Makrod Investment Associates Inc (Verona)

Name: Makrod Investment Associates Inc
Address: 44 Ann Street, Verona, NJ, 07044
Telephone: 973-239-1033

Makrod Investment Associates Inc is a large advisory firm based in Verona. It manages $524.38 million of regulatory assets for 396 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New Jersey.

Makrod Investment Associates 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.

Makrod Investment Associates: assets under management

The assets under management (AUM) of Makrod Investment Associates Inc is $524.38 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Makrod Investment Associates Inc for their services and products based on a percentage of assets under management. 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 John Thomas O'donnell serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of John Thomas O'donnell is high net worth individuals with 250 clients and $447.19 million of assets under management. Among the 9 most similar advisory firms, Makrod Investment Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $505.3 million for 393 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.

Makrod Investment Associates doesn't advise any private funds.

Careers at Makrod Investment Associates Inc

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

John Thomas O'donnell has been acting as President since 1 Jan 1974. Kathryn Rose O'donnell joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Thomas O'donnell	President	1 Jan 1974	50% - 75%	4379415
Mary Cecilia Reis O'donnell	Secretary treasurer	1 Jan 1974	50% - 75%	4379421
Kathryn Rose O'donnell	Chief compliance officer	1 Sep 2004	Other	4950107

Based in Verona

The principal office where Makrod Investment Associates Inc performs its advisory services is located at 44 Ann Street, Verona, NJ 07044, 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 973-239-1033 or by fax 973-239-8179. The normal business hours are 9 a.m to 5 p.m. on Monday - Friday. You can find more information about the New York firm at makrodinvestment.com.