Bayridge Financial Group, Inc. is a mid-sized advisory firm based in Brooklyn. It manages $40 million of regulatory assets for 324 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.
Bayridge Financial Group provides portfolio management for individuals and small businesses. 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 Bayridge Financial Group, Inc. is $40 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Bayridge Financial Group, Inc. 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, and pension and profit sharing plans. The largest group of clients of Bayridge Financial Group is individuals with 200 clients and $36 million of assets under management. Among the 3 most similar advisory firms, Bayridge Financial Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $40 million for 210 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.
Bayridge Financial Group doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 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.
The principal office where Bayridge Financial Group, Inc. performs its advisory services is located at 9710 Third Avenue, Brooklyn, NY 11209 7742, 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 (718) 833-4901 or by fax (718) 833-4903. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at bayridgefinancial.net.