Fcg Wealth Management, LLC (Chatham)


Fcg Wealth Management, LLC is a large advisory firm based in Chatham. It manages $1.04 billion of regulatory assets for 1,779 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, Colorado, and 26 other states.

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

Fcg Wealth Management: assets under management

The assets under management (AUM) of Fcg Wealth Management, LLC is $1.04 billion. The firm's AUM has grown by 128% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $780.11 million in discretionary accounts and $261.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $475.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.88 million.

Investments

The firm invests in investment and business development companies the most. They account for 82% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fcg Wealth Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Anthony Combias serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of John Anthony Combias is high net worth individuals with 242 clients and $730.39 million of assets under management. Among the 8 most similar advisory firms, Fcg Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.04 billion for 1,779 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.

Fcg Wealth Management doesn't advise any private funds.

Careers at Fcg Wealth Management, LLC

The company employs 19 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 12 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.

John Anthony Combias has been acting as President since 1 Oct 1994. Jay Wilson Haas joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Anthony Combias President/secretary/managing member 1 Oct 1994 75% - 100% 705794
Peter Frame Marquardt Chief compliance officer/crop/srop 1 Jun 2010 Other 1247354
Christopher Adam Glatz Municipal principal 1 Jul 2011 Other 2238586
Steven Othello Meglio Finop 1 Nov 2011 Other 4578670
Dale Francis Francis Mark Gilkes Chief compliance officer 1 May 2014 Other 2689383
Cindy Joy Marvin Crop/srop 1 May 2014 Other 2861580
Llc Combico Member 1 Jul 2014 Other 47-1602953
Jay Wilson Haas Chief compliance officer 1 Oct 2015 Other 4123504
Emily K Silva Chief compliance officer 1 Nov 2017 Other 3224656
Jay Wilson Haas Chief compliance officer 1 Jul 2018 Other 4123504

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
John Anthony Combias Member 1 Jul 2014 Other 705794

Based in Chatham

The principal office where Fcg Wealth Management, LLC performs its advisory services is located at One Main Street, Chatham, NJ 07928, which is also the mailing address of the firm. An additional office of the firm is in Westfield, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-635-7374 or by fax 973-701-1780. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at fcgadvisors.com.