Schnall Advisory Services, Inc is a mid-sized advisory firm based in New York. It manages $106.29 million of regulatory assets for 195 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New Jersey and New York.
Schnall Advisory Services provides financial planning services, portfolio management for individuals and small businesses, and tax planning. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Schnall Advisory Services, Inc is $106.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 64% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Schnall Advisory Services, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Darin Zachary Schnall is high net worth individuals with 29 clients and $105.69 million of assets under management. Among the 11 most similar advisory firms, Schnall Advisory Services has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $106.29 million for 43 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.
Schnall Advisory Services doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 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.
Darin Zachary Schnall has been acting as President since 1 May 1996. Kathryn Payne Beller joined the executive team most recently as the Chief Compliance Officer.
The principal office where Schnall Advisory Services, Inc performs its advisory services is located at 350 Fifth Avenue, Suite 5917, New York, NY 10118, 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 212-967-6155 or by fax 815-301-3979. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at schnalladvisoryservices.com.