Mccollum Christoferson Group, LLC (Amherst)

Name: Mccollum Christoferson Group, LLC
Address: 500 Corporate Parkway, Amherst, NY, 14226
Telephone: (716) 854-5400

Mccollum Christoferson Group, LLC is a large advisory firm based in Amherst. It manages $291.68 million of regulatory assets for 742 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Florida, Georgia, and 5 other states.

Mccollum Christoferson Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mccollum Christoferson Group: assets under management

The assets under management (AUM) of Mccollum Christoferson Group, LLC is $291.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $291.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.1 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 79% of the total AUM. The second-largest asset type is investment and business development companies, which make up 12% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mccollum Christoferson Group, LLC 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 Mccollum Christoferson Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mccollum Christoferson Group is high net worth individuals with 84 clients and $173.19 million of assets under management. Among the 11 most similar advisory firms, Mccollum Christoferson Group has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $291.68 million for 463 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.

Mccollum Christoferson Group doesn't advise any private funds.

Careers at Mccollum Christoferson Group, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Katherine Ann Christoferson	Chief compliance officer and managing member	1 Oct 2015	75% - 100%	1133584

Based in Amherst

The principal office where Mccollum Christoferson Group, LLC performs its advisory services is located at 500 Corporate Parkway, Amherst, NY 14226, 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 (716) 854-5400 or by fax (716) 247-5298. The normal business hours are 8:30 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at mccollum-christoferson.com/.