Curtis & Bissonette Inc (Lake Placid)

Name: Curtis & Bissonette Inc
Address: 1992 Saranac Avenue Suite 2, Crestview Plaza, Lake Placid, NY, 12946
Telephone: 518-523-2443

Curtis & Bissonette Inc is a mid-sized advisory firm based in Lake Placid. It manages $45.74 million of regulatory assets for 79 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

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

Curtis & Bissonette: assets under management

The assets under management (AUM) of Curtis & Bissonette Inc is $45.74 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $578.98 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 40% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Curtis & Bissonette Inc 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.

What kind of clients Gwynanne M Bissonette serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Gwynanne M Bissonette is high net worth individuals with 24 clients and $40.98 million of assets under management. Among the 2 most similar advisory firms, Curtis & Bissonette has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $45.28 million for 32 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.

Curtis & Bissonette doesn't advise any private funds.

Careers at Curtis & Bissonette Inc

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.

Gwynanne M Bissonette has been acting as President since 1 Mar 1992. Zay Blanchard Curtis joined the executive team most recently as the Vice President/Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Zay Blanchard Curtis	Vice president/secretary	1 Jan 1989	50% - 75%	59326
Gwynanne M Bissonette	President/vice president/treasurer/chief compliance officer	1 Mar 1992	75% - 100%	2432142

Based in Lake Placid

The principal office where Curtis & Bissonette Inc performs its advisory services is located at 1992 Saranac Avenue Suite 2, Crestview Plaza, Lake Placid, NY 12946 The mailing address of the firm is P.O. Box 311, Lake Placid, NY 12946. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 518-523-2443 or by fax 518-523-4665. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at curtisandbissonette.com.