Investment Insight Wealth Management, LLC (North Massapequa)

Name: Investment Insight Wealth Management, LLC
Address: 36 West Drive, North Massapequa, NY, 11758
Telephone: 516-249-0060

Investment Insight Wealth Management, LLC is a mid-sized advisory firm based in North Massapequa. It manages $61.17 million of regulatory assets for 279 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of New Hampshire and New York.

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

Investment Insight Wealth Management: assets under management

The assets under management (AUM) of Investment Insight Wealth Management, LLC is $61.17 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 118% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $61.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $219.24 thousand each.

Investment Insight Wealth Management has custody of $10.02 million in cash and securities for 39 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 39% of the firm’s portfolio. Investments in exchange traded securities form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investment Insight Wealth Management, 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 Investment Insight Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Investment Insight Wealth Management is high net worth individuals with 20 clients and $33.96 million of assets under management. Among the 4 most similar advisory firms, Investment Insight Wealth Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $52.31 million for 142 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.

Investment Insight Wealth Management doesn't advise any private funds.

Careers at Investment Insight Wealth Management, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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
Robert Jude Sullivan	Managing member/chief compliance officer	1 Nov 2003	75% - 100%	1710551

Based in North Massapequa

The principal office where Investment Insight Wealth Management, LLC performs its advisory services is located at 36 West Drive, North 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 516-249-0060 or by fax 516-249-0055. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at myinvestmentinsight.com.