A.G. Morgan Financial Advisors, LLC is a large advisory firm based in Massapequa. It manages $151 million of regulatory assets for 1,125 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Connecticut, Florida, New Jersey, and New York.
A.G. Morgan Financial Advisors 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 499 clients. On top of advisory services, the firm also engages as sales of private placements.
The assets under management (AUM) of A.G. Morgan Financial Advisors, LLC is $151 million. The firm's AUM has gone down by -6% 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 A.G. Morgan Financial Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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 and high net worth individuals. The largest group of clients of A.G. Morgan Financial Advisors is individuals with 1,075 clients and $137 million of assets under management. Among the 10 most similar advisory firms, A.G. Morgan Financial Advisors has the 3rd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $151 million for 1,195 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.
A.G. Morgan Financial Advisors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where A.G. Morgan Financial Advisors, LLC performs its advisory services is located at 5260 Merrick Road, Massapequa, NY 11758, which is also the mailing address of the firm. An additional office of the firm is in Southington, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 516-798-1100 or by fax 516-798-1134. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at agmorgan.net.