Central Family Advisors, LLC (New York)

Name: Central Family Advisors, LLC
Address: 655 Third Avenue, New York, NY, 10017
Telephone: 917-993-7115

Central Family Advisors, LLC is a large advisory firm based in New York. It manages $228.64 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2016.

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

Central Family Advisors: assets under management

The assets under management (AUM) of Central Family Advisors, LLC is $228.64 million. $226.13 million of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in investment and business development companies the most. They account for 29% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Central Family Advisors, LLC for their services and products based on 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 Central Family Advisors serves?

The only and largest group of clients of Central Family Advisors is high net worth individuals with 12 clients and $228.64 million of assets under management. Among the 9 most similar advisory firms, Central Family Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $228.64 million for 12 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 94% of the firm’s clients are foreign persons or businesses.

Central Family Advisors doesn't advise any private funds.

Careers at Central Family Advisors, LLC

The company employs 3 people that are either part- or full-time employees. 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
Marcelo Antonio Mendoza	Managing member, chief compliance officer and founder	1 Apr 2016	75% - 100%	1592140
Shahid Bashir Malik	Chief operating officer	1 Jun 2016	Other	6667285
Jeffrey Alan Figurelli	Partner	1 Nov 2016	Other	1306404

Based in New York

The principal office where Central Family Advisors, LLC performs its advisory services is located at 655 Third Avenue, New York, NY 10017, 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 917-993-7115. The normal business hours are 9am - 5 pm on Monday - Friday. You can find more information about the New York firm at cenfam.com.