Abner, Herrman & Brock, Inc. (Jersey City)

Name: Abner, Herrman & Brock, Inc.
Address: Haborside Financial Center, Jersey City, NJ, 07311
Telephone: 201-484-2000

Abner, Herrman & Brock, Inc. is a large advisory firm based in Jersey City. It manages $654.63 million of regulatory assets for 931 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 13 other states.

Abner, Herrman & Brock 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.

Abner, Herrman & Brock: assets under management

The assets under management (AUM) of Abner, Herrman & Brock, Inc. is $654.63 million. The firm's AUM has grown by 90% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $635.23 million in discretionary accounts and $19.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $749.09 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $233.71 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Abner, Herrman & Brock, Inc. for their services and products based on a percentage of assets under management and commissions. 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.

Careers at Abner, Herrman & Brock, Inc.

Howard Jerome Abner has been acting as President since 1 Nov 1980. Caryn Jill Zweig joined the executive team most recently as the Manaaging Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Howard Jerome Abner	Chairman	1 Nov 1980	75% - 100%	353
Caryn Jill Zweig	Compliance officer	1 Jan 2001	Other	xxx-xx-xxxx
Caryn Jill Zweig	Senior portfolio manager	1 Jan 2004	Other	xxx-xx-xxxx
Howard Jerome Abner	Chief compliance officer	1 Jan 2007	Other	353
Caryn Jill Zweig	Manaaging director	1 Jan 2007	Other	xxx-xx-xxxx
Herrman & Brock Inc. Abner	Managing member	1 Jan 2007	75% - 100%	22-2322415

Based in Jersey City

The principal office where Abner, Herrman & Brock, Inc. performs its advisory services is located at Haborside Financial Center, Jersey City, NJ 07311, 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 201-484-2000 or by fax 201-435-4603. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at www.ahbi.com.