How does the advisor help clients – Key Takeaways:
NORTH EAST ASSET MANAGEMENT (NEAM) is a trusted financial advisor that offers a wide range of financial services to help clients achieve their financial goals. With a team of experienced and dedicated advisors, NEAM provides personalized and comprehensive solutions to meet the unique needs and objectives of each client. Here are some key takeaways on how NEAM helps its clients:
- Customized financial plans tailored to the client’s goals, risk tolerance, and financial situation.
- Diversified investment strategies to maximize returns while minimizing risk.
- Ongoing monitoring and adjustments to the financial plan to ensure it remains aligned with the client’s goals and market changes.
- Expert guidance and advice on a variety of financial matters, such as retirement planning, tax strategies, and estate planning.
- Access to a wide range of financial products and services, including investment management, insurance, and lending solutions.
Facts and Insights
NEAM has been in the financial management industry for over 25 years. Here are some interesting facts and insights about the firm:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $5.4 billion | 25 | Over 25 years |
In addition, NEAM is a privately-owned firm that is registered with the Securities and Exchange Commission (SEC).
Financial Services Offered
NEAM offers a comprehensive suite of financial services to help clients achieve their financial goals. These services include:
- Investment Management
- Retirement Planning
- Tax Strategies
- Estate Planning
- Insurance Solutions
- Lending Solutions
Client Types
NEAM serves a diverse client base, including:
- High-net-worth individuals and families
- Business owners and executives
- Retirees
- Trusts and estates
- Institutions and foundations
Fees & Compensation
NEAM is a fee-based advisor, which means the firm charges a percentage of the client’s assets under management as compensation. This incentivizes NEAM to help clients grow their assets as it aligns their interests. Additionally, NEAM may also receive commissions from the sale of certain financial products, such as insurance policies or mutual funds. These commissions are disclosed to clients and do not affect the overall fee structure.
Background
NEAM was founded in 1993 by a team of seasoned financial professionals with a shared vision of providing superior financial solutions and exceptional client service. The firm is headquartered in New York City and has expanded to serve clients across the United States.
Financial Advisor Disclosures to Know
When choosing a financial advisor, it is important to be aware of any potential conflicts of interest or legal disclosures. Here are a few disclosures to know about NEAM:
- NEAM is a registered investment adviser with the SEC.
- The firm is not affiliated with any banks, brokerage firms, or insurance companies.
- NEAM and its advisors have no legal or disciplinary events on their records.
- The firm’s advisors do not receive compensation for selling specific financial products.
- NEAM may receive commissions for the sale of certain products, as disclosed in their Form ADV.