The Mustico Financial Group, Inc. is a large advisory firm based in Elmira. It manages $127.9 million of regulatory assets for 350 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, New York, and Pennsylvania.
The Mustico Financial Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio monitoring and consulting. 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 The Mustico Financial Group, Inc. is $127.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 235% 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 The Mustico Financial Group, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. 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 The Mustico Financial Group is high net worth individuals with 40 clients and $64 million of assets under management. Among the 10 most similar advisory firms, The Mustico Financial Group has the 4th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $127 million for 340 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.
The Mustico Financial Group doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 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 are 4 people 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 receive compensation from other entities for client referrals.
The principal office where The Mustico Financial Group, Inc. performs its advisory services is located at 221 West Church St., Elmira, NY 14901, 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 607-733-7935 or by fax 607-271-9736. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at musticofinancial.com.