Symphonic Financial Advisors LLC (New York)


Symphonic Financial Advisors LLC is a large advisory firm based in New York. It manages $122.85 million of regulatory assets for 1,325 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Symphonic Financial Advisors 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 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Symphonic Financial Advisors: assets under management

The assets under management (AUM) of Symphonic Financial Advisors LLC is $122.85 million. The firm's AUM has grown by 1047% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $113.63 million in discretionary accounts and $9.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $88.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $204.96 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 19% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Symphonic Financial Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Todd D Bothwell serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Todd D Bothwell is individuals with 1,301 clients and $117.94 million of assets under management. Among the 9 most similar advisory firms, Symphonic Financial Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $122.85 million for 1,346 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.

Symphonic Financial Advisors doesn't advise any private funds.

Careers at Symphonic Financial Advisors LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 21 people 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.

Todd D Bothwell has been acting as President since 1 May 2005. Michael Joseph Nunnelee joined the executive team most recently as the Board Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc City National Rochdale Holdings Managing member 1 Apr 2005 Other 20-2931739
Acebes D'allessandro & Associates Llc Member 1 Apr 2005 75% - 100% 20-2931739
Acebes D'alessandro & Associates Llc Member 1 Apr 2005 75% - 100% 20-2931739
Carl Acebes Chairman emeritus 1 Apr 2005 Other 664
Garrett Richard Dalessandro President, ceo, cio and board member 1 May 2005 Other 1910929
Joseph Seth Englander Secretary 1 May 2005 Other 2233421
Jane Freeman Molbert Treasurer 1 May 2005 Other 3255887
Kurt Alexander Hawkesworth Chief compliance officer 1 May 2005 Other 4043037
Todd D Bothwell President 1 May 2005 Other 859176
Carl Acebes Chairman 1 May 2005 Other 664
Mark Roy Mcauley Executive vice president 1 Jun 2005 Other 1329070
Edmund Lawrence Towers Chief financial officer 1 Jul 2005 Other 1615317
Dean Thomas Russell Vice president 1 Sep 2005 Other 1396060
Beth Ann Hearn Vice president 1 Sep 2005 Other 1604926
Esmat Bahar Matin Chief compliance officer 1 Feb 2007 Other 5009122
Gregg Robert Giaquinto Executive vice president 1 Feb 2007 Other 3182583
Esmat Bahar Hawkesworth Chief compliance officer 1 Feb 2007 Other 5009122
Kurt Alexander Hawkesworth Chief operating officer and board member 1 Feb 2008 Other 4043037
William Christopher O'donnell Chief financial officer 1 Jul 2011 Other 4346930
Richard Scott Gershen Board member 1 Jul 2012 Other 2192421
William Jay Freeman Board member 1 Jul 2012 Other 4650630
Richard Howard Adler Board member 1 Jul 2012 Other 2102059
Francesco Michael Gozzillo Chief compliance officer 1 Jan 2013 Other 2099916
Scott Nathan Brody Chief compliance officer 1 Jan 2018 Other 2890610
Michael Steele Lukaj Chief compliance officer 1 Mar 2018 Other 5448713
Don James Andrews Chief compliance officer 1 Feb 2019 Other 2406739
Michael Joseph Nunnelee Board member 1 Apr 2019 Other 1712245

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Carl Acebes Director 1 Jan 1975 75% - 100% 664
City National Corporation Owner 1 Mar 2001 75% - 100% 95-2568550
Rochdale Corporation Member 1 May 2005 50% - 75% 04-2547905
City National Bank Managing member of cnr holdings, llc 1 Jul 2012 75% - 100% 95-1780067
Rbc Usa Holdco Corporation Owner 1 Nov 2015 75% - 100% 20-0563684
Royal Bank Of Canada Ultimate owner 1 Nov 2015 75% - 100% 13-5357855

Based in New York

The principal office where Symphonic Financial Advisors LLC performs its advisory services is located at 400 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Lutherville, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-702-3500 or by fax 212-702-3535. 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 symphonicfa.com/.