Southwind Associates Of Nj Inc. (Ny)

Name: Southwind Associates Of Nj Inc.
Address: 530 5 Th Ave, Ny, NY, 10036
Telephone: 212 546 6211

Southwind Associates Of Nj Inc. is a large advisory firm based in Ny. It manages $233.5 million of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, New Jersey, New York, and Texas.

Southwind Associates Of Nj provides portfolio management for individuals and small businesses 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.

Southwind Associates Of Nj: assets under management

The assets under management (AUM) of Southwind Associates Of Nj Inc. is $233.5 million. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.5 million in discretionary accounts and $130 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.31 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $32.5 million.

Southwind Associates Of Nj has custody of $24 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Southwind Associates Of Nj Inc. for their services and products based on a percentage of assets under management and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients William Scott Villafranco serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of William Scott Villafranco is charitable organizations with 2 clients and $130 million of assets under management. Among the 10 most similar advisory firms, Southwind Associates Of Nj has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $233.5 million for 28 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.

Southwind Associates Of Nj also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Southwind Associates Of Nj Inc.

The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

William Scott Villafranco has been acting as President since 1 Oct 1996. Joshua A. Prager joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Scott Villafranco	President	1 Oct 1996	75% - 100%	2190885
Anthony J. Laperuta	Vice president	1 Aug 1997	Other	4537857
Michael Donlan Delpozzo	V.p. marketing and sales	1 Jan 2002	Other	2306291
Anthony J. Laperuta	Vice president	1 May 2002	Other	4537857
Kim Marie Salandra	Chief operating officer	1 Jan 2004	Other	1744092
Cori Alyse Mullen	Chief compliance officer	1 May 2004	Other	2416883
Anthony Angelo Durkin	Executive vice president	1 Nov 2004	Other	1759179
Janet Mary Berkanish	Chief compliance officer	1 Jun 2005	Other	4988592
Anthony Angelo Durkin	Executive vice president	1 Jun 2005	Other	1759179
Joshua A. Prager	Chief compliance officer	1 Mar 2015	Other	6463009

Based in Ny

The principal office where Southwind Associates Of Nj Inc. performs its advisory services is located at 530 5 Th Ave, Ny, NY 10036, 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 212 546 6211 or by fax 917 591 6549. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at villafrancowealth.net.