Calton & Associates, Inc. (Tampa)

Calton & Associates 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 less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Calton & Associates: assets under management

The assets under management (AUM) of Calton & Associates, Inc. is $1.07 billion. The firm's AUM has grown by 1953% since the beginning of its operation, and $10 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.04 billion in discretionary accounts and $22.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $168.09 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $223.5 thousand.

Calton & Associates has custody of $177.78 million in cash and securities for 649 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 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in non-exchange traded securities form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Calton & Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Scott Henry Sherwood 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 Scott Henry Sherwood is individuals with 4,714 clients and $666.24 million of assets under management. Among the 7 most similar advisory firms, Calton & Associates has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.07 billion for 4,990 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Calton & Associates doesn't advise any private funds.

Careers at Calton & Associates, Inc.

The company employs 362 people that are either part- or full-time employees. 52 percent of the employees work as investment advisers or researchers. 155 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.

Scott Henry Sherwood has been acting as President since 1 Sep 2012. The Louis Ciccati And Adeline Carmela Ciccati Revocable Trust joined the executive team most recently as the Shareholder, Louis Ciccati And Adeline Carmela Ciccati, Ttee.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 5 indirect owners.

Based in Tampa

The principal office where Calton & Associates, Inc. performs its advisory services is located at 2701 N. Rocky Point Drive, Tampa, FL 33607, which is also the mailing address of the firm. An additional office of the firm is in Teaneck, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 813-264-0440 or by fax 813-264-9712. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at caltonadvisors.com.

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