Consulting Group Advisory Services LLC is a large advisory firm based in Purchase. It manages $5.57 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2009.
Consulting Group Advisory Services provides portfolio management for investment companies, selection of other advisers, and asset allocation advice. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Consulting Group Advisory Services LLC is $5.57 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Consulting Group Advisory Services LLC for their services and products based on a percentage of assets under management. 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 only and largest group of clients of Jeffrey Allen Gelfand is investment companies with 11 clients and $5.57 billion of assets under management. Among the 4 most similar advisory firms, Consulting Group Advisory Services has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $5.57 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.
Consulting Group Advisory Services doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Jeffrey Allen Gelfand has been acting as President since 1 Sep 2009. Christopher R Gargano joined the executive team most recently as the Chief Compliance Officer.
The principal office where Consulting Group Advisory Services LLC performs its advisory services is located at 2000 Westchester Avenue, Purchase, NY 10577 6477, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 914-225-1000 or by fax 914-610-7445. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday.