Albany Financial Planners Inc is a large advisory firm based in Albany. It manages $274.71 million of regulatory assets for 600 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Massachusetts, New Hampshire, New York, and Virginia.
Albany Financial Planners provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Albany Financial Planners Inc is $274.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 303% 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 Albany Financial Planners 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.
Michael J Hickey has been acting as President since 1 Nov 1984. Donald Wesley Carman joined the executive team most recently as the Chief Compliance Officer.
The principal office where Albany Financial Planners Inc performs its advisory services is located at 3 Atrium Drive, Albany, NY 12205, 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 518-482-5777 or by fax 518-453-6085. The normal business hours are 8:30 a.m. - 4:30 p.m. on Monday - Friday.