Lbi Wealth Management, LLC (Saddle River)

Lbi Wealth Management, LLC is a large advisory firm based in Saddle River. It manages $589.33 million of regulatory assets for 80 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of New Jersey and Pennsylvania.

Lbi Wealth Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and wealth management. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lbi Wealth Management: assets under management

The assets under management (AUM) of Lbi Wealth Management, LLC is $589.33 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $589.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.37 million each.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is investment and business development companies, which make up 11% of the firm’s portfolio. Investments in non-exchange traded securities form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lbi Wealth Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Maryann Bryla serves?

The only and largest group of clients of Maryann Bryla is high net worth individuals with 18 clients and $587.36 million of assets under management. Among the 10 most similar advisory firms, Lbi Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $587.36 million for 18 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Lbi Wealth Management doesn't advise any private funds.

Careers at Lbi Wealth Management, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Maryann Bryla has been acting as President since 1 Oct 2010. Maryann Nmn Bryla joined the executive team most recently as the Managing Member/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Maryann Nmn Bryla	Managing member/chief compliance officer	1 Oct 2010	75% - 100%	4570433
Maryann Bryla	President/chief compliance officer	1 Oct 2010	75% - 100%	4570433

Based in Saddle River

The principal office where Lbi Wealth Management, LLC performs its advisory services is located at 27 Old Woods Rd, Saddle River, NJ 07458 The mailing address of the firm is P.O. Box 413, Saddle River, NJ 07458 0413. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 201-638-5256 or by fax 888-874-7891. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday.