Healthcare Community Securities Corporation (Rensselaer)

Name: Healthcare Community Securities Corporation
Address: One Empire Drive, Rensselaer, NY, 12144
Telephone: 518-431-7600

Healthcare Community Securities Corporation is a large advisory firm based in Rensselaer. It manages $2.38 billion of regulatory assets for 48 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of New Jersey, New York, and Pennsylvania.

Healthcare Community Securities Corporation provides pension consulting services, publication of newsletters, and provides investment supervisory 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.

Healthcare Community Securities Corporation: assets under management

The assets under management (AUM) of Healthcare Community Securities Corporation is $2.38 billion. The firm's AUM has grown by 2897% 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 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Healthcare Community Securities Corporation for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients J Ronald Gaudreault serves?

The only and largest group of clients of J Ronald Gaudreault is pension and profit sharing plans with 48 clients and $2.38 billion of assets under management. Among the 8 most similar advisory firms, Healthcare Community Securities Corporation has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $2.38 billion for 48 clients. None of the firm’s clients are foreign persons or businesses.

Healthcare Community Securities Corporation doesn't advise any private funds.

Careers at Healthcare Community Securities Corporation

The company employs 19 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 3 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.

J Ronald Gaudreault has been acting as President since 1 Apr 1999. Susan Ann Green Lorenzen joined the executive team most recently as the Board Of Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Group Insurance Agency	Parent corporation	1 Jul 1993	75% - 100%	14-1649861
Daniel Sisto	Presdient	1 Mar 1994	Other	425521
William F Streck	Executive officer/board member	1 Jan 1998	Other	2457563
J Ronald Gaudreault	Executive officer/chairman	1 Apr 1999	Other	2721389
Todd Michael Baughn	Manager, marketing and compliance	1 Jan 2000	Other	1988532
Daniel James Delpozzo	Cfo	1 Jun 2000	Other	5821447
Richard Ketcham	Executive officer/board member	1 Nov 2001	Other	4813360
Steven Goldstein	Executive officer/board member	1 Dec 2001	Other	5254753
Phd Peter V Mc Ginn	Executive officer/board member	1 Jan 2003	Other	4688083
Donna G Case	Executive officer / board member	1 Oct 2003	Other	4166989
John William Jezsu	Managing director/chief compliance officer	1 Dec 2004	Other	1278390
Stanley Brezenoff	Executive officer/board member	1 Dec 2004	Other	5216647
Michael J Dowling	Executive officer/board member	1 Jan 2005	Other	5255163
Stephen L Albertalli	Executive officer / board member	1 Jan 2006	Other	5185919
David G. Kruczlnicki	Executive officer/board member	1 Jan 2006	Other	4840887
Joseph A Quagliata	Executive officer/board member	1 Jan 2006	Other	5188121
Charles F Fahd Ii	Executive officer/ board member	1 Jan 2006	Other	5195074
Joseph P Corcoran	Executive officer/board member	1 Jun 2006	Other	5195052
Michael J Dowling	Executive officer/board member/chairman	1 Jan 2007	Other	5255163
Joseph A Quagliata	Executive officer/board member/secretary	1 Jan 2008	Other	5188121
Herbert Pardes	Executive officer/board member/treasurer	1 Jan 2008	Other	4381395
Ralph M Chandler	Executive officer/board member	1 Jan 2008	Other	5515367
Gail F Donovan	Executive officer/board member	1 Jan 2008	Other	5515359
John D O'neil	Executive officer/board member	1 Jan 2008	Other	5516486
James J Dooley	Executive officer/board member	1 Jan 2008	Other	5516448
Michael T Weber	Executive officer board member	1 Jan 2008	Other	5533430
William Hasselbarth	Executive officer	1 Jan 2008	Other	5696921
Joseph D Mcdonald	Executive officer/board member	1 Mar 2009	Other	5652570
James Joseph Kelley	Chief compliance officer/ president	1 Jan 2010	Other	1182403
David G. Kruczlnicki	Executive officer/board member	1 Jan 2010	Other	4840887
Joseph A Quagliata	Executive officer/board member/chairman	1 Jan 2010	Other	5188121
Herbert Pardes	Executive officer/board member/chairelect	1 Jan 2010	Other	4381395
Joseph D Mcdonald	Executive officer/board member/secretary	1 Jan 2010	Other	5652570
Joseph A Quagliata	Executive officer/board member immediate past chair	1 Jan 2011	Other	5188121
Herbert Pardes	Executive officer/board member/chair	1 Jan 2011	Other	4381395
Joseph D Mcdonald	Executive officer/board member/chair elect	1 Jan 2011	Other	5652570

Indirect Owners

The SEC currently registers 27 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hanys Solutions Inc	Sole shareholder	1 Dec 1983	75% - 100%	14-1655556
Healthcare Association Of New York State (Hanys)	Sole shareholder	1 Dec 1983	75% - 100%	14-1405826
Healthcare Association Of New York State	Sole shareholder	1 Dec 1983	75% - 100%	14-1405826
John R Spicer	Board of director	1 Jan 2000	Other	xxx-xx-xxxx
John Raymond Spicer	Board of director	1 Jan 2000	Other	xxx-xx-xxxx
Steven Goldstein	Board of director	1 Jan 2008	Other	xxx-xx-xxxx
Stephen S Mills	Board of director	1 Jan 2008	Other	xxx-xx-xxxx
Steven Ian Goldstein	Board of director	1 Jan 2008	Other	xxx-xx-xxxx
Stephen Sumner Mills	Board of director	1 Jan 2008	Other	xxx-xx-xxxx
John R Remillard	Board of director	1 Feb 2009	Other	xxx-xx-xxxx
Mark Joseph Solazzo	Board of director	1 Jan 2010	Other	xxx-xx-xxxx
Betsy Tanner Wright	Board of director	1 Jan 2010	Other	xxx-xx-xxxx
Scott Cooper	Board of director- secretary	1 Jan 2011	Other	xxx-xx-xxxx
Stephens M Mundy	Board member- treasurer	1 Jan 2012	Other	xxx-xx-xxxx
Stephens Marshall Mundy	Board member- treasurer	1 Jan 2012	Other	xxx-xx-xxxx
Richard Ketcham	Board of director	1 Jan 2012	Other	xxx-xx-xxxx
Linda Brady	Board of directors	1 Apr 2012	Other	6050707
Dennis James Verzi	Board of directors	1 Mar 2015	Other	6468921
Scott Hugh Perra	Board of directors	1 Mar 2015	Other	6468914
Joel Irwin Seligman	Board of directors	1 May 2015	Other	6489690
Richard Joseph Murphy	Board of directors	1 Mar 2016	Other	6632450
Susan Ann Green Lorenzen	Board of director	1 Aug 2017	Other	6852069
Karen Sue Westervelt	Board of director	1 Aug 2017	Other	6852074
Hugh Richard Thomas	Board of director	1 Aug 2017	Other	6852059
Andrew Raymond Manzer	Board of director	1 Aug 2017	Other	6852044
Diana Joyce Scalise	Board of director	1 Aug 2017	Other	6852032
Diana Scalise	Board of director	1 Aug 2017	Other	6852032

Based in Rensselaer

The principal office where Healthcare Community Securities Corporation performs its advisory services is located at One Empire Drive, Rensselaer, NY 12144, which is also the mailing address of the firm. An additional office of the firm is in Melville, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 518-431-7600 or by fax 518-431-7601. The normal business hours are 8:30 am to 5:00pm on Monday - Friday. You can find more information about the New York firm at strategicbenefitservices.com.