Kolinsky Wealth Management, LLC is a large advisory firm based in Ramsey. It manages $158.59 million of regulatory assets for 671 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Connecticut, Florida, New Jersey, New York, and Texas.
Kolinsky Wealth Management provides financial planning services, portfolio management for individuals and small businesses, 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 Kolinsky Wealth Management, LLC is $158.59 million. The firm's AUM has grown by 188% since the beginning of its operation, and $103.81 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Kolinsky Wealth Management, 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Kolinsky Wealth Management is high net worth individuals with 73 clients and $96.42 million of assets under management. Among the 12 most similar advisory firms, Kolinsky Wealth Management has the 6th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $156.82 million for 307 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.
Kolinsky Wealth Management doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Kolinsky Wealth Management, LLC performs its advisory services is located at 500 N. Franklin Turnpike, Ramsey, NJ 07446, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 201-474-4011 or by fax 201-505-4879. 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 kolinskywealth.com.