Hudson Valley Wealth Management, Inc is a mid-sized advisory firm based in Pearl River. It manages $82.88 million of regulatory assets for 495 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Connecticut, Florida, New Jersey, and New York.
Hudson Valley Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. 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 Hudson Valley Wealth Management, Inc is $82.88 million. The firm's AUM has grown by 7319% 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 Hudson Valley Wealth Management, Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Christoper J. Conover is individuals with 120 clients and $40.81 million of assets under management. Among the 5 most similar advisory firms, Hudson Valley Wealth Management has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $82.88 million for 196 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.
Hudson Valley Wealth Management also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 6 people that are either part- or full-time employees. 17 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.
Christoper J. Conover has been acting as President since 1 Jan 2008. Sandra Matrick Forman joined the executive team most recently as the General Counsel And Chief Compliance Officer.
The principal office where Hudson Valley Wealth Management, Inc performs its advisory services is located at 15 East Central Avenue, Pearl River, NY 10965, which is also the mailing address of the firm. An additional office of the firm is in Westport, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (845) 920-1600 or by fax (845) 735-5903. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at hudsonvalleywealth.com.