Personal Cfo Solutions LLC (Chester)

Name: Personal Cfo Solutions LLC
Address: 384 Main Street, Chester, NJ, 07930 2528
Telephone: 908-955-7055

Personal Cfo Solutions LLC is a large advisory firm based in Chester. It manages $622.19 million of regulatory assets for 3,077 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Connecticut, and 11 other states.

Personal Cfo Solutions provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Personal Cfo Solutions: assets under management

The assets under management (AUM) of Personal Cfo Solutions LLC is $622.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 378% since the beginning of its operation, and $651.82 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $622.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $202.21 thousand each.

Personal Cfo Solutions has custody of $27.92 million in cash and securities for 44 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is state and local bonds, which make up 23% of the firm’s portfolio. Investments in investment and business development companies form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Personal Cfo Solutions LLC for their services and products based on a percentage of assets under management 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 Personal Cfo Solutions serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Personal Cfo Solutions is high net worth individuals with 212 clients and $589.96 million of assets under management. Among the 11 most similar advisory firms, Personal Cfo Solutions has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $622.19 million for 313 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Personal Cfo Solutions doesn't advise any private funds.

Careers at Personal Cfo Solutions LLC

The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 9 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
John Fernando Vieira	Co-managing member, managing director	1 May 2011	25% - 50%	4305977
Bryan Patrick Landadio	Co-managing member, managing director and chief compliance officer	1 Sep 2011	25% - 50%	2734849
Patrick Augustine Nolan	Co-managing member, managing director	1 Nov 2011	25% - 50%	2873111
Justin Carter Dausch	Chief compliance officer	1 Sep 2019	Other	6919209

Based in Chester

The principal office where Personal Cfo Solutions LLC performs its advisory services is located at 384 Main Street, Chester, NJ 07930 2528, which is also the mailing address of the firm. An additional office of the firm is in Concord, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 908-955-7055 or by fax 908-955-7238. 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 pcfos.com.