Insight Advisors, LLC (Newtown)

Name: Insight Advisors, LLC
Address: 10 N. State Street, Newtown, PA, 18940
Telephone: 215-550-6011

Insight Advisors, LLC is a large advisory firm based in Newtown. It manages $348.69 million of regulatory assets for 1,656 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.

Insight Advisors provides financial planning services, portfolio management for individuals and small businesses, 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.

Insight Advisors: assets under management

The assets under management (AUM) of Insight Advisors, LLC is $348.69 million. The firm's AUM has grown by 71% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $219.75 million in discretionary accounts and $128.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $351.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $125.06 thousand.

Insight Advisors has custody of $230.13 million in cash and securities for 1,124 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Insight Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Insight Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Insight Advisors is high net worth individuals with 87 clients and $179.58 million of assets under management. Among the 9 most similar advisory firms, Insight Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $347.91 million for 1,653 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.

Insight Advisors doesn't advise any private funds.

Careers at Insight Advisors, LLC

The company employs 18 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 15 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Anthony Tito	Manager	1 Dec 1999	75% - 100%	4356353
Suzanne Tito	Passive investor	1 Nov 2001	Other	447346
Michael Anthony Tito	Chief compliance officer	1 Dec 2008	75% - 100%	4053855
Thomas Joseph Mcinerney	Managing member	1 Aug 2013	75% - 100%	711975
Carla L. Simon	Managing member & chief compliance officer	1 Aug 2013	Other	4004997

Based in Newtown

The principal office where Insight Advisors, LLC performs its advisory services is located at 10 N. State Street, Newtown, PA 18940, which is also the mailing address of the firm. An additional office of the firm is in Winchester, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-550-6011 or by fax 215-550-6016. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at insightadvisorsllc.com and its LinkedIn profile.