Symphonic Financial Advisors LLC (New York)

Name: Symphonic Financial Advisors LLC
Address: 400 Park Avenue, New York, NY, 10022
Telephone: 212-702-3500

Symphonic Financial Advisors LLC is a large advisory firm based in New York. It manages $122.85 million of regulatory assets for 1,325 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Symphonic Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Symphonic Financial Advisors: assets under management

The assets under management (AUM) of Symphonic Financial Advisors LLC is $122.85 million. The firm's AUM has grown by 1047% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $113.63 million in discretionary accounts and $9.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $88.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $204.96 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 19% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Symphonic Financial Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Todd D Bothwell serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Todd D Bothwell is individuals with 1,301 clients and $117.94 million of assets under management. Among the 9 most similar advisory firms, Symphonic Financial Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $122.85 million for 1,346 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.

Symphonic Financial Advisors doesn't advise any private funds.

Careers at Symphonic Financial Advisors LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 21 people 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.

Todd D Bothwell has been acting as President since 1 May 2005. Michael Joseph Nunnelee joined the executive team most recently as the Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc City National Rochdale Holdings	Managing member	1 Apr 2005	Other	20-2931739
Acebes D'allessandro & Associates Llc	Member	1 Apr 2005	75% - 100%	20-2931739
Acebes D'alessandro & Associates Llc	Member	1 Apr 2005	75% - 100%	20-2931739
Carl Acebes	Chairman emeritus	1 Apr 2005	Other	664
Garrett Richard Dalessandro	President, ceo, cio and board member	1 May 2005	Other	1910929
Joseph Seth Englander	Secretary	1 May 2005	Other	2233421
Jane Freeman Molbert	Treasurer	1 May 2005	Other	3255887
Kurt Alexander Hawkesworth	Chief compliance officer	1 May 2005	Other	4043037
Todd D Bothwell	President	1 May 2005	Other	859176
Carl Acebes	Chairman	1 May 2005	Other	664
Mark Roy Mcauley	Executive vice president	1 Jun 2005	Other	1329070
Edmund Lawrence Towers	Chief financial officer	1 Jul 2005	Other	1615317
Dean Thomas Russell	Vice president	1 Sep 2005	Other	1396060
Beth Ann Hearn	Vice president	1 Sep 2005	Other	1604926
Esmat Bahar Matin	Chief compliance officer	1 Feb 2007	Other	5009122
Gregg Robert Giaquinto	Executive vice president	1 Feb 2007	Other	3182583
Esmat Bahar Hawkesworth	Chief compliance officer	1 Feb 2007	Other	5009122
Kurt Alexander Hawkesworth	Chief operating officer and board member	1 Feb 2008	Other	4043037
William Christopher O'donnell	Chief financial officer	1 Jul 2011	Other	4346930
Richard Scott Gershen	Board member	1 Jul 2012	Other	2192421
William Jay Freeman	Board member	1 Jul 2012	Other	4650630
Richard Howard Adler	Board member	1 Jul 2012	Other	2102059
Francesco Michael Gozzillo	Chief compliance officer	1 Jan 2013	Other	2099916
Scott Nathan Brody	Chief compliance officer	1 Jan 2018	Other	2890610
Michael Steele Lukaj	Chief compliance officer	1 Mar 2018	Other	5448713
Don James Andrews	Chief compliance officer	1 Feb 2019	Other	2406739
Michael Joseph Nunnelee	Board member	1 Apr 2019	Other	1712245

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Carl Acebes	Director	1 Jan 1975	75% - 100%	664
City National Corporation	Owner	1 Mar 2001	75% - 100%	95-2568550
Rochdale Corporation	Member	1 May 2005	50% - 75%	04-2547905
City National Bank	Managing member of cnr holdings, llc	1 Jul 2012	75% - 100%	95-1780067
Rbc Usa Holdco Corporation	Owner	1 Nov 2015	75% - 100%	20-0563684
Royal Bank Of Canada	Ultimate owner	1 Nov 2015	75% - 100%	13-5357855

Based in New York

The principal office where Symphonic Financial Advisors LLC performs its advisory services is located at 400 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Lutherville, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-702-3500 or by fax 212-702-3535. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at symphonicfa.com/.