Yoffe Investment Management, LLC (Lemoyne)

Yoffe Investment Management, LLC is a large advisory firm based in Lemoyne. It manages $118.15 million of regulatory assets for 56 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Pennsylvania.

Yoffe Investment Management provides portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Yoffe Investment Management: assets under management

The assets under management (AUM) of Yoffe Investment Management, LLC is $118.15 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $118.15 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.11 million each.

Yoffe Investment Management has custody of $107.04 million in cash and securities for 12 clients 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 34% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Yoffe Investment 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 Yoffe Investment Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Yoffe Investment Management is high net worth individuals with 10 clients and $116.56 million of assets under management. Among the 8 most similar advisory firms, Yoffe Investment Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $118.15 million for 14 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.

Yoffe Investment Management doesn't advise any private funds.

Careers at Yoffe Investment 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. Only one employee is registered as an investment adviser representative 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
Jeffrey N Yoffe	Sole member/chief compliance officer	1 Sep 2014	75% - 100%	6406293

Based in Lemoyne

The principal office where Yoffe Investment Management, LLC performs its advisory services is located at 2 Lemoyne Drive, Lemoyne, PA 17043, 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 717-343-1120 or by fax 717-303-5226. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday.