Geller Family Office Services LLC is a large advisory firm based in New York. It manages $2.79 billion of regulatory assets for 693 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of New Jersey and New York.
Geller Family Office Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Geller Family Office Services LLC is $2.79 billion. The firm's AUM has grown by 134% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Geller Family Office Services LLC for their services and products based on a percentage of assets under management, hourly charges, 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, high net worth individuals, and pooled investment vehicles. The largest group of clients of Geller Family Office Services is high net worth individuals with 69 clients and $2.49 billion of assets under management. Among the 8 most similar advisory firms, Geller Family Office Services has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.79 billion for 87 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.
Geller Family Office Services also advises several private funds. Namely, one hedge fund and three private equity funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 104 people that are either part- or full-time employees. 12 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Robert Wedeking has served as the Chief Investment Officer since 1 Apr 2012 and James Hugh Mclaughlin is the Chief Executive Officer of Geller Family Office Services LLC family office. Edward Seth Hornstein joined the executive team most recently as the Chief Compliance Officer.
The principal office where Geller Family Office Services LLC performs its advisory services is located at 909 Third Avenue, New York, NY 10022, 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 (212) 583-6001 or by fax (212) 583-6241. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at gellerfamilyofficeservices.com.