Healthcare Community Securities Corporation (Rensselaer)


Healthcare Community Securities Corporation is a large advisory firm based in Rensselaer. It manages $2.38 billion of regulatory assets for 48 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of New Jersey, New York, and Pennsylvania.

Healthcare Community Securities Corporation provides pension consulting services, publication of newsletters, and provides investment supervisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Healthcare Community Securities Corporation: assets under management

The assets under management (AUM) of Healthcare Community Securities Corporation is $2.38 billion. The firm's AUM has grown by 2897% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Healthcare Community Securities Corporation for their services and products based on a percentage of assets under management, 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 J Ronald Gaudreault serves?

The only and largest group of clients of J Ronald Gaudreault is pension and profit sharing plans with 48 clients and $2.38 billion of assets under management. Among the 8 most similar advisory firms, Healthcare Community Securities Corporation has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $2.38 billion for 48 clients. None of the firm’s clients are foreign persons or businesses.

Healthcare Community Securities Corporation doesn't advise any private funds.

Careers at Healthcare Community Securities Corporation

The company employs 19 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 3 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.

J Ronald Gaudreault has been acting as President since 1 Apr 1999. Susan Ann Green Lorenzen joined the executive team most recently as the Board Of Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Group Insurance Agency Parent corporation 1 Jul 1993 75% - 100% 14-1649861
Daniel Sisto Presdient 1 Mar 1994 Other 425521
William F Streck Executive officer/board member 1 Jan 1998 Other 2457563
J Ronald Gaudreault Executive officer/chairman 1 Apr 1999 Other 2721389
Todd Michael Baughn Manager, marketing and compliance 1 Jan 2000 Other 1988532
Daniel James Delpozzo Cfo 1 Jun 2000 Other 5821447
Richard Ketcham Executive officer/board member 1 Nov 2001 Other 4813360
Steven Goldstein Executive officer/board member 1 Dec 2001 Other 5254753
Phd Peter V Mc Ginn Executive officer/board member 1 Jan 2003 Other 4688083
Donna G Case Executive officer / board member 1 Oct 2003 Other 4166989
John William Jezsu Managing director/chief compliance officer 1 Dec 2004 Other 1278390
Stanley Brezenoff Executive officer/board member 1 Dec 2004 Other 5216647
Michael J Dowling Executive officer/board member 1 Jan 2005 Other 5255163
Stephen L Albertalli Executive officer / board member 1 Jan 2006 Other 5185919
David G. Kruczlnicki Executive officer/board member 1 Jan 2006 Other 4840887
Joseph A Quagliata Executive officer/board member 1 Jan 2006 Other 5188121
Charles F Fahd Ii Executive officer/ board member 1 Jan 2006 Other 5195074
Joseph P Corcoran Executive officer/board member 1 Jun 2006 Other 5195052
Michael J Dowling Executive officer/board member/chairman 1 Jan 2007 Other 5255163
Joseph A Quagliata Executive officer/board member/secretary 1 Jan 2008 Other 5188121
Herbert Pardes Executive officer/board member/treasurer 1 Jan 2008 Other 4381395
Ralph M Chandler Executive officer/board member 1 Jan 2008 Other 5515367
Gail F Donovan Executive officer/board member 1 Jan 2008 Other 5515359
John D O'neil Executive officer/board member 1 Jan 2008 Other 5516486
James J Dooley Executive officer/board member 1 Jan 2008 Other 5516448
Michael T Weber Executive officer board member 1 Jan 2008 Other 5533430
William Hasselbarth Executive officer 1 Jan 2008 Other 5696921
Joseph D Mcdonald Executive officer/board member 1 Mar 2009 Other 5652570
James Joseph Kelley Chief compliance officer/ president 1 Jan 2010 Other 1182403
David G. Kruczlnicki Executive officer/board member 1 Jan 2010 Other 4840887
Joseph A Quagliata Executive officer/board member/chairman 1 Jan 2010 Other 5188121
Herbert Pardes Executive officer/board member/chairelect 1 Jan 2010 Other 4381395
Joseph D Mcdonald Executive officer/board member/secretary 1 Jan 2010 Other 5652570
Joseph A Quagliata Executive officer/board member immediate past chair 1 Jan 2011 Other 5188121
Herbert Pardes Executive officer/board member/chair 1 Jan 2011 Other 4381395
Joseph D Mcdonald Executive officer/board member/chair elect 1 Jan 2011 Other 5652570

Indirect Owners

The SEC currently registers 27 indirect owners.

Name Entity Date acquired Ownership Employer ID
Hanys Solutions Inc Sole shareholder 1 Dec 1983 75% - 100% 14-1655556
Healthcare Association Of New York State (Hanys) Sole shareholder 1 Dec 1983 75% - 100% 14-1405826
Healthcare Association Of New York State Sole shareholder 1 Dec 1983 75% - 100% 14-1405826
John R Spicer Board of director 1 Jan 2000 Other xxx-xx-xxxx
John Raymond Spicer Board of director 1 Jan 2000 Other xxx-xx-xxxx
Steven Goldstein Board of director 1 Jan 2008 Other xxx-xx-xxxx
Stephen S Mills Board of director 1 Jan 2008 Other xxx-xx-xxxx
Steven Ian Goldstein Board of director 1 Jan 2008 Other xxx-xx-xxxx
Stephen Sumner Mills Board of director 1 Jan 2008 Other xxx-xx-xxxx
John R Remillard Board of director 1 Feb 2009 Other xxx-xx-xxxx
Mark Joseph Solazzo Board of director 1 Jan 2010 Other xxx-xx-xxxx
Betsy Tanner Wright Board of director 1 Jan 2010 Other xxx-xx-xxxx
Scott Cooper Board of director- secretary 1 Jan 2011 Other xxx-xx-xxxx
Stephens M Mundy Board member- treasurer 1 Jan 2012 Other xxx-xx-xxxx
Stephens Marshall Mundy Board member- treasurer 1 Jan 2012 Other xxx-xx-xxxx
Richard Ketcham Board of director 1 Jan 2012 Other xxx-xx-xxxx
Linda Brady Board of directors 1 Apr 2012 Other 6050707
Dennis James Verzi Board of directors 1 Mar 2015 Other 6468921
Scott Hugh Perra Board of directors 1 Mar 2015 Other 6468914
Joel Irwin Seligman Board of directors 1 May 2015 Other 6489690
Richard Joseph Murphy Board of directors 1 Mar 2016 Other 6632450
Susan Ann Green Lorenzen Board of director 1 Aug 2017 Other 6852069
Karen Sue Westervelt Board of director 1 Aug 2017 Other 6852074
Hugh Richard Thomas Board of director 1 Aug 2017 Other 6852059
Andrew Raymond Manzer Board of director 1 Aug 2017 Other 6852044
Diana Joyce Scalise Board of director 1 Aug 2017 Other 6852032
Diana Scalise Board of director 1 Aug 2017 Other 6852032

Based in Rensselaer

The principal office where Healthcare Community Securities Corporation performs its advisory services is located at One Empire Drive, Rensselaer, NY 12144, which is also the mailing address of the firm. An additional office of the firm is in Melville, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 518-431-7600 or by fax 518-431-7601. The normal business hours are 8:30 am to 5:00pm on Monday - Friday. You can find more information about the New York firm at strategicbenefitservices.com.