Schaffer & Company Asset Management, Inc. is a mid-sized advisory firm based in Rochester. It manages $36.21 million of regulatory assets for 466 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.
Schaffer & Company Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Schaffer & Company Asset Management, Inc. is $36.21 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 34% 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 Schaffer & Company Asset Management, Inc. 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 Gregory Lee Schaffer is individuals with 287 clients and $31.12 million of assets under management. Among the 1 most similar advisory firms, Schaffer & Company Asset Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $36.21 million for 292 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.
Schaffer & Company Asset Management doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 50 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.
Gregory Lee Schaffer has been acting as President since 1 Nov 2005. David M Cocuzzi joined the executive team most recently as the Chief Compliance Officer.
The principal office where Schaffer & Company Asset Management, Inc. performs its advisory services is located at 3205 Mount Read Blvd., Rochester, NY 14616, 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 585-621-3300 or by fax 585-621-3334. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at gregoryschaffer.com.