Foothold Management Corporation is a large advisory firm based in Hoboken. It manages $45 million of regulatory assets for 51 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New Jersey.
Foothold Management Corporation provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and market timing services. 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 Foothold Management Corporation is $45 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Foothold Management Corporation for their services and products based on a percentage of assets under management and performance-based 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.
The principal office where Foothold Management Corporation performs its advisory services is located at 333 River Street, Hoboken, NJ 07030 The mailing address of the firm is 380 Madison Ave, New York, NY 10017. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 201-656-8660 or by fax 212-420-8597. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday.