Securities Associates, Inc. is a large advisory firm based in Armonk. It manages $29.88 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.
Securities Associates provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Securities Associates, Inc. is $29.88 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -47% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Securities Associates, Inc. for their services and products based on a percentage of assets under management. 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.
Randall Motland has been acting as President since 1 Nov 1981. Steven David Milanese joined the executive team most recently as the Asst. Vice President.
The principal office where Securities Associates, Inc. performs its advisory services is located at 80 Business Park Drive, Armonk, NY 10504, 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 914-273-6677 or by fax 914-273-3304. The normal business hours are 9:00 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.sai-invest.com.