Washington Crossing Advisors LLC (Florham Park)

Name: Washington Crossing Advisors LLC
Address: 18 Columbia Turnpike, Florham Park, NJ, 07932
Telephone: 973-549-4052

Washington Crossing Advisors LLC is a large advisory firm based in Florham Park. It manages $322.45 million of regulatory assets for 744 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Washington Crossing Advisors provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Washington Crossing Advisors: assets under management

The assets under management (AUM) of Washington Crossing Advisors LLC is $322.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 111% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $322.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $433.4 thousand each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 71% of the total AUM. The second-largest asset type is exchange traded securities, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Washington Crossing Advisors LLC for their services and products based on a percentage of assets under management. 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 Scott Allen Roberts 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 Scott Allen Roberts is individuals with 687 clients and $249.07 million of assets under management. Among the 10 most similar advisory firms, Washington Crossing Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $322.45 million for 744 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.

Washington Crossing Advisors doesn't advise any private funds.

Careers at Washington Crossing Advisors LLC

The company employs 13 people that are either part- or full-time employees. 31 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Scott Allen Roberts has been acting as President since 1 May 2016. Monika Kumari Singh joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Allen Roberts	President	1 May 2016	Other	2706025
Elizabeth Anne Watkins	Chief compliance officer	1 May 2016	Other	2272542
Cynthia Teresa Perez	Chief operating officer	1 May 2016	Other	1769327
Michael Chih Hao Chien	Chief legal officer	1 May 2016	Other	5320859
Chad Ashley Morganlander	Co-chief investment officer	1 May 2016	Other	2363211
Kevin Raymond Caron	Co-chief investment officer	1 May 2016	Other	2263747
Stifel Financial Corp	Managing member	1 May 2016	75% - 100%	43-1274600
Renee Marie Ansbro	Chief financial officer	1 Dec 2016	Other	2268316
Monika Kumari Singh	Chief compliance officer	1 Mar 2019	Other	5018272

Based in Florham Park

The principal office where Washington Crossing Advisors LLC performs its advisory services is located at 18 Columbia Turnpike, Florham Park, NJ 07932 The mailing address of the firm is 70 W Madison Street, Chicago, IL 60602. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-549-4052 or by fax 212-208-6833. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at washingtoncrossingadvisers.com.