Tranquilli Financial Advisor, LLC (Clinton)

Name: Tranquilli Financial Advisor, LLC
Address: 35 Leigh Street, Clinton, NJ, 08809
Telephone: (908) 730-6234

Tranquilli Financial Advisor, LLC is a large advisory firm based in Clinton. It manages $101.71 million of regulatory assets for 319 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of New Jersey, Pennsylvania, and Texas.

Tranquilli Financial Advisor provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tranquilli Financial Advisor: assets under management

The assets under management (AUM) of Tranquilli Financial Advisor, LLC is $101.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $318.85 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tranquilli Financial Advisor, LLC 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 Tranquilli Financial Advisor serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Tranquilli Financial Advisor is high net worth individuals with 40 clients and $66.13 million of assets under management. Among the 8 most similar advisory firms, Tranquilli Financial Advisor has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $101.44 million for 120 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.

Tranquilli Financial Advisor doesn't advise any private funds.

Careers at Tranquilli Financial Advisor, LLC

The company employs 5 people that are either part- or full-time employees. 20 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dana Anne Isherwood	Chief compliance officer	1 Jul 2018	Other	2277066
Louis Tranquilli	Member	1 Oct 2018	75% - 100%	2179748
Financial Planning Inc. T.I.M.E.S.	Managing member	1 Oct 2018	Other	83-2140122

Based in Clinton

The principal office where Tranquilli Financial Advisor, LLC performs its advisory services is located at 35 Leigh Street, Clinton, NJ 08809, 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) 730-6234 or by fax (908) 735-7608. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at louistranquilli.com.