Targeted Financial Services, LLC (Holmdel)

Name: Targeted Financial Services, LLC
Address: 960 Holmdel Road, Holmdel, NJ, 07733
Telephone: 732-750-9880

Targeted Financial Services, LLC is a large advisory firm based in Holmdel. It manages $397.09 million of regulatory assets for 1,051 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.

Targeted Financial Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Targeted Financial Services: assets under management

The assets under management (AUM) of Targeted Financial Services, LLC is $397.09 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 754% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $397.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $377.82 thousand each.

Targeted Financial Services has custody of $334.39 million in cash and securities for 461 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 41% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Targeted Financial Services, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Targeted Financial Services serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Targeted Financial Services is high net worth individuals with 60 clients and $286.18 million of assets under management. Among the 7 most similar advisory firms, Targeted Financial Services has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $397.09 million for 999 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.

Targeted Financial Services doesn't advise any private funds.

Careers at Targeted Financial Services, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Israel Green	Member	1 Apr 1999	Other	4160205
Ofer Ephraim Gabbay	Member	1 Apr 1999	Other	4160262
Alan Rubin	Member, cfo, ceo	1 Aug 2000	Other	2190957
James Charles Payne Jr	Member / cco, coo	1 Aug 2000	Other	2776808
James Charles Payne	Member	1 Aug 2000	Other	2776808
Alan Nmn Rubin	Member	1 Aug 2000	Other	2190957

Based in Holmdel

The principal office where Targeted Financial Services, LLC performs its advisory services is located at 960 Holmdel Road, Holmdel, NJ 07733, which is also the mailing address of the firm. An additional office of the firm is in Boerne, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 732-750-9880 or by fax 732-750-1004. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at targetedfinancial.com.