Fishman Jay A Ltd is a large advisory firm based in Troy. It manages $515.66 million of regulatory assets for 379 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Illinois, and 6 other states.
Fishman Jay A provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Fishman Jay A Ltd is $515.66 million. The firm's AUM has gone down by -25% since the beginning of its operation, and $9.59 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Fishman Jay A Ltd for their services and products based on a percentage of assets under management 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.
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 Jay Allen Fishman is high net worth individuals with 126 clients and $390.12 million of assets under management. Among the 9 most similar advisory firms, Fishman Jay A has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $515.66 million for 379 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Fishman Jay A doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jay Allen Fishman has been acting as President since 1 Sep 1983. Fishman Jay A Ltd joined the executive team most recently as the President & Chief Compliance Officer.
The principal office where Fishman Jay A Ltd performs its advisory services is located at 901 Wilshire Drive, Troy, MI 48084 4108, 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 248-740-9400 or by fax 248-740-9401. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at jaf-ltd.com.