American Financial & Tax Strategies, Inc. (New York)

Name: American Financial & Tax Strategies, Inc.
Address: 1650 Broadway, New York, NY, 10019
Telephone: 212-315-0345

American Financial & Tax Strategies, Inc. is a large advisory firm based in New York. It manages $150.79 million of regulatory assets for 511 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New Jersey and New York.

American Financial & Tax Strategies provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

American Financial & Tax Strategies: assets under management

The assets under management (AUM) of American Financial & Tax Strategies, Inc. is $150.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 184% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $150.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $295.09 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 83% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay American Financial & Tax Strategies, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert James Braglia serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Robert James Braglia is high net worth individuals with 43 clients and $105.12 million of assets under management. Among the 11 most similar advisory firms, American Financial & Tax Strategies has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $150.67 million for 153 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.

American Financial & Tax Strategies doesn't advise any private funds.

Careers at American Financial & Tax Strategies, Inc.

The company employs 4 people that are either part- or full-time employees. 25 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
Robert James Braglia	President/chief compliance officer	1 Oct 1992	75% - 100%	860232

Based in New York

The principal office where American Financial & Tax Strategies, Inc. performs its advisory services is located at 1650 Broadway, New York, NY 10019, 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 212-315-0345 or by fax 212-315-0405. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at theintelligentdecision.com.