How does the advisor help clients – Key Takeaways:
1839 Asset Management LLC is a financial advisory firm that specializes in wealth management and investment strategies for high net worth individuals and families. With a team of experienced advisors and a client-centric approach, they aim to provide personalized and comprehensive financial solutions to their clients.
Facts and Insights
Founded in 1999, 1839 Asset Management LLC has established itself as a reputable and trusted financial advisory firm in the industry. With a focus on long-term relationships and a commitment to delivering excellent service, the firm has grown to manage over $3 billion in assets under management.
The firm follows a conservative investment approach, prioritizing capital preservation and risk management, while also seeking to maximize returns for their clients. They offer a range of investment strategies including equity, fixed income, and alternative investments, tailored to each client’s specific risk profile and financial goals.
Assets Under Management, Number of Advisors and Time in Business:
| As of January 2021 | |
|---|---|
| Assets Under Management | $3 billion |
| Number of Advisors | 12 |
| Time in Business | 22 years |
Financial Services Offered
- Wealth management
- Investment management
- Estate planning
- Tax planning
- Retirement planning and strategies
- Cash flow management
Client Types
- High net worth individuals
- High net worth families
- Trusts
- Foundations
Fees & Compensation
1839 Asset Management LLC operates on a fee-only basis, which means they receive compensation directly from their clients and do not earn commissions or other incentives from third parties. Their fees are based on a percentage of the assets under management and are transparently disclosed to clients.
The firm also offers performance-based fees, aligning their interests with their clients’ by earning a percentage of the investment returns they generate. This compensation structure ensures that the firm is dedicated to producing positive results for their clients.
Background
1839 Asset Management LLC is based in New York City and has a team of highly experienced financial advisors with diverse backgrounds and expertise. They approach financial planning and investment management with a long-term perspective, constantly monitoring and adjusting their strategies to help clients reach their financial goals.
Financial Advisor Disclosures to Know
1839 Asset Management LLC is a registered investment advisor with the Securities and Exchange Commission (SEC). As such, they have a fiduciary duty to act in their clients’ best interests and fully disclose any potential conflicts of interest.