Mercadien Asset Management, LLC (Hamilton)

Name: Mercadien Asset Management, LLC
Address: 3625 Quakerbridge Road, Hamilton, NJ, 08619
Telephone: 609-689-9700

Mercadien Asset Management, LLC is a large advisory firm based in Hamilton. It manages $183 million of regulatory assets for 471 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Connecticut, District of Columbia, and 4 other states.

Mercadien Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, educational seminars and workshops, and advice on matters not involving securities.. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mercadien Asset Management: assets under management

The assets under management (AUM) of Mercadien Asset Management, LLC is $183 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 348% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $183 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $388.54 thousand each.

Mercadien Asset Management has custody of $33.7 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 84% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mercadien Asset Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mercadien Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Mercadien Asset Management is high net worth individuals with 42 clients and $144.4 million of assets under management. Among the 8 most similar advisory firms, Mercadien Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $180.4 million for 142 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.

Mercadien Asset Management doesn't advise any private funds.

Careers at Mercadien Asset Management, LLC

The company employs 4 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’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc The Mercadien Group	Member	1 Jul 2000	75% - 100%	22-3693480
Conrad Louis Druker	Member	1 Jul 2000	Other	4575390
Frederick Richard Bennett	Chief compliance officer	1 Oct 2004	Other	2545434
Kenneth Alan Kamen	Chief compliance officer	1 May 2005	25% - 50%	720953

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey A Sprowles	Member	1 Jul 2000	25% - 50%	4557862
Conrad L Druker	Member	1 Jul 2000	25% - 50%	4557866
Robert John Rahl	Member	1 Jul 2000	25% - 50%	4607243
Kenneth Alan Kamen	Member	1 Aug 2004	25% - 50%	720953

Based in Hamilton

The principal office where Mercadien Asset Management, LLC performs its advisory services is located at 3625 Quakerbridge Road, Hamilton, NJ 08619 The mailing address of the firm is P.O. Box 7648, Princeton, NJ 08543. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 609-689-9700 or by fax 609-838-3331. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mercadien.com.