Paramount Planning Inc (Amherst)

Name: Paramount Planning Inc
Address: 1325 Millersport Hwy Ste 208, Amherst, NY, 14221
Telephone: 716-634-6113

Paramount Planning Inc is a large advisory firm based in Amherst. It manages $77.13 million of regulatory assets for 204 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Paramount Planning provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Paramount Planning: assets under management

The assets under management (AUM) of Paramount Planning Inc is $77.13 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $73.18 million in discretionary accounts and $3.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $367.76 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $788.93 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paramount Planning Inc for their services and products based on a percentage of assets under management, hourly charges, and subscription fees. 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.

Careers at Paramount Planning Inc

Alan Herbert Vogt has been acting as President since 1 Jan 1980. Richard Karl Schroeder joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alan Herbert Vogt	President	1 Jan 1980	75% - 100%	707424
Rosanne Marie Braxton	Vice president	1 Apr 1992	Other	4373612
Richard Karl Schroeder	Executive vice president	1 Jan 2001	Other	4373693

Based in Amherst

The principal office where Paramount Planning Inc performs its advisory services is located at 1325 Millersport Hwy Ste 208, Amherst, NY 14221, 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 716-634-6113 or by fax 716-634-6122. The normal business hours are 8:30a.m.- 5p.m. on Monday - Friday. You can find more information about the New York firm at invest@sbvfinancial.com.