Linwood Investment Advisors Inc. (Cheektowaga)

Name: Linwood Investment Advisors Inc.
Address: 4455 Genesee St, Cheektowaga, NY, 14225
Telephone: 716-631-6771

Linwood Investment Advisors Inc. is a large advisory firm based in Cheektowaga. It manages $214.01 million of regulatory assets for 603 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida and New York.

Linwood Investment Advisors provides portfolio management for individuals and small businesses and pension consulting 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.

Linwood Investment Advisors: assets under management

The assets under management (AUM) of Linwood Investment Advisors Inc. is $214.01 million. The firm's AUM has grown by 560% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $163.2 million in discretionary accounts and $50.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $280.9 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.31 million.

Investments

The firm invests in investment and business development companies the most. They account for 81% of the total AUM. The second-largest asset type is exchange traded securities, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Linwood Investment Advisors Inc. 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 Anthony J. Bonaventura serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Anthony J. Bonaventura is high net worth individuals with 67 clients and $116.71 million of assets under management. Among the 10 most similar advisory firms, Linwood Investment Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $214.01 million for 218 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.

Linwood Investment Advisors doesn't advise any private funds.

Careers at Linwood Investment Advisors Inc.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Anthony J. Bonaventura has been acting as President since 1 May 1997. Brian Michael Geary joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Patrick Feeley	Secretary	1 May 1997	Other	4649710
Anthony John Bonaventura	Shareholder	1 May 1997	Other	4649718
Thomas Donald Hyzy	Shareholder	1 May 1997	Other	4649720
Joseph P. Feeley	Chief compliance officer	1 May 1997	25% - 50%	4649710
Anthony J. Bonaventura	Director	1 May 1997	25% - 50%	4649718
Thomas D. Hyzy	Director	1 May 1997	25% - 50%	4649720
Brian Michael Geary	Chief compliance officer	1 Mar 2012	50% - 75%	4521671

Based in Cheektowaga

The principal office where Linwood Investment Advisors Inc. performs its advisory services is located at 4455 Genesee St, Cheektowaga, NY 14225, which is also the mailing address of the firm. An additional office of the firm is in Williamsville, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 716-631-6771 or by fax 716-408-1635. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at linwoodinvestment.com.