Strategic Family Wealth Counselors, L.L.C. (Fairfield)

Name: Strategic Family Wealth Counselors, L.L.C.
Address: 100 Passaic Avenue, Fairfield, NJ, 07004
Telephone: 973-575-3444

Strategic Family Wealth Counselors, L.L.C. is a large advisory firm based in Fairfield. It manages $651.95 million of regulatory assets for 3,765 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Connecticut, Florida, and 9 other states.

Strategic Family Wealth Counselors, L.L.C provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and bill pay services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Strategic Family Wealth Counselors, L.L.C: assets under management

The assets under management (AUM) of Strategic Family Wealth Counselors, L.L.C. is $651.95 million. The firm's AUM has grown by 65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $574.48 million in discretionary accounts and $77.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $355.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $36.08 thousand.

Strategic Family Wealth Counselors, L.L.C has custody of $253.89 million in cash and securities for 150 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Strategic Family Wealth Counselors, L.L.C. for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Strategic Family Wealth Counselors, L.L.C serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Strategic Family Wealth Counselors, L.L.C is individuals with 250 clients and $306.8 million of assets under management. Among the 9 most similar advisory firms, Strategic Family Wealth Counselors, L.L.C has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $651.95 million for 344 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.

Strategic Family Wealth Counselors, L.L.C doesn't advise any private funds.

Careers at Strategic Family Wealth Counselors, L.L.C.

The company employs 11 people that are either part- or full-time employees. 45 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 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
Michael Timothy Dwyer	Managing member	1 Apr 1998	75% - 100%	1042316
Joseph Lawrence Sluck	Chief operating officer	1 Apr 2007	Other	2161084
Mark Edward Bracci	Chief compliance officer	1 Jun 2008	Other	2592577

Based in Fairfield

The principal office where Strategic Family Wealth Counselors, L.L.C. performs its advisory services is located at 100 Passaic Avenue, Fairfield, NJ 07004, 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 973-575-3444 or by fax 973-575-5590. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at strategicfamilywealth.com.