American Investment Planners LLC (Jericho)

Name: American Investment Planners LLC
Address: 500 North Broadway, Jericho, NY, 11753
Telephone: 516-932-5130

American Investment Planners LLC is a large advisory firm based in Jericho. It manages $126.03 million of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Connecticut, Florida, New Jersey, New York, and Texas.

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

American Investment Planners: assets under management

The assets under management (AUM) of American Investment Planners LLC is $126.03 million. The firm's AUM has grown by 299% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $88.38 million in discretionary accounts and $37.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $542.23 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.51 million.

Investments

The firm invests in investment and business development companies the most. They account for 69% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% 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 American Investment Planners LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients American Investment Planners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of American Investment Planners is high net worth individuals with 44 clients and $81.89 million of assets under management. Among the 7 most similar advisory firms, American Investment Planners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $126.03 million for 188 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.

American Investment Planners doesn't advise any private funds.

Careers at American Investment Planners LLC

The company employs 17 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 4 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
Lee Evan Rosenberg	President, managing member and , chief compliance officer (07/2011)	1 Oct 2010	75% - 100%	1010402
John Charles Labbate	Secretary/treasurer and senior finanical planner; director of tax planning	1 Oct 2010	Other	3071131
Barbara Harriet Magor	Chief compliance officer; director of finanical planning operations	1 Oct 2010	Other	1592016

Based in Jericho

The principal office where American Investment Planners LLC performs its advisory services is located at 500 North Broadway, Jericho, NY 11753, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 516-932-5130 or by fax 516-932-7706. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at americaninvestmentplanners.com.