Centermark Asset Management (Cornelius)


Centermark Asset Management is a large advisory firm based in Cornelius. It manages $55 million of regulatory assets for 100 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, North Carolina, and South Carolina.

Centermark Asset Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Centermark Asset Management: assets under management

The assets under management (AUM) of Centermark Asset Management is $55 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $40 million in discretionary accounts and $15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $800 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $300 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Centermark Asset Management for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based 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.

Based in Cornelius

The principal office where Centermark Asset Management performs its advisory services is located at 21320 Baltic Drive, Cornelius, NC 28031, which is also the mailing address of the firm. An additional office of the firm is in Mt Airy, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-756-7160 or by fax 704-892-6134. The normal business hours are 8:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at www.thecentermark.com.