Glen Eagle Advisors, LLC (Kingston)


Glen Eagle Advisors, LLC is a large advisory firm based in Kingston. It manages $301.87 million of regulatory assets for 1,234 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, California, Delaware, and 7 other states.

Glen Eagle Advisors 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 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Glen Eagle Advisors: assets under management

The assets under management (AUM) of Glen Eagle Advisors, LLC is $301.87 million. The firm's AUM has grown by 1097% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $282.36 million in discretionary accounts and $19.51 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $241.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $304.77 thousand.

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 grade corporate bonds, which make up 17% of the firm’s portfolio. Investments in government bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Glen Eagle Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Glen Eagle Advisors 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 Glen Eagle Advisors is high net worth individuals with 180 clients and $176.11 million of assets under management. Among the 8 most similar advisory firms, Glen Eagle Advisors has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $301.87 million for 794 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.

Glen Eagle Advisors doesn't advise any private funds.

Careers at Glen Eagle Advisors, LLC

The company employs 18 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 15 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Glen Eagle Investments Inc. Owner 1 May 1988 75% - 100% 22-2894981
Llc Glen Eagle Investments Owner 1 May 1988 75% - 100% 22-2894981
Llc Glen Eagle Invesments Owner 1 May 1988 75% - 100% 22-2894981
John Donald Michel Ceo, cfo 1 Jun 2002 Other 1408408
Gary A Moody Cao 1 Oct 2002 Other 4470104
Brian Fred Zucker Finop 1 Oct 2003 Other 1484733
Carl Forman Chief compliance officer 1 Jun 2008 Other 1532034
Gary A Moody Chief compliance officer 1 Aug 2011 Other 4470104
Susan Ann Michel Ceo 1 Apr 2012 Other 1680859
Thomas Keith George Financial and operations principal 1 Jun 2013 Other 5378303

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Susan Ann Michel Common shareholder 1 May 1988 75% - 100% 1680859

Based in Kingston

The principal office where Glen Eagle Advisors, LLC performs its advisory services is located at 4422 C Route 27, Kingston, NJ 08528 0399 The mailing address of the firm is 4422 C Route 27, Kingston, NJ 08528 0399. An additional office of the firm is in Freehold, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 609-631-8231 or by fax 609-631-8237. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at gleneagleadv.com.