Asset & Financial Planning, Ltd (Poughkeepsie)

Asset & Financial Planning, Ltd is a large advisory firm based in Poughkeepsie. It manages $316.9 million of regulatory assets for 2,395 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Asset & Financial Planning provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Asset & Financial Planning: assets under management

The assets under management (AUM) of Asset & Financial Planning, Ltd is $316.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 154% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $316.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $132.32 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Asset & Financial Planning, Ltd for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Asset & Financial Planning, Ltd

Michael Peter Ryan has been acting as President since 1 May 1983. Gerard Michael Morra joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Peter Ryan	President/treasurer	1 May 1983	Other	4390441
Ralph Anthony Porpora	Vice-president secretary	1 Sep 1994	Other	1077716
Nancy Elaine Southard	Chief compliance officer	1 Feb 1998	Other	3029605
Carole Ellen Enisman	Chief operations officer	1 Dec 1998	Other	1201809
Carole Ellen Enisman Ryan	Director	1 Dec 1998	Other	1201809
Inc. Gilman & Ciocia	Owning company	1 Apr 1999	75% - 100%	11-2587324
James Cosmo Ciocia	Director/vice president	1 Apr 1999	Other	1619245
Thomas Povinelli	Director/ vice president	1 Apr 1999	Other	1326492
Kathryn Travis	Director/ vice president	1 Apr 1999	Other	2161505
Stephen Bruce Sacher	Chief financial officer	1 Apr 1999	Other	3178475
Seth A Akabas	Director	1 Apr 1999	Other	3238621
Inc. Gilman + Ciocia	Owning company	1 Apr 1999	75% - 100%	11-2587324
Dennis Michael Conroy	Chief financial officer, treasurer & director	1 Apr 1999	Other	3222121
Inc. Gilman Ciocia	Owner	1 Apr 1999	75% - 100%	11-2587324
Ted H Finkelstein	Chief legal officer, vice president & director	1 Jun 2001	Other	4609169
Christopher John Motta	Vice president operations	1 Aug 2002	Other	2741133
Cynthia La Rosa	Chief compliance officer	1 Apr 2003	Other	2459459
Rose Moffett Rudden	Chief compliance officer	1 Apr 2005	Other	1366653
Rose (Nmn) Moffett Rudden	Chief compliance officer	1 Apr 2005	Other	1366653
Christopher Raymond Kelly	General counsel	1 Aug 2005	Other	4886001
Kathryn Travis	Secretary	1 Dec 2006	Other	2161505
Ted H Finkelstein	General counsel	1 Jan 2007	Other	4609169
Ted H (Mi Only) Finkelstein	General counsel, vice president & secretary	1 Jan 2007	Other	4609169
Amy Ann Napolitano	Director operations	1 Mar 2008	Other	4024302
Karen Fisher Kisak	Financial operations officer	1 Mar 2008	Other	5506024
Karen Fisher	Treasurer & financial operations officer	1 Mar 2008	Other	5506024
Karen Nmn Fisher	Treasurer & financial operations officer	1 Mar 2008	Other	5506024
Gerard M. Morra	Chief compliance officer	1 Aug 2010	Other	4553554
Christopher John Motta	Secretary	1 Aug 2010	Other	2741133
Gerard M. Mi Only Morra	Chief compliance officer	1 Aug 2010	Other	4553554
William J Burns	Chief compliance officer	1 Sep 2010	Other	2058159
John Joseph Palma	Secretary	1 May 2011	Other	5603739
Carleton Glen Mcbride	Chief compliance officer	1 Aug 2011	Other	1051619
John Joseph Palma	Chief financial officer	1 Feb 2012	Other	5603739
Jenny Alice Duncan	Chief compliance officer	1 Apr 2012	Other	1207204
Marshall Ian Baron	Chief compliance officer	1 Jul 2012	Other	2318482
Ivan Hugh Greenstein	Chief financial officer	1 May 2013	Other	2626704
Gerard Michael Morra	Chief compliance officer	1 Nov 2013	Other	4553554

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ltd Wynnefield Small Cap Value Offshore Fund	Shareholder owns 12 million common shares and is a member of schedule 13d group which collectively controls 33.4%	1 Aug 2007	Other	98-0526953
Wynnefield Partners Small Cap Value L.P.	Shareholder owns 8million common shares and is a member of schedule 13d group which collectively controls 33.4%	1 Aug 2007	Other	13-3688497
Nelson Jay Obus	Beneficial owner of 30million common shares and a member of a schedule 13d group which controls 33.4%	1 Aug 2007	Other	1039098
Wynnefield Partners Small Cap Value L.P. I	Shareholder owns 10million common shares and is a member of schedule 13d group which collectively controls 33.4%	1 Aug 2007	Other	13-3953291
Llc Wynnefield Capital Management	Gp of 2 shareholders owning 18 million common shares which are members of schedule 13d group which controls 33.4%	1 Aug 2007	Other	13-4018186
Inc. Wynnefield Capital	Investment mgr. of 1 shareholder which owns 12 million common shares which is a member of sch. 13d group which controls 33.4%	1 Aug 2007	Other	13-3688495
Joshua Haim Landes	Beneficial owner of 30million common shares and a member of a schedule 13d group which controls 33.4%	1 Aug 2007	Other	1318255
National Holdings Corporation	Parent / owner	1 Nov 2013	75% - 100%	36-4128138

Based in Poughkeepsie

The principal office where Asset & Financial Planning, Ltd performs its advisory services is located at 11 Raymond Avenue, Poughkeepsie, NY 12603, which is also the mailing address of the firm. An additional office of the firm is in Tampa, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 845-485-3338 or by fax 845-625-1546. The normal business hours are 8:30-5:00 on Monday - Friday.