Watters Financial Services, LLC (Paramus)


Watters Financial Services, LLC is an adviser based in Paramus. It manages $54.28 million of regulatory assets for 279 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Connecticut, New Hampshire, New Jersey, and New York.

Watters Financial Services provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Watters Financial Services: assets under management

The assets under management (AUM) of Watters Financial Services, LLC is $54.28 million. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $34.77 million in discretionary accounts and $19.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $214.66 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $166.68 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Watters Financial Services, LLC for their services and products based on a percentage of assets under management and hourly charges. 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.

Based in Paramus

The principal office where Watters Financial Services, LLC performs its advisory services is located at 16 Arcadian Avenue, Paramus, NJ 07652, 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 201-843-0044 or by fax 201-843-1171. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at www.wattersfinancial.com.