Makrod Investment Associates Inc is a large advisory firm based in Verona. It manages $524.38 million of regulatory assets for 396 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New Jersey.
Makrod Investment Associates 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.
The assets under management (AUM) of Makrod Investment Associates Inc is $524.38 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Makrod Investment Associates 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of John Thomas O'donnell is high net worth individuals with 250 clients and $447.19 million of assets under management. Among the 9 most similar advisory firms, Makrod Investment Associates has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $505.3 million for 393 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.
Makrod Investment Associates doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.
John Thomas O'donnell has been acting as President since 1 Jan 1974. Kathryn Rose O'donnell joined the executive team most recently as the Chief Compliance Officer.
The principal office where Makrod Investment Associates Inc performs its advisory services is located at 44 Ann Street, Verona, NJ 07044, 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 973-239-1033 or by fax 973-239-8179. The normal business hours are 9 a.m to 5 p.m. on Monday - Friday. You can find more information about the New York firm at makrodinvestment.com.