Circle Advisers Inc

CRD#110818
Investment Advisor Firm

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Learn more about Circle Advisers Inc

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Circle Advisers Inc is located at 420 Lexington Avenue, New York, NY. The firm employs 8 financial advisors to manage client portfolios and provide financial guidance. Circle Advisers Inc is not a registered broker-dealer.

    Circle Advisers Inc oversees $674.9 million in assets under management across 10,777 accounts, all of which are non-discretionary. Over the past year, the firm has provided financial planning services to between 251 and 500 clients. The services offered include financial planning services and portfolio management for individuals and small businesses. The firm caters to high net worth investors and pension plans, with high net worth investors being the largest client type by accounts. The fee structure at Circle Advisers Inc includes asset-based, hourly, and fixed fees. The firm has 354 high net worth clients and maintains affiliations with an insurance company or agency.

    Circle Advisers Inc is registered in the states of California, Colorado, Connecticut, Florida, Louisiana, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Texas, Vermont, and Virginia.

    Assets Under Management

    $674.9 million

    Number of Advisors

    8

    Disclosures

    No

    Office Location

    420 Lexington Avenue
    New York, NY 10170

    Circle Advisers Inc by the Numbers

    Total Assets Under Management

    $674.9 million

    National Average: $8.6 billion
    Total Number of Employees

    9

    National Average: 64
    Total Number of Accounts

    10,777

    National Average: 375,227
    Average Account Size

    $62.6 thousand

    National Average: $23.0 thousand
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    Products and Services

    Financial services provided by Circle Advisers Inc can include financial planning services and portfolio management for individuals and small businesses. In the past financial year, Circle Advisers Inc provided financial planning services to 251-500 of its clients. The Firm is engaged in selling products or offering services aside from investment advice to its clients.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

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    Fee Structure

    Fees for financial management typically depend on which services the firm provides the client. Fees charged by Circle Advisers Inc most likely include any blend of the following fee types: asset-based, hourly, or fixed.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The firm caters to high net worth investors and pension plans. Out of its 2 clients, Circle Advisers Inc's largest client type by number of accounts is high net worth investors, though it also manages money for 354 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 in AUM or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 98.33%
    • Other Individuals - 0%
    • Corporations - 1.67%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Circle Advisers Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Circle Advisers Inc

    Charles Winston
    New York, NY
    Carson Bidawid
    New York, NY
    Charles Martin
    New York, NY
    Richard Sendell
    New York, NY
    Jeffrey Golden
    New York, NY
    Patricia Eiden
    New York, NY
    Eric Block
    New York, NY
    Thomas Martin
    New York, NY

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    The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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