Miano, John Christopher (Utica)

Miano, John Christopher is a mid-sized advisory firm based in Utica. It manages $35.64 million of regulatory assets for 51 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New York.

Miano, John Christopher provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Miano, John Christopher: assets under management

The assets under management (AUM) of Miano, John Christopher is $35.64 million. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $35.3 million in discretionary accounts and $340 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $706 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $340 thousand.

Investments

The firm invests in non-exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 19% of the firm’s portfolio. Investments in state and local bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Miano, John Christopher 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.

What kind of clients Miano, John Christopher serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Miano, John Christopher is high net worth individuals with 10 clients and $21.6 million of assets under management. Among the 3 most similar advisory firms, Miano, John Christopher has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $35.64 million for 51 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.

Miano, John Christopher doesn't advise any private funds.

Careers at Miano, John Christopher

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. No 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
John Christopher Miano	Sole proprietor	1 Aug 1994	75% - 100%	4889942

Based in Utica

The principal office where Miano, John Christopher performs its advisory services is located at 258 Genesee St., Utica, NY 13502 4627, 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 315-734-0703 or by fax 315-734-0703. The normal business hours are 9 am to 5 pm on Monday - Friday.