Raab & Moskowitz Asset Management LLC (Chatham)

Name: Raab & Moskowitz Asset Management LLC
Address: 10 Townsquare, Chatham, NJ, 07928
Telephone: 973-635-4275

Raab & Moskowitz Asset Management LLC is a large advisory firm based in Chatham. It manages $333.11 million of regulatory assets for 764 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Delaware, and 8 other states.

Raab & Moskowitz Asset Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Raab & Moskowitz Asset Management: assets under management

The assets under management (AUM) of Raab & Moskowitz Asset Management LLC is $333.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 565% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $333.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $436.01 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 31% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Raab & Moskowitz Asset Management LLC for their services and products based on a percentage of assets under management. 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 Raab & Moskowitz Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Raab & Moskowitz Asset Management is high net worth individuals with 124 clients and $235.42 million of assets under management. Among the 12 most similar advisory firms, Raab & Moskowitz Asset Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $333.11 million for 352 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.

Raab & Moskowitz Asset Management doesn't advise any private funds.

Careers at Raab & Moskowitz Asset Management LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Henry Raab	Manager	1 Aug 2000	75% - 100%	4379279
Daniel Herman Moskowitz	Member/chief compliance officer	1 Aug 2000	Other	1871697
Daniel Herman Moskowitz	Manager/chief compliance officer	1 Jan 2011	75% - 100%	1871697
Donna D. Raab Revocable Trust	Member	1 Oct 2016	25% - 50%	13-7344748

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Donna Theresa Raab	Trustee	1 Oct 2016	Other	6803947

Based in Chatham

The principal office where Raab & Moskowitz Asset Management LLC performs its advisory services is located at 10 Townsquare, Chatham, NJ 07928 The mailing address of the firm is Po Box 867, Chatham, NJ 07928. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-635-4275 or by fax 973-635-5591. The normal business hours are 9:00 am. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at chathamwealth.com.