Network Investment Advisors Incorporated (Commack)

Network Investment Advisors Incorporated is a mid-sized advisory firm based in Commack. It manages $30.92 million of regulatory assets for 114 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, New York, and Texas.

Network Investment Advisors Incorporated provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Network Investment Advisors Incorporated: assets under management

The assets under management (AUM) of Network Investment Advisors Incorporated is $30.92 million. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.74 million in discretionary accounts and $14.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $249.81 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $301.83 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Network Investment Advisors Incorporated for their services and products based on a percentage of assets under management, hourly charges, 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 Network Investment Advisors Incorporated serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Network Investment Advisors Incorporated is individuals with 110 clients and $25.82 million of assets under management. Among the 3 most similar advisory firms, Network Investment Advisors Incorporated has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $30.92 million for 115 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.

Network Investment Advisors Incorporated doesn't advise any private funds.

Careers at Network Investment Advisors Incorporated

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
Moss Joseph Kaufman	Managing member & chief compliance officer	1 Oct 2017	75% - 100%	733724

Based in Commack

The principal office where Network Investment Advisors Incorporated performs its advisory services is located at 353 Veterans Memorial Hwy, Commack, NY 11725, 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 (631) 366-1999 or by fax 631-366-1728. The normal business hours are 9:00am 0 5:00pm on Monday - Friday.