Buckram Securities Ltd (Glen Cove)

Buckram Securities Ltd is a mid-sized advisory firm based in Glen Cove. It manages $45.36 million of regulatory assets for 115 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 4 other states.

Buckram Securities 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.

Buckram Securities: assets under management

The assets under management (AUM) of Buckram Securities Ltd is $45.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $394.47 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Buckram Securities Ltd for their services and products based on a percentage of assets under management and fixed fees. 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 Peter Philip Debuona serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Peter Philip Debuona is individuals with 101 clients and $27.74 million of assets under management. Among the 2 most similar advisory firms, Buckram Securities has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $45.36 million for 115 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.

Buckram Securities doesn't advise any private funds.

Careers at Buckram Securities Ltd

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 2 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.

Peter Philip Debuona has been acting as President since 1 Nov 2004. Maria Ann Rutter joined the executive team most recently as the Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Philip Debuona	President/cco	1 Nov 2004	75% - 100%	xxx-xx-xxxx
Jane Marie Debuona	Finop	1 Jan 2009	Other	5394679
Maria Ann Rutter	Principal	1 Apr 2015	Other	xxx-xx-xxxx

Based in Glen Cove

The principal office where Buckram Securities Ltd performs its advisory services is located at 21 Cedar Swamp Road, Glen Cove, NY 11542, 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 516-759-7400 or by fax 516-759-8390. The normal business hours are 9:00 a.m. - 4:00 p.m. on Monday - Friday.