Coughlin Financial Services, Inc. (Larchmont)

Name: Coughlin Financial Services, Inc.
Address: 178 Myrtle Boulevard, Larchmont, NY, 10538
Telephone: 914-834-1234

Coughlin Financial Services, Inc. is a mid-sized advisory firm based in Larchmont. It manages $28.95 million of regulatory assets for 55 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.

Coughlin Financial Services provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Coughlin Financial Services: assets under management

The assets under management (AUM) of Coughlin Financial Services, Inc. is $28.95 million. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.42 million in discretionary accounts and $18.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $453.07 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $579 thousand.

Investments

The firm invests in cash and cash equivalents the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in non-exchange traded securities form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coughlin Financial Services, 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.

What kind of clients John Mead Coughlin serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of John Mead Coughlin is high net worth individuals with 6 clients and $22.91 million of assets under management. Among the 3 most similar advisory firms, Coughlin Financial Services has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $28.95 million for 55 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.

Coughlin Financial Services doesn't advise any private funds.

Careers at Coughlin Financial Services, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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
John Mead Coughlin	President/chief compliance officer	1 May 2000	75% - 100%	1390283

Based in Larchmont

The principal office where Coughlin Financial Services, Inc. performs its advisory services is located at 178 Myrtle Boulevard, Larchmont, NY 10538, 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 914-834-1234 or by fax 914-834-4859. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at coughlinfinancial.com.