Jeffrey Matthews Wealth Management, LLC (Florham Park)

Jeffrey Matthews Wealth Management, LLC is an adviser based in Florham Park. It manages $43.42 million of regulatory assets for 102 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, California, Connecticut, and 12 other states.

Jeffrey Matthews Wealth Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jeffrey Matthews Wealth Management: assets under management

The assets under management (AUM) of Jeffrey Matthews Wealth Management, LLC is $43.42 million. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.77 million in discretionary accounts and $25.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $296.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $610.65 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jeffrey Matthews Wealth Management, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jeffrey Matthews Wealth Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Jeffrey Matthews Wealth Management is high net worth individuals with 15 clients and $30.55 million of assets under management. Among the 1 most similar advisory firms, Jeffrey Matthews Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $43.42 million for 73 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.

Jeffrey Matthews Wealth Management doesn't advise any private funds.

Careers at Jeffrey Matthews Wealth Management, LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 8 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
Jeffrey Ross Halpert	Ceo	1 Sep 2010	50% - 75%	2072459
Anthony Gregory Pasculli	Member	1 Sep 2010	Other	2238324
Edward James Hynes	Member	1 Sep 2010	Other	1058397
David Anthony Chieco	Member	1 Sep 2010	Other	1563513
Geoff Ira Feinstein	Member	1 Sep 2010	Other	2259310
Steven David Garbus	Member	1 Sep 2010	Other	1268525
Stephen John Cucchia	Cco	1 Nov 2016	Other	1316029

Based in Florham Park

The principal office where Jeffrey Matthews Wealth Management, LLC performs its advisory services is located at 30 B Vreeland Road, Florham Park, NJ 07932, which is also the mailing address of the firm. An additional office of the firm is in Greenwich, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-467-3636 or by fax 973-520-8052. The normal business hours are 8:30 - 4:30 on Monday - Friday.