S.E.E.D. Planning Group, LLC (Binghamton)

Name: S.E.E.D. Planning Group, LLC
Address: 31 Lewis Street, Binghamton, NY, 13901
Telephone: (607) 217-5091

S.E.E.D. Planning Group, LLC is a large advisory firm based in Binghamton. It manages $113.68 million of regulatory assets for 779 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, New York, Pennsylvania, Texas, and Virginia.

S.E.E.D. Planning Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and tax planning. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

S.E.E.D. Planning Group: assets under management

The assets under management (AUM) of S.E.E.D. Planning Group, LLC is $113.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 198% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $113.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $145.93 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 56% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay S.E.E.D. Planning Group, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 S.E.E.D. Planning Group serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of S.E.E.D. Planning Group is individuals with 329 clients and $61.58 million of assets under management. Among the 8 most similar advisory firms, S.E.E.D. Planning Group has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $113.68 million for 373 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.

S.E.E.D. Planning Group doesn't advise any private funds.

Careers at S.E.E.D. Planning 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. 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.

S.E.E.D. Planning Group, LLC is owned by Amy Cecile Michaels. Stephen J Campbell joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ryan Sean Berkeley	Partner and financial planner	1 Dec 2012	50% - 75%	5950169
Travis Maus	Managing member and chief compliance officer	1 Apr 2015	75% - 100%	5394182
Travis Ed Maus	Managing member and chief compliance officer	1 Apr 2015	75% - 100%	5394182
Fred Gene Costantino	Chief investment officer and wealth manager	1 Jun 2016	Other	3129677
Amy Cecile Michaels	Owner	1 Jun 2017	Other	6382060
Amy Cecile Michaels	Owner	1 Jan 2018	Other	6382060
Stephen J Campbell	Owner	1 Jan 2018	Other	6066061

Based in Binghamton

The principal office where S.E.E.D. Planning Group, LLC performs its advisory services is located at 31 Lewis Street, Binghamton, NY 13901, which is also the mailing address of the firm. An additional office of the firm is in Syracuse, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (607) 217-5091 or by fax (855) 838-7333. The normal business hours are m-f (8am-7pm) sat (9am-12am) sat (by appointment) on Monday - Friday. You can find more information about the New York firm at seedplanninggroup.com and its LinkedIn profile.