Acertus Capital Management, LLC (Morristown)

Name: Acertus Capital Management, LLC
Address: 163 Madison Avenue, Morristown, NJ, 07960
Telephone: (973) 206-7100

Acertus Capital Management, LLC is a large advisory firm based in Morristown. It manages $473.46 million of regulatory assets for 171 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.

Acertus Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Acertus Capital Management: assets under management

The assets under management (AUM) of Acertus Capital Management, LLC is $473.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $473.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.77 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Acertus Capital Management, 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.

Careers at Acertus Capital Management, LLC

Glenn Alan Myers has been acting as President since 1 Mar 2011. Valerie O Murray joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mitchell Dennis Eichen	Strategic advisor	1 Mar 2011	75% - 100%	1746300
Glenn Alan Myers	President	1 Mar 2011	Other	2571279
Emil Robert Coscarelli	Chief compliance officer	1 Mar 2011	Other	5564163
James Domenick Nesci	President	1 Apr 2015	Other	2439890
Leonard George Gleason	General counsel	1 Apr 2015	Other	5971925
Michael Joseph Giannotto	Chief compliance officer	1 Apr 2015	Other	2011397
Inc. Beacon Investment Advisory Services	Owner	1 Apr 2015	75% - 100%	226547
Kenneth Paul Lenskold	Chief compliance officer	1 Dec 2015	Other	1423089
Valerie O Murray	President	1 Feb 2017	Other	5530002

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Provident Financial Services	Owner	1 Jan 2003	75% - 100%	42-1547151
The Provident Bank	Owner	1 Aug 2011	75% - 100%	22-1211130
Beacon Trust Company	Owner	1 Apr 2015	75% - 100%	22-2853328

Based in Morristown

The principal office where Acertus Capital Management, LLC performs its advisory services is located at 163 Madison Avenue, Morristown, NJ 07960, 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 (973) 206-7100. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at acertuscap.com.