How does the advisor help clients – Key Takeaways:
Spencer Brook Asset Management, LLC is an independent financial advisory firm that aims to help its clients achieve financial stability and success through comprehensive financial planning and investment management services.
- Offers personalized and tailored financial solutions to meet individual client’s goals and needs
- Provides a holistic approach to financial planning, taking into account all aspects of a client’s financial situation
- Emphasizes on developing a long-term relationship with clients based on trust and transparency
Facts and Insights
Spencer Brook Asset Management, LLC was established in 2010 and is headquartered in New York City. The firm is registered with the Securities and Exchange Commission (SEC) as a registered investment advisor.
| Category | Value |
|---|---|
| Year Founded | 2010 |
| Headquarters | New York City |
| Registration | SEC |
Assets Under Management, Number of Advisors and Time in Business:
As of 2020, Spencer Brook Asset Management, LLC reports managing approximately $500 million in assets under management (AUM). The firm has a total of 8 advisors, including both investment advisors and financial planners. With a decade of experience in the industry, Spencer Brook Asset Management, LLC has established itself as a reliable and reputable financial advisory firm.
| Year | Assets Under Management (in millions) | Number of Advisors | Time in Business (years) |
|---|---|---|---|
| 2020 | $500 | 8 | 10 |
Financial Services Offered:
Spencer Brook Asset Management, LLC offers a wide range of financial services to individuals, families, and small businesses. These services include:
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Risk management and insurance
- Debt management
Client Types
Spencer Brook Asset Management, LLC serves a diverse group of clients, including:
- High net worth individuals
- Retirees
- Professionals
- Business owners
- Young professionals
- Families
- Small businesses
Fees & Compensation
Spencer Brook Asset Management, LLC follows a fee-only compensation structure, which means that the firm charges fees only for its services and does not earn commissions from selling financial products. This ensures that the firm’s advisors act in the best interest of their clients and do not have any conflicts of interest.
The fees charged by the firm are based on a percentage of the client’s assets under management. The exact fee structure may vary depending on the client’s needs and the complexity of their financial situation.
Background
The founder of Spencer Brook Asset Management, LLC, John Spencer, has over 20 years of experience in the financial industry. He is a Certified Financial Planner (CFP) and holds a Master’s degree in Business Administration (MBA) from a reputable business school.
Financial Advisor Disclosures to Know
As a registered investment advisor, Spencer Brook Asset Management, LLC is required to disclose any potential conflicts of interest, legal issues, or disciplinary actions to its clients. The firm has a clean regulatory record and has not had any disciplinary actions taken against it.