Appel Asset Management Corporation is a large advisory firm based in Great Neck. It manages $60.6 million of regulatory assets for 100 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, New Jersey, and 3 other states.
Appel Asset Management Corporation provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and market timing services. 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 Appel Asset Management Corporation is $60.6 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Appel Asset Management Corporation 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.
Gerald Appel has been acting as President since 1 Nov 1995. Marvin Appel joined the executive team most recently as the Chairman, Ceo, Shareholder.
The principal office where Appel Asset Management Corporation performs its advisory services is located at 150 Great Neck Rd, Great Neck, NY 11021, 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 516-487-7146 or by fax 516-829-1169. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at www.signalert.com.