Trustmont Advisory Group, Inc. (Greensburg)

Name: Trustmont Advisory Group, Inc.
Address: Scenic Drive Professional Center, Greensburg, PA, 15601
Telephone: 724-468-5665

Trustmont Advisory Group, Inc. is a large advisory firm based in Greensburg. It manages $438.96 million of regulatory assets for 3,528 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Colorado, and 22 other states.

Trustmont Advisory Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Trustmont Advisory Group: assets under management

The assets under management (AUM) of Trustmont Advisory Group, Inc. is $438.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $438.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $124.42 thousand each.

Investments

The firm invests in non-exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trustmont Advisory Group, Inc. 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 Peter Daniel Dochinez serves?

The only and largest group of clients of Peter Daniel Dochinez is individuals with 2,567 clients and $438.96 million of assets under management. Among the 12 most similar advisory firms, Trustmont Advisory Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $438.96 million for 2,567 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.

Trustmont Advisory Group doesn't advise any private funds.

Careers at Trustmont Advisory Group, Inc.

The company employs 55 people that are either part- or full-time employees. 100 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.

Trustmont Advisory Group, Inc. is owned by James Edward Harris. Peter Daniel Dochinez has been acting as President since 1 Dec 1997. Mary Lynne Hixenbaugh joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Daniel Dochinez	President	1 Dec 1997	75% - 100%	1062112
James Edward Harris	Owner/registered representative	1 Jan 2001	Other	2583821
Mary Louise Petrucci	Owner/registered representative	1 Jan 2001	Other	2980671
Laura Jean Abbott Decarolis	Owner/registered representative	1 Jan 2001	Other	1523919
George Phillip Hebert	Owner/registered representative	1 Jan 2001	Other	2309032
Max Richard House	Owner/registered representative	1 Jan 2001	Other	1268232
Clifford Thomas Orr	Chief compliance officer	1 Jan 2006	Other	1320591
Anthony Charles Hladek	Chief operations officer	1 Apr 2007	Other	2700432
Aimee Anne Toth	Chief compliance officer	1 Mar 2014	Other	5079628
Mary Lynne Hixenbaugh	Chief compliance officer	1 Oct 2018	Other	5623080

Based in Greensburg

The principal office where Trustmont Advisory Group, Inc. performs its advisory services is located at Scenic Drive Professional Center, Greensburg, PA 15601, which is also the mailing address of the firm. An additional office of the firm is in Bloomsburg, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 724-468-5665 or by fax 724-468-5675. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at trustmontgroup.com.