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Remco Asset Management, Inc. (Melville)


Remco Asset Management, Inc. is a mid-sized advisory firm based in Melville. It manages $27.94 million of regulatory assets for 78 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of New Jersey and New York.

Remco Asset Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Remco Asset Management: assets under management

The assets under management (AUM) of Remco Asset Management, Inc. is $27.94 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $27.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $358.16 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Remco Asset Management, Inc. for their services and products based on a percentage of assets under management. 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.

Based in Melville

The principal office where Remco Asset Management, Inc. performs its advisory services is located at 201 Old Country Road, Melville, NY 11747, 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 631-963-5708 or by fax 631-271-1805. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.


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