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Afw Asset Management Inc (Purchase)


Afw Asset Management Inc is a large advisory firm based in Purchase. It manages $156.3 million of regulatory assets for 671 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 4 other states.

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Afw Asset Management 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 prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Afw Asset Management: assets under management

The assets under management (AUM) of Afw Asset Management Inc is $156.3 million. The firm's AUM has grown by 139% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $155.62 million in discretionary accounts and $680 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $235.79 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $61.82 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Afw Asset Management 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.

Based in Purchase

The principal office where Afw Asset Management Inc performs its advisory services is located at 3020 Westchester Ave, Purchase, NY 10577, which is also the mailing address of the firm. An additional office of the firm is in Framingham, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-696-5300 or by fax 914-696-5308. The normal business hours are 8:00 am -- 6:00 pm on Monday - Friday. You can find more information about the New York firm at www.afw.com.


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