Kevin M. Gibney And Company, LLC (Iselin)

Name: Kevin M. Gibney And Company, LLC
Address: 120 Wood Ave. South, Iselin, NJ, 08830
Telephone: 908-970-9800

Kevin M. Gibney And Company, LLC is a large advisory firm based in Iselin. It manages $169.26 million of regulatory assets for 424 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and 4 other states.

Kevin M. Gibney And Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kevin M. Gibney And Company: assets under management

The assets under management (AUM) of Kevin M. Gibney And Company, LLC is $169.26 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $160.57 million in discretionary accounts and $8.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $420.35 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $206.79 thousand.

Kevin M. Gibney And Company has custody of $146.83 million in cash and securities for 61 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 73% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kevin M. Gibney And Company, 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.

What kind of clients Kevin M. Gibney And Company serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kevin M. Gibney And Company is high net worth individuals with 40 clients and $156.47 million of assets under management. Among the 9 most similar advisory firms, Kevin M. Gibney And Company has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $169.26 million for 79 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.

Kevin M. Gibney And Company doesn't advise any private funds.

Careers at Kevin M. Gibney And Company, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Based in Iselin

The principal office where Kevin M. Gibney And Company, LLC performs its advisory services is located at 120 Wood Ave. South, Iselin, NJ 08830, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 908-970-9800 or by fax 908-934-9249. The normal business hours are appointment only on Other. You can find more information about the New York firm at gibneywealth.com.