Pivotal Planning Group, LLC is a large advisory firm based in Melville. It manages $273.55 million of regulatory assets for 586 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Connecticut, Florida, and 6 other states.
Pivotal Planning Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. 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 Pivotal Planning Group, LLC is $273.55 million. The firm's AUM has grown by 772% 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 Pivotal Planning Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Pivotal Planning Group is high net worth individuals with 114 clients and $170.64 million of assets under management. Among the 12 most similar advisory firms, Pivotal Planning Group has the 6th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $273.55 million for 234 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.
Pivotal Planning Group doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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 receive compensation from other entities for client referrals.
The principal office where Pivotal Planning Group, LLC performs its advisory services is located at 534 Broadhollow Road, Melville, NY 11747, which is also the mailing address of the firm. An additional office of the firm is in Virginia Beach, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 516-333-6565 or by fax 516-338-8862. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at pivotalplanning.com.