Collins Advisors, LLC is a mid-sized advisory firm based in Buffalo. It manages $88.99 million of regulatory assets for 158 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.
Collins Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Collins Advisors, LLC is $88.99 million. The firm's AUM has grown by 178% since the beginning of its operation, and $50 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Collins Advisors, 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 firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Collins Advisors is high net worth individuals with 71 clients and $67.54 million of assets under management. Among the 3 most similar advisory firms, Collins Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $88.99 million for 158 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Collins Advisors doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 80 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.
The principal office where Collins Advisors, LLC performs its advisory services is located at 610 Main Street, Buffalo, NY 14202, 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 716-833-6338 or by fax 716-835-3739. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at collinsadvisorsllc.com.