Steven Feldstein & Associates (Basking Ridge)

Name: Steven Feldstein & Associates
Address: 1 Shadowbrook Lane, Basking Ridge, NJ, 07920
Telephone: 908-879-9559

Steven Feldstein & Associates is a large advisory firm based in Basking Ridge. It manages $125 million of regulatory assets for 900 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Connecticut, New Jersey, and New York.

Steven Feldstein & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Steven Feldstein & Associates: assets under management

The assets under management (AUM) of Steven Feldstein & Associates is $125 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is state and local bonds, which make up 9% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Steven Feldstein & Associates for their services and products based on a percentage of assets under management. 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 Steven Feldstein & Associates serves?

The only and largest group of clients of Steven Feldstein & Associates is high net worth individuals with 900 clients and $120 million of assets under management. Among the 13 most similar advisory firms, Steven Feldstein & Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $120 million for 900 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.

Steven Feldstein & Associates doesn't advise any private funds.

Careers at Steven Feldstein & Associates

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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
Steven Feldstein	Chief compliance officer and managing member	1 Aug 1974	75% - 100%	1402510
Avis Gardell	Member	1 Mar 2014	Other	6317772

Based in Basking Ridge

The principal office where Steven Feldstein & Associates performs its advisory services is located at 1 Shadowbrook Lane, Basking Ridge, NJ 07920, 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 908-879-9559 or by fax 908-879-2552. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at financial-advisor.com.