Beirne Wealth Consulting Services, LLC is a large advisory firm based in Shelton. It manages $1.59 billion of regulatory assets for 1,514 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Colorado, Connecticut, and 16 other states.
Beirne Wealth Consulting Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. 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 Beirne Wealth Consulting Services, LLC is $1.59 billion. The firm's AUM has grown by 257% since the beginning of its operation, and $3.03 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Beirne Wealth Consulting Services, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of John Oliver Beirne is state or municipal government entities with 39 clients and $1.19 billion of assets under management. Among the 9 most similar advisory firms, Beirne Wealth Consulting Services has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $1.59 billion for 550 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Beirne Wealth Consulting Services doesn't advise any private funds.
The company employs 14 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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 receive compensation from other entities for client referrals.
John Oliver Beirne has been acting as President since 1 Jun 2018. The John Oliver Beirne 2012 Trust joined the executive team most recently as the Owner.
The principal office where Beirne Wealth Consulting Services, LLC performs its advisory services is located at 3 Enterprise Drive, Shelton, CT 06484, which is also the mailing address of the firm. An additional office of the firm is in Allentown, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-701-8606 or by fax 203-701-8607. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at beirnewealth.com/.