Bishop & Associates Inc is a large advisory firm based in Philadelphia. It manages $124.67 million of regulatory assets for 87 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New Jersey and Pennsylvania.
Bishop & Associates provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Bishop & Associates Inc is $124.67 million. The firm's AUM has gone down by -18% since the beginning of its operation, and $64.56 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Bishop & Associates Inc for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Henry Raymond Kwiecinski is corporations or other businesses with 4 clients and $63.6 million of assets under management. Among the 8 most similar advisory firms, Bishop & Associates has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $124.67 million for 39 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Bishop & Associates also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 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.
Henry Raymond Kwiecinski has been acting as President since 1 Jan 1993. Andrew Achenbach joined the executive team most recently as the Associate Vice President.
The principal office where Bishop & Associates Inc performs its advisory services is located at 1617 John F Kennedy Blvd, Philadelphia, PA 19103, 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 215-568-5450 or by fax 215-568-1914. The normal business hours are 9:00am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at bishop-associates.com and its LinkedIn profile.