Peck Wealth Management, LLC (White Plains)


Peck Wealth Management, LLC is a mid-sized advisory firm based in White Plains. It manages $56.73 million of regulatory assets for 65 client accounts. It has been registered with the SEC as an adviser since 2013.

Peck Wealth Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Peck Wealth Management: assets under management

The assets under management (AUM) of Peck Wealth Management, LLC is $56.73 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 57% since the beginning of its operation, and $3.27 million of the total AUM is attributable to clients outside of the United States.

The firm manages $56.73 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $872.77 thousand each.
Peck Wealth Management has custody of $3.38 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 15% of the firm’s portfolio. Investments in state and local bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Peck Wealth Management, LLC for their services and products based on a percentage of assets under management. 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 Peck Wealth Management serves?

The only and largest group of clients of Peck Wealth Management is high net worth individuals with 39 clients and $56.73 million of assets under management. Among the 3 most similar advisory firms, Peck Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $56.73 million for 39 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Peck Wealth Management doesn't advise any private funds.

Careers at Peck Wealth Management, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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
Alison Bisno Peck Managing member/chief compliance officer 1 Apr 2011 75% - 100% 1058026

Based in White Plains

The principal office where Peck Wealth Management, LLC performs its advisory services is located at 83 Hillair Circle, White Plains, NY 10605, 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 9146302324 or by fax 8667962324. The normal business hours are peck wealth management, llc on Monday - Friday. You can find more information about the New York firm at peckwealth.com.