Oceanfirst Bank (Toms River)

Name: Oceanfirst Bank
Address: 975 Hooper Avenue, Toms River, NJ, 08754
Telephone: 732-240-4500

Oceanfirst Bank is a large advisory firm based in Toms River. It manages $46.3 million of regulatory assets for 66 client accounts. It has been registered with the SEC as an adviser since 2004.

Oceanfirst Bank provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Oceanfirst Bank: assets under management

The assets under management (AUM) of Oceanfirst Bank is $46.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $46.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $701.56 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Oceanfirst Bank for their services and products based on a percentage of assets under management. 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.

Careers at Oceanfirst Bank

John W Chadwick has been acting as President since 1 Feb 2002. Joseph J Burke joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frederick E Schlosser	Director	1 Jun 1968	Other	4881424
John R Garbarino	Chief executive officer	1 Mar 1984	Other	4881374
Donald E Mclaughlin	Director	1 Mar 1985	Other	4881415
John K Kelly	General counsel/corporate secy	1 Apr 1988	Other	4881382
Carl Feltz	Director	1 Jan 1990	Other	4881402
James T Snyder	Director	1 Jan 1991	Other	4881426
Michael J Fitzpatrick	Chief financial officer	1 Sep 1992	Other	4881376
Oceanfirst Financial Corp	Holding company	1 Nov 1995	Other	22-3412577
Diane F Rhine	Director	1 Feb 1997	Other	4881419
Michael M O'brien	Sr vp & sr trust officer	1 Sep 1999	Other	4881390
Christine Tamke	Avp & trust officer	1 Feb 2000	Other	4881394
John E Walsh	Director	1 Aug 2000	Other	4881428
John W Chadwick	Director	1 Feb 2002	Other	4881397
Catherine Farley	Avp & trust officer	1 Mar 2002	Other	4881395
Robert A Laskowski	Treasurer	1 Apr 2002	Other	4881388
Eileen Bergin	Chief compliance officer	1 Jul 2003	Other	4881384
Robert M Pardes	Chief lending officer	1 Dec 2003	Other	4881380
Joseph I Iantosca	Chief administrative officer	1 Feb 2004	Other	4881381
Vito Nardelli	Chief sales officer	1 Jun 2004	Other	4881378
Joseph J Burke	Director	1 Jan 2005	Other	5114140

Based in Toms River

The principal office where Oceanfirst Bank performs its advisory services is located at 975 Hooper Avenue, Toms River, NJ 08754, 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 732-240-4500 or by fax 732-473-0156. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at www.oceanfirst.com.