Mirsky Financial Management Corp. is a large advisory firm based in Rochester. It manages $233.16 million of regulatory assets for 638 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida, New York, and Texas.
Mirsky Financial Management Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mirsky Financial Management Corp. is $233.16 million. The firm's AUM has grown by 161% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mirsky Financial Management Corp. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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 David Bruce Mirsky is high net worth individuals with 75 clients and $126.39 million of assets under management. Among the 10 most similar advisory firms, Mirsky Financial Management Corp has the 5th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $233.16 million for 278 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.
Mirsky Financial Management Corp doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
David Bruce Mirsky has been acting as President since 1 Dec 2012. Bernard Lawrence Salamone joined the executive team most recently as the Executive Vice President.
The principal office where Mirsky Financial Management Corp. performs its advisory services is located at 130 C Linden Oaks, Rochester, NY 14625, 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 (585) 264-1658 or by fax (585) 264-9502. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at mirskyfinancial.com.