Ajf Financial Services, Inc. is a mid-sized advisory firm based in New York. It manages $80.14 million of regulatory assets for 446 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Louisiana, New Jersey, and New York.
Ajf Financial Services provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ajf Financial Services, Inc. is $80.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 80% 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 Ajf Financial Services, Inc. for their services and products based on a percentage of assets under management, 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, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Ajf Financial Services is individuals with 275 clients and $59.84 million of assets under management. Among the 0 most similar advisory firms, Ajf Financial Services has the 0th lowest percentage of individuals out of all clients.
The amount of regulatory assets under management is $80.14 million for 371 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.
Ajf Financial Services doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 80 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.
Ajf Financial Services, Inc. is owned by Loretta No Middle Name Ross Friedman. Christopher Xavier Chiou has served as the Chief Investment Officer since 1 Sep 2015. Michael J Ryan joined the executive team most recently as the Cco.
The principal office where Ajf Financial Services, Inc. performs its advisory services is located at 708 Third Avenue, New York, NY 10017, 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 212-779-0789 or by fax 212-779-0851. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at ajffinancial.com.