Stone House Investment Management, LLC (Tunkhannock)

Name: Stone House Investment Management, LLC
Address: 80 West Tioga Street, Tunkhannock, PA, 18657
Telephone: 570-836-7020

Stone House Investment Management, LLC is a large advisory firm based in Tunkhannock. It manages $218.16 million of regulatory assets for 1,115 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, New York, North Carolina, and 3 other states.

Stone House Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, educational seminars and workshops, and sub-advisory. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Stone House Investment Management: assets under management

The assets under management (AUM) of Stone House Investment Management, LLC is $218.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 370% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $218.16 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $195.66 thousand each.

Stone House Investment Management has custody of $15.17 million in cash and securities for 59 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 84% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stone House Investment Management, LLC 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 Stone House Investment Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Stone House Investment Management is high net worth individuals with 63 clients and $123.09 million of assets under management. Among the 8 most similar advisory firms, Stone House Investment Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $218.16 million for 413 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.

Stone House Investment Management doesn't advise any private funds.

Careers at Stone House Investment Management, LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 7 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
Raymond Scott Stone	Managing member, chief compliance officer	1 Apr 2007	25% - 50%	4630679
Robert Jeffrey Brown	Managing member	1 Apr 2007	25% - 50%	3030735
John Michael Burke	Managing member	1 Jan 2015	Other	5500374

Based in Tunkhannock

The principal office where Stone House Investment Management, LLC performs its advisory services is located at 80 West Tioga Street, Tunkhannock, PA 18657, 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 570-836-7020. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at stonehouseretire.com.