Corbenic Partners, LLC is a large advisory firm based in Bethlehem. It manages $379.02 million of regulatory assets for 854 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, Maryland, and 8 other states.
Corbenic Partners provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Corbenic Partners, LLC is $379.02 million. 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 advisory firm has several streams of revenue. Clients pay Corbenic Partners, 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Corbenic Partners is high net worth individuals with 94 clients and $313.53 million of assets under management. Among the 11 most similar advisory firms, Corbenic Partners has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $372.67 million for 223 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.
Corbenic Partners doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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 receive compensation from other entities for client referrals.
The principal office where Corbenic Partners, LLC performs its advisory services is located at 1525 Valley Center Parkway, Bethlehem, PA 18017, 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 610-814-2474 or by fax 610-814-2430. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at corbenicpartners.com.