Engleson & Associates

CRD#126349
Investment Advisor Firm

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Learn more about Engleson & Associates

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Engleson & Associates is located at 930 East Avenue, Rochester, NY. The firm employs 2 financial advisors to manage client portfolios and provide financial guidance. Engleson & Associates is not a registered broker-dealer.

    Engleson & Associates oversees $85.6 million in assets under management across 526 accounts, of which 513 are discretionary and 13 are non-discretionary. The services offered include portfolio management for individuals and small businesses, and portfolio management for institutional clients. The firm caters to retail investors and high net worth investors, with retail investors being the largest client type by accounts. The fee structure at Engleson & Associates includes asset-based, hourly, fixed, and commission-based fees. The firm has 64 high net worth clients and maintains affiliations with a lawyer or law firm.

    Engleson & Associates is registered in the states of Florida, New York, and Pennsylvania.

    Assets Under Management

    $85.6 million

    Number of Advisors

    2

    Disclosures

    No

    Office Location

    930 East Avenue
    Rochester, NY 14607

    Engleson & Associates by the Numbers

    Total Assets Under Management

    $85.6 million

    National Average: $8.6 billion
    Total Number of Employees

    2

    National Average: 64
    Total Number of Accounts

    526

    National Average: 375,227
    Average Account Size

    $162.7 thousand

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees largely depend on which service is offered. Fees charged by Engleson & Associates likely include any combination of the following fee structures: asset-based, hourly, fixed, or commission-based.

    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 1% of firms

      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.

    • 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 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.

    Back to Overview

    Types of Clients

    The company caters to retail investors and high net worth investors. Out of its 2 clients, Engleson & Associates's largest client type by number of accounts is high net worth investors, though it also serves 64 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 under management or a net worth of at least $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 21.26%
    • Other Individuals - 78.74%
    • Corporations - 0%
    • 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

    Engleson & Associates does not have any disclosures.

    Please visit its Form ADV for more details.

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