Private Portfolio Partners, LLC is a large advisory firm based in Paramus. It manages $477.48 million of regulatory assets for 1,851 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Colorado, and 20 other states.
Private Portfolio Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and solicitation/referral and consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Private Portfolio Partners, LLC is $477.48 million. The firm's AUM has grown by 3317% 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 Private Portfolio Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
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 Private Portfolio Partners is high net worth individuals with 142 clients and $247.75 million of assets under management. Among the 10 most similar advisory firms, Private Portfolio Partners has the 5th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $477.48 million for 1,025 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.
Private Portfolio Partners doesn't advise any private funds.
The company employs 25 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 24 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.
The principal office where Private Portfolio Partners, LLC performs its advisory services is located at 461 From Road, Paramus, NJ 07652, which is also the mailing address of the firm. An additional office of the firm is in Vineland, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 201-939-6644 or by fax 201-265-1387. The normal business hours are 9:00am - 5:00pm on Monday - Friday.