Factor Advisors, LLC (Summit)


Factor Advisors, LLC is a large advisory firm based in Summit. It manages $1.02 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of New Jersey and New York.

Factor Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Factor Advisors: assets under management

The assets under management (AUM) of Factor Advisors, LLC is $1.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7470% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.02 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $113.81 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Factor Advisors, 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.

Careers at Factor Advisors, LLC

Factor Advisors, LLC is owned by Mark Allen Esposito. Banard Karol has been acting as President since 1 Oct 2015. Robert Stanley Tull joined the executive team most recently as the Coo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Samuel Ralph Masucci Ceo, cmo 1 Jul 2012 75% - 100% 2011215
Mark Allen Esposito Owner 1 Jul 2012 75% - 100% 2333495
Joel Brian Colpitts Officer 1 Jul 2012 Other 2376942
David Henry Weissman Cco 1 Dec 2012 Other 2821025
David Henry Weissman Cco, coo 1 Oct 2014 Other 2821025
John Augustin Flanagan Cfo 1 Mar 2015 Other 2892597
Banard Karol President 1 Oct 2015 Other 6601395
Robert Stanley Tull Coo 1 Jul 2102 Other 1622895

Based in Summit

The principal office where Factor Advisors, LLC performs its advisory services is located at 30 Maple Avenue, Summit, NJ 07901, 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 908-897-0510 or by fax 908-286-8286. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at etfmg.com.