Cfm Advisors Inc (Melville)


Cfm Advisors Inc is a large advisory firm based in Melville. It manages $94.5 million of regulatory assets for 276 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Maryland, New York, and Pennsylvania.

Cfm Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cfm Advisors: assets under management

The assets under management (AUM) of Cfm Advisors Inc is $94.5 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cfm Advisors Inc for their services and products based on a percentage of assets under management and hourly charges. 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.

What kind of clients Victor Matera serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Victor Matera is high net worth individuals with 25 clients and $42.5 million of assets under management. Among the 7 most similar advisory firms, Cfm Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $94.5 million for 276 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.

Cfm Advisors doesn't advise any private funds.

Careers at Cfm Advisors Inc

The company employs 3 people that are either part- or full-time employees. 67 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 8 people 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.

Victor Matera has been acting as President since 1 Jun 2004. Robert John Disimile has served as the Chief Investment Officer since 1 Sep 2006. Apollo Lunar Module Limited Partnership joined the executive team most recently as the Principal Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Anthony Michael Barclay Financial consultant 1 Nov 1994 Other 1465922
Louis Anthony Russo Chairman 1 Nov 1994 75% - 100% 407796
James Francis Tobin Director of investment services 1 Feb 1999 Other 2751155
Jason Richard Schwartz Director of investment services 1 Aug 2003 Other 1291762
Victor Matera President 1 Jun 2004 75% - 100% 4825625
John Romano Chief compliance officer/director of operations/director of investments 1 May 2006 Other 1328361
John Stephen Hunt Director of investments 1 Sep 2006 Other 1677295
Robert John Disimile Chief investment officer 1 Sep 2006 Other 1959033
Apollo Lunar Module Limited Partnership Principal shareholder 1 Apr 2019 75% - 100% 83-3056185

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Michael Scott Russo Limited partner 1 Apr 2019 75% - 100% 4559474
Louis Anthony Russo General partner 1 Apr 2019 Other 407796

Based in Melville

The principal office where Cfm Advisors Inc performs its advisory services is located at 1800 Walt Whitman Road, Melville, NY 11747, 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 631.249.0500 or by fax 631.249.5653. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at ccg1800.com.