Kistler Tiffany Companies, LLC (Berwyn)

Name: Kistler Tiffany Companies, LLC
Address: 200 Berwyn Park, Berwyn, PA, 19312 1178
Telephone: 610-722-3300

Kistler Tiffany Companies, LLC is a large advisory firm based in Berwyn. It manages $714.46 million of regulatory assets for 2,152 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Connecticut, Delaware, and 8 other states.

Kistler Tiffany Companies provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Kistler Tiffany Companies: assets under management

The assets under management (AUM) of Kistler Tiffany Companies, LLC is $714.46 million. The firm's AUM has grown by 103% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $669.27 million in discretionary accounts and $45.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $341.46 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $235.36 thousand.

Kistler Tiffany Companies has custody of $103.51 million in cash and securities for 112 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kistler Tiffany Companies, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Kistler Tiffany Companies serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Kistler Tiffany Companies is high net worth individuals with 170 clients and $504.59 million of assets under management. Among the 10 most similar advisory firms, Kistler Tiffany Companies has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $714.46 million for 616 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.

Kistler Tiffany Companies doesn't advise any private funds.

Careers at Kistler Tiffany Companies, LLC

The company employs 13 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Hambleton Arnold	Managing member/principal	1 Jan 2003	25% - 50%	1164251
David Stanley Kovach	Managing member/principal	1 Jan 2003	25% - 50%	2069842
Jeffrey Allen Morrison	Managing member/principal	1 Jan 2003	25% - 50%	1689777
Andrew Michael Reder	Managing member/principal	1 Jan 2003	25% - 50%	1564305
Andrew M Reder	Chief compliance officer/managing member/principal	1 Jan 2003	25% - 50%	1564305
Derek Keith Ralph	Chief compliance officer (cco)	1 Apr 2005	Other	2617620
Catrina Joelle Reagan	Chief compliance officer	1 Jul 2014	Other	5161024

Based in Berwyn

The principal office where Kistler Tiffany Companies, LLC performs its advisory services is located at 200 Berwyn Park, Berwyn, PA 19312 1178, which is also the mailing address of the firm. An additional office of the firm is in Flemington, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-722-3300 or by fax 610-722-3301. The normal business hours are 8:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at kistlertiffany.com.