The Stanich Group LLC (Montauk)

Name: The Stanich Group LLC
Address: 16 Gloucester Ave, Montauk, NY, 11954
Telephone: (646) 693-7451

The Stanich Group LLC is a mid-sized advisory firm based in Montauk. It manages $33.28 million of regulatory assets for 344 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, New Jersey, New York, Pennsylvania, and Texas.

The Stanich Group provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Stanich Group: assets under management

The assets under management (AUM) of The Stanich Group LLC is $33.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.75 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is government bonds, which make up 9% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Stanich Group LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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.

What kind of clients The Stanich Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of The Stanich Group is individuals with 58 clients and $21.46 million of assets under management. Among the 0 most similar advisory firms, The Stanich Group has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $33.28 million for 85 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.

The Stanich Group doesn't advise any private funds.

Careers at The Stanich Group LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Sara Beth Stanich	Managing member & chief compliance officer	1 Dec 2015	75% - 100%	5397545

Based in Montauk

The principal office where The Stanich Group LLC performs its advisory services is located at 16 Gloucester Ave, Montauk, NY 11954 The mailing address of the firm is P.O. Box 5014, Montauk, NY 11954. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (646) 693-7451 or by fax (631) 343-4805. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at cultivatingwealth.com.