The Mde Group, Inc. (Morristown)

Name: The Mde Group, Inc.
Address: 465 South Street, Morristown, NJ, 07960
Telephone: 973-206-7100

The Mde Group, Inc. is a large advisory firm based in Morristown. It manages $1.25 billion of regulatory assets for 1,682 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Connecticut, Florida, and 8 other states.

The Mde Group provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Mde Group: assets under management

The assets under management (AUM) of The Mde Group, Inc. is $1.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.25 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $745.85 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Mde Group, Inc. for their services and products based on a percentage of assets under management and fixed 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.

Careers at The Mde Group, Inc.

Glenn Alan Myers has been acting as President since 1 Oct 1991. Emil Robert Coscarelli joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mitchell Dennis Eichen	Strategic advisor	1 Aug 1987	75% - 100%	1746300
Glenn Alan Myers	President	1 Oct 1991	Other	2571279
Mitchell Eichen	President	1 Jun 1996	75% - 100%	1746300
Mitchell Dennis Eichen	Chief executive officer	1 Jun 1996	75% - 100%	1746300
Stewart Richard Massey	President	1 Jun 2003	Other	703703
Glenn Alan Myers	Chief operating officer	1 Jun 2003	Other	2571279
Andrea Nodoro	Chief compliance officer	1 Sep 2004	Other	4877685
Andrea (Nmn) Nodoro	Chief compliance officer	1 Sep 2004	Other	4877685
Emil Robert Coscarelli	Chief compliance officer	1 Jan 2008	Other	5564163

Based in Morristown

The principal office where The Mde Group, Inc. performs its advisory services is located at 465 South Street, Morristown, NJ 07960, 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 973-206-7100 or by fax 973-206-7101. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at mdegroup.com.