C. G. Hughes Company, LLC (Bay Shore)

C. G. Hughes Company, LLC is a mid-sized advisory firm based in Bay Shore. It manages $55.67 million of regulatory assets for 76 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, Louisiana, New York, and Virginia.

C. G. Hughes Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

C. G. Hughes Company: assets under management

The assets under management (AUM) of C. G. Hughes Company, LLC is $55.67 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 78% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in exchange traded securities form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay C. G. Hughes Company, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients C. G. Hughes Company serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of C. G. Hughes Company is individuals with 63 clients and $38.1 million of assets under management. Among the 3 most similar advisory firms, C. G. Hughes Company has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $54.77 million for 73 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.

C. G. Hughes Company doesn't advise any private funds.

Careers at C. G. Hughes Company, LLC

The company employs 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Gerard Hughes	Member	1 Oct 1998	50% - 75%	252477
Catherine Atkins Hughes	Chief compliance officer	1 Oct 2004	50% - 75%	1109430

Based in Bay Shore

The principal office where C. G. Hughes Company, LLC performs its advisory services is located at 21 Maple Ave, Bay Shore, NY 11706 8723, 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 631-665-7881 or by fax 631-665-7894. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday.