Stacey Braun Associates Inc (New York)

Name: Stacey Braun Associates Inc
Address: 377 Broadway, New York, NY, 10013 3934
Telephone: 212-226-7707

Stacey Braun Associates Inc is a large advisory firm based in New York. It manages $2.88 billion of regulatory assets for 898 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, Maryland, and 4 other states.

Stacey Braun Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and educational seminars and workshops. It prepares financial plans for approximately 2,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Stacey Braun Associates: assets under management

The assets under management (AUM) of Stacey Braun Associates Inc is $2.88 billion. The firm's AUM has gone down by -22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.83 billion in discretionary accounts and $49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.21 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.72 million.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is government bonds, which make up 43% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stacey Braun Associates Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Martin Howard Wexler serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Martin Howard Wexler is pension and profit sharing plans with 63 clients and $1.52 billion of assets under management. Among the 8 most similar advisory firms, Stacey Braun Associates has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $2.08 billion for 822 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.

Stacey Braun Associates doesn't advise any private funds.

Careers at Stacey Braun Associates Inc

The company employs 16 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Martin Howard Wexler has been acting as President since 1 Apr 1977. Paul William Wexler joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martin Howard Wexler	President/director	1 Apr 1977	75% - 100%	464265
Peter Bruce Willis	Executive vice president	1 Jul 1992	Other	2334695
Rita Gurevich	Vice president/chief compliance officer	1 Sep 1995	Other	2338321
Thomas Calimano	Vice president	1 Dec 1995	Other	2768112
Douglas Harry Wexler	Vice president	1 Aug 1998	Other	4343614
Renee San Marco	Vice president	1 Jan 2005	Other	4933865
Paul William Wexler	Assistant vice president	1 Jan 2005	Other	4933873
Paul William Wexler	Vice president	1 Dec 2006	Other	4933873
John Joseph Fuchs	Executive vice president	1 Dec 2006	Other	5275943

Based in New York

The principal office where Stacey Braun Associates Inc performs its advisory services is located at 377 Broadway, New York, NY 10013 3934, 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 212-226-7707 or by fax 212-941-0759. The normal business hours are 9:00 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at staceybraun.com.