Pine Valley Investments Limited Liability Company (Cherry Hill)

Name: Pine Valley Investments Limited Liability Company
Address: 1810 Chapel Ave. West, Cherry Hill, NJ, 08002
Telephone: 856-334-8260

Pine Valley Investments Limited Liability Company is a large advisory firm based in Cherry Hill. It manages $424 million of regulatory assets for 1,056 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Delaware, Florida, and 7 other states.

Pine Valley Investments Limited Liability Company provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pine Valley Investments Limited Liability Company: assets under management

The assets under management (AUM) of Pine Valley Investments Limited Liability Company is $424 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 497% since the beginning of its operation, and $500 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $424 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $401.52 thousand each.

Pine Valley Investments Limited Liability Company has custody of $424 million in cash and securities for 292 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pine Valley Investments Limited Liability Company 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.

What kind of clients Pine Valley Investments Limited Liability Company serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Pine Valley Investments Limited Liability Company is high net worth individuals with 189 clients and $395 million of assets under management. Among the 9 most similar advisory firms, Pine Valley Investments Limited Liability Company has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $424 million for 292 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.

Pine Valley Investments Limited Liability Company doesn't advise any private funds.

Careers at Pine Valley Investments Limited Liability Company

The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives 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.

Pine Valley Investments Limited Liability Company is owned by Joseph Brian Duncan. Michael Ryan Modica joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Harry Edward Morad	Managing member & cco	1 Nov 2014	75% - 100%	5234497
Joseph Brian Duncan	Owner	1 Feb 2015	25% - 50%	4945837
Jared Brett Solomon	Silent owner	1 Feb 2015	Other	5990394
Howard Fred Solomon	Silent owner	1 Feb 2015	Other	23-2864555
Hf Solomon Family Ltd Partnership	Owner	1 Feb 2015	Other	23-2864555
Joseph B Duncan	Owner	1 Feb 2015	25% - 50%	4945837
Jared Solomon	Silent owner	1 Feb 2015	Other	5990394
Flp Hf Solomon Partnership	Silent owner	1 Feb 2015	Other	23-2864555
Michael Ryan Modica	Partner	1 Jan 2019	Other	6186360

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Natalie Solomon	Partner	1 Oct 1996	25% - 50%	6527409
Howard Solomon	Partner	1 Oct 1996	25% - 50%	6527812

Based in Cherry Hill

The principal office where Pine Valley Investments Limited Liability Company performs its advisory services is located at 1810 Chapel Ave. West, Cherry Hill, NJ 08002, 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 856-334-8260 or by fax 856-356-2598. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at pinevalleyinvestments.com.