Candor Wealth Advisors LLC (Summit)

Name: Candor Wealth Advisors LLC
Address: 129 Summit Avenue, Summit, NJ, 07901
Telephone: 908-277-1300

Candor Wealth Advisors LLC is a large advisory firm based in Summit. It manages $225.71 million of regulatory assets for 484 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Connecticut, Florida, and 6 other states.

Candor Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, 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.

Candor Wealth Advisors: assets under management

The assets under management (AUM) of Candor Wealth Advisors LLC is $225.71 million. The firm's AUM has grown by 388% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $214.7 million in discretionary accounts and $11.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $456.81 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $786.3 thousand.

Candor Wealth Advisors has custody of $11.59 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Candor Wealth Advisors 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.

Careers at Candor Wealth Advisors LLC

John Edmond Crilly has been acting as President since 1 Sep 2008. Frani Michele Feit joined the executive team most recently as the Vp Investments And Planning.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Joseph Trompeter	Member-managing director	1 Jul 2008	Other	2591353
Benjamin Cary Halliburton	Member-managing director	1 Jul 2008	25% - 50%	1600144
Michael Claude Provine	Member-managing director-chief compliance officer	1 Jul 2008	25% - 50%	4421863
John Edmond Crilly	President	1 Sep 2008	Other	1533690
Sharon Buccafusco	Associate compliance officer	1 Sep 2008	Other	5771523
Stephanie J. Bowyer	Vice president	1 Feb 2010	Other	5759382
Frani Michele Feit	Vp - investments and planning	1 Feb 2013	Other	6130182

Based in Summit

The principal office where Candor Wealth Advisors LLC performs its advisory services is located at 129 Summit Avenue, Summit, NJ 07901, 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 908-277-1300 or by fax 413-845-4747. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at candorwealth.com/.