Sevenbridge Financial Group, LLC (Harrisburg)


Sevenbridge Financial Group, LLC is a large advisory firm based in Harrisburg. It manages $256.4 million of regulatory assets for 1,022 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Colorado, Florida, Maryland, and 4 other states.

Sevenbridge Financial Group 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 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sevenbridge Financial Group: assets under management

The assets under management (AUM) of Sevenbridge Financial Group, LLC is $256.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $256.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $250.88 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is investment and business development companies, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sevenbridge Financial Group, 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.

What kind of clients Sevenbridge Financial Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Sevenbridge Financial Group is high net worth individuals with 86 clients and $174 million of assets under management. Among the 12 most similar advisory firms, Sevenbridge Financial Group has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $256.4 million for 318 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.

Sevenbridge Financial Group doesn't advise any private funds.

Careers at Sevenbridge Financial Group, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Daniel Adam Bernstein Chief compliance officer 1 Jul 2015 Other 2531346
Llc Interim Holdings Managing member 1 Jul 2015 75% - 100% 45-0592675
Lawrence John Defluri Member 1 Aug 2015 50% - 75% 2788563
Charles Ronald Eberly Member 1 Aug 2015 50% - 75% 2279144
Michael Mcconahy Chief compliance officer 1 Aug 2015 Other 5587133
Llc Sevenbridge Financial Holdings Holding company 1 Oct 2018 75% - 100% 83-1958026

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc 7b Holdings Managing member 1 Oct 2018 75% - 100% 83-2068955
Charles Ronald Eberly Managing member 1 Oct 2018 50% - 75% 2279144
Lawrence John Defluri Managing member 1 Oct 2018 50% - 75% 2788563

Based in Harrisburg

The principal office where Sevenbridge Financial Group, LLC performs its advisory services is located at 3401 North Front Street, Harrisburg, PA 17110, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (717) 775-8662. The normal business hours are 8:15am - 5:00pm on Monday - Friday.