Investmark Advisory Group LLC (Shelton)


Investmark Advisory Group LLC is a large advisory firm based in Shelton. It manages $392.17 million of regulatory assets for 1,504 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Connecticut, Florida, and 10 other states.

Investmark Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Investmark Advisory Group: assets under management

The assets under management (AUM) of Investmark Advisory Group LLC is $392.17 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $392.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $260.75 thousand each.
Investmark Advisory Group has custody of $70.19 million in cash and securities for 144 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 79% of the total AUM. The second-largest asset type is exchange traded securities, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investmark Advisory Group LLC 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 Investmark Advisory Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Investmark Advisory Group is high net worth individuals with 106 clients and $255.45 million of assets under management. Among the 10 most similar advisory firms, Investmark Advisory Group has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $392.17 million for 568 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.

Investmark Advisory Group doesn't advise any private funds.

Careers at Investmark Advisory Group LLC

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 6 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
Scott K Williams Chief compliance officer 1 Jan 2011 Other 5125568
Michael Christopher Kusick Managing member 1 Nov 2016 25% - 50% 2491494
Nicholas Thomas Christie Member 1 Nov 2016 Other 4285089
Jay Marc Diamond Member 1 Nov 2016 25% - 50% 1293312

Based in Shelton

The principal office where Investmark Advisory Group LLC performs its advisory services is located at 3 Enterprise Drive, Shelton, CT 06484, which is also the mailing address of the firm. An additional office of the firm is in Glastonbury, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-953-3777 or by fax 203-386-8300. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at investmark.net.