Gitterman Wealth Management, LLC is a large advisory firm based in Edison. It manages $456.79 million of regulatory assets for 1,867 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, Colorado, and 9 other states.
Gitterman Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gitterman Wealth Management, LLC is $456.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% 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 Gitterman Wealth Management, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Gitterman Wealth Management is individuals with 710 clients and $435.33 million of assets under management. Among the 7 most similar advisory firms, Gitterman Wealth Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $456.79 million for 714 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.
Gitterman Wealth Management doesn't advise any private funds.
The company employs 26 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
Elias Stuart Rauch has served as the Chief Investment Officer since 1 Mar 2010. Gary Dee Davis joined the executive team most recently as the Chief Operating Officer/Chief Compliance Officer.
The principal office where Gitterman Wealth Management, LLC performs its advisory services is located at 379 Thornall Street, Edison, NJ 08837, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 848-248-4405 or by fax 888-476-1314. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at gittermanwealth.com.