Trubee, Collins & Co., Inc. (Buffalo)

Name: Trubee, Collins & Co., Inc.
Address: 1350 One M & T Plaza, Buffalo, NY, 14203
Telephone: 716-849-1401

Trubee, Collins & Co., Inc. is a large advisory firm based in Buffalo. It manages $265.5 million of regulatory assets for 501 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Georgia, and 8 other states.

Trubee, Collins & Co. provides portfolio management for individuals and small businesses 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.

Trubee, Collins & Co.: assets under management

The assets under management (AUM) of Trubee, Collins & Co., Inc. is $265.5 million. The firm's AUM has grown by 962% since the beginning of its operation, and $3.2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $194.24 million in discretionary accounts and $71.26 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $462.46 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $879.81 thousand.

Trubee, Collins & Co. has custody of $265.5 million in cash and securities for 501 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trubee, Collins & Co., Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Trubee, Collins & Co. serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Trubee, Collins & Co. is high net worth individuals with 53 clients and $139.1 million of assets under management. Among the 8 most similar advisory firms, Trubee, Collins & Co. has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $265.5 million for 503 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.

Trubee, Collins & Co. doesn't advise any private funds.

Careers at Trubee, Collins & Co., Inc.

The company employs 14 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 10 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edwin Mcclellan Jr Johnston	Co-chairman of the board	1 Dec 1991	Other	260546
Anthony Frank Frandina	Vice president / secretary - treasurer	1 Dec 1991	Other	212689
William John Bredenberg	Vice president	1 Dec 1991	Other	29533
Jeffrey Allan Bowen	Vice president, srop, crop	1 Dec 1991	Other	832583
Edwin Mcclellan Johnston	Co-chairman of the board	1 Dec 1991	Other	260546
Robert Earl Quinn	Vice president	1 Dec 1991	Other	369504
Jack Carl Reukauf	Vice president	1 Dec 1991	Other	374443
Angeline Dinatale Webb	Vice president	1 Dec 1991	Other	1194146
Thomas Gerard Vossler	Vice president	1 Jan 1997	Other	1036328
William Henry Richardson	Co-chairman of the board	1 Jan 1998	Other	375869
William Robert Pictor	President, branch manager, chief compliance officer, & ceo	1 Jan 1998	Other	858533
Michael Forman Sheets	Vice president, finop, & cfo	1 Jan 1998	Other	734238
Stephen Errol Bookbinder	Vice president	1 Jan 2001	Other	1263051
Charles Ernest Gelo	Vice president	1 Apr 2009	Other	2356060
Thomas Richard Turk	Vice president	1 Oct 2009	Other	723048
John David Shine	Vice president	1 Nov 2014	Other	6416650
Edwin Mcclellan Jr Johnston	Retired	1 Dec 2016	Other	xxx-xx-xxxx

Based in Buffalo

The principal office where Trubee, Collins & Co., Inc. performs its advisory services is located at 1350 One M & T Plaza, Buffalo, NY 14203, 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 716-849-1401 or by fax 716-849-0144. The normal business hours are 9:00 am - 4:45 pm on Monday - Friday. You can find more information about the New York firm at trubeecollins.com.