Pollock Planning Associates, Inc. (Asheville)

Name: Pollock Planning Associates, Inc.
Address: 61 Villa Nova Drive, Asheville, NC, 28804
Telephone: 856-266-2276

Pollock Planning Associates, Inc. is a large advisory firm based in Asheville. It manages $140.53 million of regulatory assets for 80 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Florida, New Jersey, and 3 other states.

Pollock Planning Associates provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pollock Planning Associates: assets under management

The assets under management (AUM) of Pollock Planning Associates, Inc. is $140.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $140.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.76 million each.

Pollock Planning Associates has custody of $11.61 million in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pollock Planning Associates, Inc. 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 Steven Leonard Pollock serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Steven Leonard Pollock is high net worth individuals with 50 clients and $121.03 million of assets under management. Among the 10 most similar advisory firms, Pollock Planning Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $140.53 million for 80 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.

Pollock Planning Associates doesn't advise any private funds.

Careers at Pollock Planning Associates, 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. 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Leonard Pollock	President/chief compliance officer	1 Jul 2006	75% - 100%	5250286

Based in Asheville

The principal office where Pollock Planning Associates, Inc. performs its advisory services is located at 61 Villa Nova Drive, Asheville, NC 28804, 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 856-266-2276 or by fax 856-854-1555. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at pollockplanning.com.