Fieldpoint Private Securities, LLC (Greenwich)


Fieldpoint Private Securities, LLC is a large advisory firm based in Greenwich. It manages $2.37 billion of regulatory assets for 3,786 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Colorado, and 16 other states.

Fieldpoint Private Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fieldpoint Private Securities: assets under management

The assets under management (AUM) of Fieldpoint Private Securities, LLC is $2.37 billion. The firm's AUM has grown by 316% since the beginning of its operation, and $28.4 million of the total AUM is attributable to clients outside of the United States.

The firm manages $456.8 million in discretionary accounts and $1.92 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $829.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $592.26 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is state and local bonds, which make up 18% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fieldpoint Private Securities, LLC for their services and products based on a percentage of assets under management 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 Robert Scott Matthews serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Robert Scott Matthews is high net worth individuals with 379 clients and $1.69 billion of assets under management. Among the 9 most similar advisory firms, Fieldpoint Private Securities has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.37 billion for 960 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Fieldpoint Private Securities doesn't advise any private funds.

Careers at Fieldpoint Private Securities, LLC

The company employs 50 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 38 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 don’t receive compensation from other entities for client referrals.

Robert Scott Matthews has been acting as President since 1 Jan 2017. Stephen Vincent Ciancarelli joined the executive team most recently as the Finop.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Cathy Louise Mayberry Director of operations 1 May 2004 Other 1618642
Robert Scott Matthews President and ceo 1 Jun 2010 Other 1008604
Hans Lindsey Kummerfeld Rosfp,cco,vp equity sales, municipal securities principal, aml officer 1 Jan 2011 Other 724486
Fieldpoint Private Bank & Trust Owner 1 Jun 2011 75% - 100% 26-2436838
Robert Scott Matthews Chairman 1 Jun 2011 Other 1008604
Gennaro John Fulvio Finop 1 Sep 2011 Other 2435828
John Palazzetti President 1 Sep 2011 Other 1815805
Scott Ives Noah Chief legal officer 1 Apr 2014 Other 2334448
Robert Scott Matthews Chairman 1 Jan 2017 Other 1008604
Christopher James Delaura President 1 Jan 2017 Other 2899748
Stephen Vincent Ciancarelli Finop 1 Nov 2017 Other 2225753

Based in Greenwich

The principal office where Fieldpoint Private Securities, LLC performs its advisory services is located at 100 Field Point Road, Greenwich, CT 06830, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-682-6550 or by fax 203-682-6563. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at fieldpointprivate.com/fps.