Merson, Harvey Neil (Scotch Plains)

Merson, Harvey Neil is a mid-sized advisory firm based in Scotch Plains. It manages $51.08 million of regulatory assets for 135 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New Jersey.

Merson, Harvey Neil provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm also engages as portfolio manager for a mutual fund.

Merson, Harvey Neil: assets under management

The assets under management (AUM) of Merson, Harvey Neil is $51.08 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Merson, Harvey Neil for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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.

What kind of clients Merson, Harvey Neil serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Merson, Harvey Neil is individuals with 118 clients and $25.98 million of assets under management. Among the 4 most similar advisory firms, Merson, Harvey Neil has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $51.08 million for 135 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.

Merson, Harvey Neil doesn't advise any private funds.

Careers at Merson, Harvey Neil

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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
Harvey Neil Merson	Chief compliance officer	1 Sep 1985	75% - 100%	1049707

Based in Scotch Plains

The principal office where Merson, Harvey Neil performs its advisory services is located at 43 Highlander Drive, Scotch Plains, NJ 07076, 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 908-444-8555 or by fax 908-444-8752. The normal business hours are 9:00am-8:00pm on Monday - Friday.