Buckman Advisory Group LLC (Little Silver)

Name: Buckman Advisory Group LLC
Address: 44 Church Street, Little Silver, NJ, 07739
Telephone: (732) 530-0303

Buckman Advisory Group LLC is a large advisory firm based in Little Silver. It manages $154.62 million of regulatory assets for 933 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.

Buckman Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Buckman Advisory Group: assets under management

The assets under management (AUM) of Buckman Advisory Group LLC is $154.62 million. The firm's AUM has grown by 181% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $154.37 million in discretionary accounts and $256.4 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $166.16 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $64.1 thousand.

Buckman Advisory Group has custody of $671.31 thousand in cash and securities for 1 client in total and acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is investment and business development companies, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Buckman Advisory Group LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Buckman Advisory Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Buckman Advisory Group is individuals with 841 clients and $104.88 million of assets under management. Among the 9 most similar advisory firms, Buckman Advisory Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $154.62 million for 933 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.

Buckman Advisory Group doesn't advise any private funds.

Careers at Buckman Advisory Group LLC

The company employs 21 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 21 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.

Buckman Advisory Group LLC is owned by Thomas Paul Buckman. H John Buckman joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Harry John Buckman	Managing member/chief compliance officer	1 May 2004	25% - 50%	2202467
Thomas Paul Buckman	Owner	1 Jan 2014	25% - 50%	2577168
H John Buckman	Owner	1 Jan 2014	25% - 50%	1090909

Based in Little Silver

The principal office where Buckman Advisory Group LLC performs its advisory services is located at 44 Church Street, Little Silver, NJ 07739, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (732) 530-0303 or by fax (732) 530-2937. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at buckmanbuckman.com.