Newton One Investments LLC (Newark)


Newton One Investments LLC is a large advisory firm based in Newark. It manages $219.72 million of regulatory assets for 351 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Delaware, Florida, and 7 other states.

Newton One Investments provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Newton One Investments: assets under management

The assets under management (AUM) of Newton One Investments LLC is $219.72 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $219.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $625.98 thousand each.
Newton One Investments has custody of $54.4 million in cash and securities for 38 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 79% of the total AUM. The second-largest asset type is exchange traded securities, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Newton One Investments LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Newton One Investments serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Newton One Investments is high net worth individuals with 79 clients and $153.61 million of assets under management. Among the 9 most similar advisory firms, Newton One Investments has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $219.17 million for 166 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.

Newton One Investments doesn't advise any private funds.

Careers at Newton One Investments LLC

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 5 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Harold Thomas Hollinger Chairman and ceo member and managing partner 1 Mar 2001 75% - 100% 248711
Scott Roger Snyder Cco, member, partner 1 Feb 2003 Other 2757979
Eric Christopher Pressler Member, partner 1 Aug 2003 Other 2318263

Based in Newark

The principal office where Newton One Investments LLC performs its advisory services is located at 131 Continental Drive, Newark, DE 19713 0000, 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 302-731-1326 or by fax 302-455-9089. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at newtononeadvisors.com.