Van Cleef, Jordan, And Wood, Inc. (Bronxville)


Van Cleef, Jordan, And Wood, Inc. is a mid-sized advisory firm based in Bronxville. It manages $57.49 million of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2004.

Van Cleef, Jordan, And Wood 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.

Van Cleef, Jordan, And Wood: assets under management

The assets under management (AUM) of Van Cleef, Jordan, And Wood, Inc. is $57.49 million. The firm's AUM has grown by 44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $53.27 million in discretionary accounts and $4.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.57 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.22 million.
Van Cleef, Jordan, And Wood has custody of $2.58 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 8% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Van Cleef, Jordan, And Wood, 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.

What kind of clients Van Cleef, Jordan, And Wood serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Van Cleef, Jordan, And Wood is high net worth individuals with 10 clients and $38.75 million of assets under management. Among the 2 most similar advisory firms, Van Cleef, Jordan, And Wood has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $57.49 million for 35 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.

Van Cleef, Jordan, And Wood doesn't advise any private funds.

Careers at Van Cleef, Jordan, And Wood, Inc.

The company employs 3 people that are either part- or full-time employees. 67 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
Vernon Callian Vp-research 1 Oct 1994 Other 4765932
Gary John Reetz President and cio/chief compliance officer 1 Jul 2004 75% - 100% 1397317
Regis W. Schultis Chairman and chief compliance officer 1 Jul 2004 Other 4765928
Regis William Schultis Chairman and chief compliance officer 1 Jul 2004 Other 415657
Vernon Callian Evp-research & cio 1 Aug 2007 Other 4765932
Nilesh Roy Saldanha Chief compliance officer 1 Aug 2007 Other 5411484
Nilesh Roy Saldanha Director of research 1 Jan 2012 Other 5411484

Based in Bronxville

The principal office where Van Cleef, Jordan, And Wood, Inc. performs its advisory services is located at 2 Park Place, Bronxville, NY 10708, 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 212-986-2600 or by fax 212-661-7393. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at vancleefmanagement.com.

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