Dec 1996	Other	439867
Francis Xavier Sullivan	President	1 Dec 1996	Other	1475044
Peter Russell Poillon	First vice president/ treasurer	1 Jun 2000	Other	2892443
Kevin James Burke	Chief executive officer	1 Jan 2001	Other	2451331
Eulogio Amado Ramos	Chief investment officer	1 Feb 2001	Other	1729290
Danielle Buell	First vice president/treasurer	1 Jan 2002	Other	2183992
Fred Steven Jensen	Vice president/ chief compliance officer	1 Jan 2002	Other	3203649
David Lee Boyle	Director	1 Dec 2002	Other	3198860
David Lee Boyle	Chairman, chief executive officer	1 Jun 2003	Other	3198860
Jennifer Lynne Scheffel	Assistant vice president, chief compliance officer	1 Sep 2003	Other	4539062

Based in Ronkonkoma

The principal office where Cadre Financial Services, Inc. performs its advisory services is located at 905 Marconi Ave, Ronkonkoma, NY 11779 7255, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 1-800-221-4524 or by fax 631-580-8802. The normal business hours are 8:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at www.ambac-cadre.com.