Forbes Family Trust

CRD#151225
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

Forbes Family Trust is a financial advisory firm located in Conshohocken, Pennsylvania. Forbes Family Trust manages $1.4 billion in assets under management over 152 client accounts, placing it among the largest financial advisory firms in the United States by assets under management (AUM). Forbes Family Trust has a small team of 24 employees, thirteen of whom are financial advisors. Forbes Family Trust is not a registered broker-dealer, meaning the company cannot buy and sell securities for its accounts and those of its clients and instead must go through a broker-dealer company to do so. Securities are exchangable financial investments like stocks, options and bonds.

Forbes Family Trust administers 112 of the firm's accounts on a discretionary basis. Discretionary management is a structure in which transaction decisions are made by a portfolio manager without requiring the client's consent. The firm also manages 40 non-discretionary accounts totaling $891.3 million in assets. Forbes Family Trust's average account size is $9.1 million. The average advisor at Forbes Family Trust manages around 12 client accounts, making it one of the more individualized advisor firms in the country.

The firm's main office is at One Tower Bridge, Conshohocken, Pennsylvania 19428. Forbes Family Trust is legally registered to serve customers throughout a number of states, including Florida, New York and Pennsylvania.

Assets Under Management

$1.4 billion

Number of Advisors

13

Disclosures

No

Office Location

One Tower Bridge
Conshohocken, PA 19428

Forbes Family Trust by the Numbers

Total Assets Under Management

$1.4 billion

National Average: $3.3 billion
Total Number of Employees

24

National Average: 31
Total Number of Accounts

152

National Average: 1,935
Average Account Size

$9.1 million

National Average: $1.7 million

Find a dedicated advisor for your needs

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.

Back to Overview

Products and Services

Forbes Family Trust offers multiple financial services, which can include financial planning services, portfolio management for individuals and small businesses and selection of other advisers. In the last financial year, the company provided 11-25 of its accounts with financial planning services. Forbes Family Trust does not sell products or offer services aside from investment advice to its investment advisory accounts. Forbes Family Trust is also affiliated with a number of other service providers in the financial services industry, including with a commodity pool advisor.

Core Advisor Services

  • Offered by 44% 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 61% 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 23% 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.

Back to Overview

Fee Structure

Fees charged by financial advisors typically depend on which service is offered. However, fees billed by the company most likely consist of the following fee structures: asset-based or fixed. The firm does not supply a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.

Available

  • Offered by 72% 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 39% 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 35% of firms that offer this fee type

    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.

  • Find one of the 2% 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 17% 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 1% 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 12% 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

Forbes Family Trust provides services to high net worth investors. Out of its 152 accounts, Forbes Family Trust's biggest client is high net worth investors, although it also manages money for 20 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 under management or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its accounts are from outside of the U.S.

  • High-Net-Worth Individuals* - 100%
  • Other Individuals - 0%
  • 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.

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.

Back to Overview

Disclosures

Forbes Family Trust does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

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.

Back to Overview

Financial Advisors at Forbes Family Trust

Felitsa Kapsas
Conshohocken, PA

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

Back to Overview

This content was compiled from the SEC and FINRA