Securities Associates, Inc. (Armonk)

Name: Securities Associates, Inc.
Address: 80 Business Park Drive, Armonk, NY, 10504
Telephone: 914-273-6677

Securities Associates, Inc. is a large advisory firm based in Armonk. It manages $29.88 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Securities Associates 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.

Securities Associates: assets under management

The assets under management (AUM) of Securities Associates, Inc. is $29.88 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -47% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $29.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.27 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Securities Associates, Inc. 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 Securities Associates, Inc.

Randall Motland has been acting as President since 1 Nov 1981. Steven David Milanese joined the executive team most recently as the Asst. Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Randall Motland	President	1 Nov 1981	75% - 100%	4341957
Deborah Dekker	Director	1 Sep 1993	Other	4939514
Harvey M Abrams	Executive vice president	1 Sep 1994	Other	4341956
Daniel Hatch Hartshorne	Senior vice president	1 Sep 1994	Other	825165
Stacey Low	Director	1 Sep 1997	Other	4939521
Jr. Randall Kent Motland	Director	1 Sep 1997	Other	4341962
Jr. Randall Kent Motland	Vice president	1 Sep 1998	Other	4341962
Joseph Louis Pellegrino	Vice president	1 Oct 1999	Other	1376842
Joanne T. Gallagher	Secretary & treasurer	1 Oct 1999	Other	4341967
Steven David Milanese	Asst. vice president	1 Sep 2000	Other	1062790

Based in Armonk

The principal office where Securities Associates, Inc. performs its advisory services is located at 80 Business Park Drive, Armonk, NY 10504, 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 914-273-6677 or by fax 914-273-3304. The normal business hours are 9:00 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.sai-invest.com.