Brokerage Advisory Services Corp. (Willow Grove)

Name: Brokerage Advisory Services Corp.
Address: 907 North Easton Road, Willow Grove, PA, 19090
Telephone: 215-657-6900

Brokerage Advisory Services Corp. is a large advisory firm based in Willow Grove. It manages $75 million of regulatory assets for 144 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New Jersey, and Pennsylvania.

Brokerage Advisory Services Corp provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Brokerage Advisory Services Corp: assets under management

The assets under management (AUM) of Brokerage Advisory Services Corp. is $75 million. The firm's AUM has grown by 72% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $25 million in discretionary accounts and $50 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $500 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $531.91 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brokerage Advisory Services Corp. 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.

Careers at Brokerage Advisory Services Corp.

Elliott Dennis Freiberg has been acting as President since 1 Nov 1994. John Robert Schwartz joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Elliott Dennis Freiberg	President	1 Nov 1994	25% - 50%	213882
John Robert Schwartz	Vice president	1 Nov 1994	25% - 50%	416320
Patricia Hale Sobel	Secretary/treasurer	1 Nov 1994	Other	2578068

Based in Willow Grove

The principal office where Brokerage Advisory Services Corp. performs its advisory services is located at 907 North Easton Road, Willow Grove, PA 19090, which is also the mailing address of the firm. An additional office of the firm is in Lake Worth, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-657-6900 or by fax 215-830-8779. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.bascorp.com.