Southwind Associates Of Nj Inc. is a large advisory firm based in Ny. It manages $233.5 million of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, New Jersey, New York, and Texas.
Southwind Associates Of Nj provides portfolio management for individuals and small businesses 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.
The assets under management (AUM) of Southwind Associates Of Nj Inc. is $233.5 million. The firm's AUM has gone down by -15% 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 Southwind Associates Of Nj Inc. for their services and products based on a percentage of assets under management and commissions. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of William Scott Villafranco is charitable organizations with 2 clients and $130 million of assets under management. Among the 10 most similar advisory firms, Southwind Associates Of Nj has the highest percentage of charitable organizations out of all clients.
The amount of regulatory assets under management is $233.5 million for 28 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.
Southwind Associates Of Nj also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 5 people that are either part- or full-time employees. 20 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.
William Scott Villafranco has been acting as President since 1 Oct 1996. Joshua A. Prager joined the executive team most recently as the Chief Compliance Officer.
The principal office where Southwind Associates Of Nj Inc. performs its advisory services is located at 530 5 Th Ave, Ny, NY 10036, 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 212 546 6211 or by fax 917 591 6549. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at villafrancowealth.net.