Neighborly Investments LLC (New Yok)

Neighborly Investments LLC is a mid-sized advisory firm based in New Yok. It manages $73.97 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2017.

Neighborly Investments provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Neighborly Investments: assets under management

The assets under management (AUM) of Neighborly Investments LLC is $73.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 118% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $73.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.33 million each.

Investments

The firm invests in state and local bonds the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Neighborly Investments LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Christine Hegenbart Lee Todd serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Christine Hegenbart Lee Todd is individuals with 4 clients and $48 million of assets under management. Among the 5 most similar advisory firms, Neighborly Investments has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $73.97 million for 6 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.

Neighborly Investments doesn't advise any private funds.

Careers at Neighborly Investments LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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.

Christine Hegenbart Lee Todd has been acting as President since 1 Jan 2018. Michael Andrew Faloon has served as the Chief Investment Officer since 1 Sep 2017. Diostenes Rubelin Medina joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Neighborly Corporation	Managing member	1 Aug 2017	75% - 100%	30-1002044
Andrew Scott Klick	Chief compliance officer	1 Sep 2017	Other	2186884
Michael Andrew Faloon	Chief investment officer	1 Sep 2017	Other	3221621
Christine Hegenbart Lee Todd	President/portfolio manager	1 Jan 2018	Other	1884665
Diostenes Rubelin Medina	Chief compliance officer	1 Feb 2018	Other	4371731

Based in New Yok

The principal office where Neighborly Investments LLC performs its advisory services is located at 135 West 41 St Street, New Yok, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-661-5846. The normal business hours are 9am - 5pm on Monday - Friday.