First Long Island Investors, LLC
Answer a few questions and
get matched with an advisor.
Learn more about First Long Island Investors, LLC
Overview
First Long Island Investors, LLC operates as a financial advisory company that has its headquarters in Jericho, New York. The firm manages $1.3 billion in total assets throughout 806 accounts, placing it among the biggest firms in the United States by assets under management (AUM). It has a small group, including 8 financial advisors. First Long Island Investors, LLC does not act as a registered broker-dealer, signifying that it is not able to buy and sell securities for its clients' and own accounts and instead must go through a broker-dealer firm to do so. Securities are defined as tradable fiscal assets like stocks, options and bonds.
First Long Island Investors, LLC oversees all of its accounts on a discretionary basis. Discretionary management is a structure in which a portfolio manager has the discretion to make buy and sell choices without needing to seek the customer's consent. The advisory firm supervises roughly $1.7 million in assets for every customer account. The average advisor at First Long Island Investors, LLC oversees around 101 client accounts.
First Long Island Investors, LLC's central office is located at One Jericho Plaza, Jericho, New York 11753. It is legally registered to serve clients throughout a few states, including California, Connecticut, Florida, New Hampshire, New Jersey, New York and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
First Long Island Investors, LLC by the Numbers
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/assets@2x.png)
$1.3 billion
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/employees@2x.png)
25
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/accounts@2x.png)
806
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/account-size@2x.png)
$1.7 million
Products and Services
First Long Island Investors, LLC provides a number of services, which can include portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, selection of other advisers and other services. First Long Island Investors, LLC does sell products or offer services other than investment advisory services to its clients. The company is also affiliated with one or more other companies in the financial services industry, including with a broker-dealer or securities dealer and insurance company or agency.
Core Advisor Services
-
Find a firm that offers this service
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
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial advisory fees usually depend on which services the firm provides the client. Fee types billed by the firm most likely include some combination of the following fee structures: asset-based, fixed or performance-based. First Long Island Investors, LLC does not provide a wrap fee program, in which the company offers a bundle of services for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
First Long Island Investors, LLC manages money for a number of different clients. The company works with retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations and corporations. Out of its 806 customers, First Long Island Investors, LLC's biggest client type is high net worth investors, but it also manages money for 206 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual 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). None of the company's clients are non-U.S. persons.
- High-Net-Worth Individuals* - 52.28%
- Other Individuals - 38.07%
- Corporations - 7.11%
- Charitable Organizations - 2.54%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
First Long Island Investors, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at First Long Island Investors, LLC
Jericho, NY
Jericho, NY
Jericho, NY
Jericho, NY
Jericho, NY
Jericho, NY
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. 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.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.