Hazard & Siegel Advisory Services LLC (Dewitt)

Name: Hazard & Siegel Advisory Services LLC
Address: 5793 Widewaters Parkway, Dewitt, NY, 13214
Telephone: 315-414-0722

Hazard & Siegel Advisory Services LLC is a large advisory firm based in Dewitt. It manages $153.02 million of regulatory assets for 225 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, Maryland, Massachusetts, and 7 other states.

Hazard & Siegel Advisory Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hazard & Siegel Advisory Services: assets under management

The assets under management (AUM) of Hazard & Siegel Advisory Services LLC is $153.02 million. The firm's AUM has grown by 404% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hazard & Siegel Advisory Services LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients David Mark Mullen serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of David Mark Mullen is pension and profit sharing plans with 11 clients and $130.38 million of assets under management. Among the 8 most similar advisory firms, Hazard & Siegel Advisory Services has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $148.73 million for 85 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.

Hazard & Siegel Advisory Services doesn't advise any private funds.

Careers at Hazard & Siegel Advisory Services LLC

The company employs 14 people that are either part- or full-time employees. 79 percent of the employees work as investment advisers or researchers. 11 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 receive compensation from other entities for client referrals.

David Mark Mullen has been acting as President since 1 Jun 2003. Alexander Sotir Joseph joined the executive team most recently as the Ceo; Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alexander Sotir Joseph	Ceo; member	1 Jun 2003	Other	1092307
David Mark Mullen	President/chief compliance officer	1 Jun 2003	75% - 100%	1327419

Based in Dewitt

The principal office where Hazard & Siegel Advisory Services LLC performs its advisory services is located at 5793 Widewaters Parkway, Dewitt, NY 13214 The mailing address of the firm is Po Box 157, Dewitt, NY 13214 0157. An additional office of the firm is in Syracuse, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 315-414-0722 or by fax 315-414-0724. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at hazardsiegel.com.