Coombe, Bender & Company, LLC (Wawarsing)

Name: Coombe, Bender & Company, LLC
Address: 6872 Route 209, Wawarsing, NY, 12489
Telephone: 845-647-4800

Coombe, Bender & Company, LLC is a large advisory firm based in Wawarsing. It manages $108.48 million of regulatory assets for 256 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Florida and New York.

Coombe, Bender & Company provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Coombe, Bender & Company: assets under management

The assets under management (AUM) of Coombe, Bender & Company, LLC is $108.48 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 239% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $108.48 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $423.74 thousand each.

Coombe, Bender & Company has custody of $2.06 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is investment and business development companies, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coombe, Bender & Company, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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 Coombe, Bender & Company serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Coombe, Bender & Company is individuals with 223 clients and $65.64 million of assets under management. Among the 9 most similar advisory firms, Coombe, Bender & Company has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $108.48 million for 256 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.

Coombe, Bender & Company doesn't advise any private funds.

Careers at Coombe, Bender & Company, LLC

The company employs 5 people that are either part- or full-time employees. 60 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
Philip Coombe	Member, chief executive officer	1 Oct 1998	50% - 75%	1226396
Catherine Coombe Bender	Member, chief compliance officer	1 Oct 1998	25% - 50%	2155289
Catherine M Coombe	Member, chief compliance officer	1 Oct 1998	25% - 50%	2155289

Based in Wawarsing

The principal office where Coombe, Bender & Company, LLC performs its advisory services is located at 6872 Route 209, Wawarsing, NY 12489 The mailing address of the firm is Po Box 333, Wawarsing, NY 12489. An additional office of the firm is in Monticello, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 845-647-4800 or by fax 845-647-7259. The normal business hours are 8:30 - 4:30 on Monday - Friday. You can find more information about the New York firm at coombebender.com.