Compass Investments LLC (Williamsport)

Name: Compass Investments LLC
Address: 1000 Commerce Park Drive, Williamsport, PA, 17701
Telephone: 570-505-3893

Compass Investments LLC is a large advisory firm based in Williamsport. It manages $130.21 million of regulatory assets for 656 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Connecticut, Florida, and 12 other states.

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

Compass Investments: assets under management

The assets under management (AUM) of Compass Investments LLC is $130.21 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 738% since the beginning of its operation, and $204.48 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $130.21 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $198.5 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 36% of the total AUM. The second-largest asset type is other assets, which make up 29% of the firm’s portfolio. Investments in investment and business development companies form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Compass Investments LLC for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Compass Investments serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Compass Investments is high net worth individuals with 43 clients and $79.57 million of assets under management. Among the 10 most similar advisory firms, Compass Investments has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $130.21 million for 266 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Compass Investments doesn't advise any private funds.

Careers at Compass Investments LLC

The company employs 6 people that are either part- or full-time employees. 100 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 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
Julia Constance Reed	Managing member/chief compliance officer	1 Jul 2006	75% - 100%	2751266

Based in Williamsport

The principal office where Compass Investments LLC performs its advisory services is located at 1000 Commerce Park Drive, Williamsport, PA 17701, which is also the mailing address of the firm. An additional office of the firm is in Corvallis, OR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 570-505-3893 or by fax 570-323-2045. The normal business hours are 9:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at compassinvestmentsllc.com.