Corrado Advisors, LLC is a large advisory firm based in Ramsey. It manages $267.38 million of regulatory assets for 322 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Connecticut, and 10 other states.
Corrado Advisors provides financial planning services and 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.
The assets under management (AUM) of Corrado Advisors, LLC is $267.38 million. The firm's AUM has gone down by -29% 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 Corrado Advisors, LLC 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Corrado Advisors is high net worth individuals with 63 clients and $196.64 million of assets under management. Among the 11 most similar advisory firms, Corrado Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $267.38 million for 322 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.
Corrado Advisors doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Corrado Advisors, LLC performs its advisory services is located at 48 South Franklin Turnpike, Ramsey, NJ 07446 2558, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 201-661-6600 or by fax 201-661-6601. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at corradofinancialgroup.com.