North Shore Asset Management, LLC is a mid-sized advisory firm based in Cold Spring Harbor. It manages $43.21 million of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, New Jersey, New York, and Texas.
North Shore Asset Management provides portfolio management for individuals and small businesses 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 North Shore Asset Management, LLC is $43.21 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 31% 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 North Shore Asset Management, LLC 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 North Shore Asset Management is high net worth individuals with 17 clients and $31.74 million of assets under management. Among the 2 most similar advisory firms, North Shore Asset Management has the lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $43.06 million for 44 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.
North Shore Asset Management doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 North Shore Asset Management, LLC performs its advisory services is located at 26 Goose Hill Road, Cold Spring Harbor, NY 11724, 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 631-223-7434 or by fax 888-315-5238. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at nsam.com.