Financial Asset Management Corp

RIASEC RegisteredEst. 1986

Total AUM

$436M

Discretionary

$388M

89% of AUM

Avg account

$516K

Accounts

846

Employees

Advisory reps

Firm details

Headquarters: Chappaqua, New York
CRD number: 106643
Registered since: August 22, 1986
Website: www.famcorporation.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI87.61%
Individuals11.74%
Pension & Profit Sharing Plans0.65%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Financial Asset Management Corp is an independent, individual-owned registered investment adviser that has been operating since 1986. The firm serves primarily individuals and families and offers a mix of financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selection of other advisers. It identifies as a capital allocator and charges clients through a combination of percentage-of-assets, hourly, and fixed-fee arrangements. The firm does not position itself as an active ESG investor and is not identified as a multi-state adviser.