Powers & Dubin Asset Allocation And Management Co. (Jersey City)

Name: Powers & Dubin Asset Allocation And Management Co.
Address: 30 Montgomery Street, Jersey City, NJ, 07302
Telephone: 201-434-8181

Powers & Dubin Asset Allocation And Management Co. is a large advisory firm based in Jersey City. It manages $49.41 million of regulatory assets for 99 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New Jersey.

Powers & Dubin Asset Allocation And Management provides pension consulting services and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Powers & Dubin Asset Allocation And Management: assets under management

The assets under management (AUM) of Powers & Dubin Asset Allocation And Management Co. is $49.41 million. The firm's AUM has gone down by -35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $37.77 million in discretionary accounts and $11.64 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $547.41 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $387.89 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Powers & Dubin Asset Allocation And Management Co. for their services and products based on a percentage of assets under management and performance-based 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 Powers & Dubin Asset Allocation And Management Co.

Mark J Powers has been acting as President since 1 Nov 1980. Robert C. Push joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark J Powers	President	1 Nov 1980	50% - 75%	857091
Michael Dubin	Executive vice president	1 Mar 1991	25% - 50%	5039994
James Michael Powers	Principal	1 Mar 2003	Other	5039988
Bruce Ian Larrimer	Chief compliance officer - outside consultant	1 Oct 2005	Other	5053724
Robert C. Push	President	1 May 2007	25% - 50%	2694555
Daniel Abram Karp	Vp - director of research	1 May 2007	Other	1730355

Based in Jersey City

The principal office where Powers & Dubin Asset Allocation And Management Co. performs its advisory services is located at 30 Montgomery Street, Jersey City, NJ 07302, 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 201-434-8181 or by fax 201-434-7356. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.powersdubin.com.