Cim, LLC is a large advisory firm based in Albany. It manages $338 million of regulatory assets for 676 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.
Cim provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cim, LLC is $338 million. The firm's AUM has grown by 57% since the beginning of its operation, and $537 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Cim, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. 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, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Cim is high net worth individuals with 114 clients and $211 million of assets under management. Among the 8 most similar advisory firms, Cim has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $338 million for 405 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Cim doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 77 percent of the employees work as investment advisers or researchers. 3 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Kevin Thomas Curran has served as the Chief Investment Officer since 1 Aug 2013. Janice Marie Galazzo joined the executive team most recently as the Chief Information Officer.
The principal office where Cim, LLC performs its advisory services is located at 30 S. Pearl Street, 9 Th Floor, Albany, NY 12207, which is also the mailing address of the firm. An additional office of the firm is in Cape May, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 518-391-4200 or by fax 518-391-4242. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at curranllc.com.