Mark Sheptoff Financial Planning LLC (Glastonbury)

Name: Mark Sheptoff Financial Planning LLC
Address: 703 Hebron Ave 3 Rd Floor, Glastonbury, CT, 06033
Telephone: 860-734-1090

Mark Sheptoff Financial Planning LLC is a large advisory firm based in Glastonbury. It manages $315.55 million of regulatory assets for 841 client accounts. It has been registered with the SEC as an adviser since 2006.

Mark Sheptoff Financial Planning provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mark Sheptoff Financial Planning: assets under management

The assets under management (AUM) of Mark Sheptoff Financial Planning LLC is $315.55 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 289% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $315.55 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $375.21 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mark Sheptoff Financial Planning LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mark Sheptoff Financial Planning serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mark Sheptoff Financial Planning is high net worth individuals with 72 clients and $215.95 million of assets under management. Among the 10 most similar advisory firms, Mark Sheptoff Financial Planning has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $314.93 million for 244 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.

Mark Sheptoff Financial Planning doesn't advise any private funds.

Careers at Mark Sheptoff Financial Planning LLC

The company employs 3 people that are either part- or full-time employees. 33 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
Mark A Sheptoff	Managing member, chief compliance officer	1 Aug 1997	75% - 100%	4634537
Jean Catherine Sheptoff	Limited partner	1 Jan 2016	Other	4807187

Based in Glastonbury

The principal office where Mark Sheptoff Financial Planning LLC performs its advisory services is located at 703 Hebron Ave 3 Rd Floor, Glastonbury, CT 06033, 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 860-734-1090 or by fax 860-734-1095. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at marksheptoff.com.