Aps Wealth Management, LLC is a large advisory firm based in Melville. It manages $138.59 million of regulatory assets for 257 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.
Aps Wealth Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Aps Wealth Management, LLC is $138.59 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Aps Wealth Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Aps Wealth Management is pension and profit sharing plans with 89 clients and $95.99 million of assets under management. Among the 8 most similar advisory firms, Aps Wealth Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $138.59 million for 177 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.
Aps Wealth Management doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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.
The principal office where Aps Wealth Management, LLC performs its advisory services is located at 1 Huntington Quadrangle, Melville, NY 11746, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (516) 228-8444 or by fax (516) 228-8457. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at apspension.com and its LinkedIn profile.