Michael J. Porro & Co. Financial Advisor LLC is an adviser based in Old Tappan. It manages $43.34 million of regulatory assets for 277 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of New Jersey.
Michael J. Porro & Co. Financial Advisor provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Michael J. Porro & Co. Financial Advisor LLC is $43.34 million. The firm's AUM has gone down by -48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Michael J. Porro & Co. Financial Advisor LLC for their services and products based on a percentage of assets under management and hourly charges. 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.
The principal office where Michael J. Porro & Co. Financial Advisor LLC performs its advisory services is located at 180 Old Tappan Road, Bldg.#5, Old Tappan, NJ 07675 7052, 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 201-768-0218 or by fax 201-768-6467. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at www.porrofinancialadvisors.com.