Adc Wealth Management, LLC is a large advisory firm based in Massapequa. It manages $110.79 million of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, Massachusetts, New York, and Texas.
Adc Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Adc Wealth Management, LLC is $110.79 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Adc Wealth Management, LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Adc Wealth Management is high net worth individuals with 21 clients and $76 million of assets under management. Among the 12 most similar advisory firms, Adc Wealth Management has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $110.79 million for 135 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.
Adc Wealth Management doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.
The principal office where Adc Wealth Management, LLC performs its advisory services is located at 30 D Broadway, Massapequa, NY 11758, 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 516-308-7514 or by fax 516-308-7517. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at adcwealth.com.