The Financial Consulate, Inc is a large advisory firm based in Hunt Valley. It manages $415.47 million of regulatory assets for 2,637 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Delaware, Florida, and 9 other states.
The Financial Consulate 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, publication of newsletters, educational seminars and workshops, and tax, accounting & estate advisory. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Financial Consulate, Inc is $415.47 million. The firm's AUM has grown by 665% 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 The Financial Consulate, Inc 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Andrew Vincent Tignanelli is individuals with 841 clients and $216.91 million of assets under management. Among the 10 most similar advisory firms, The Financial Consulate has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $415.47 million for 951 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.
The Financial Consulate doesn't advise any private funds.
The company employs 21 people that are either part- or full-time employees. 52 percent of the employees work as investment advisers or researchers. 10 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.
Andrew Vincent Tignanelli has been acting as President since 1 Jan 1984. Thomas Vincent Bonvissuto has served as the Chief Investment Officer since 1 Sep 2013. Michael Patrick Mccarthy joined the executive team most recently as the Chief Operating Officer / Chief Compliance Officer.
The principal office where The Financial Consulate, Inc performs its advisory services is located at 201 International Circle, Hunt Valley, MD 21030, which is also the mailing address of the firm. An additional office of the firm is in Gettysburg, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 410-823-7283 or by fax 410-771-3006. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at financialconsulate.com.