Bloomberg Wealth LLC is a large advisory firm based in New York. It manages $220.65 million of regulatory assets for 376 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Bloomberg Wealth provides portfolio management for individuals and small businesses, publication of newsletters, and educational seminars and workshops. 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 Bloomberg Wealth LLC is $220.65 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Bloomberg Wealth LLC for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
John Donald Michel has been acting as President since 1 Nov 2010. Richard Kaltman Descherer joined the executive team most recently as the Secretary.
The principal office where Bloomberg Wealth LLC performs its advisory services is located at 120 Park Avenue, New York, NY 10017 5577, which is also the mailing address of the firm. An additional office of the firm is in Skillman, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 855-999-9325 or by fax 646-324-1005. The normal business hours are 9 a.m. - 5 p.m. (est) on Monday - Friday. You can find more information about the New York firm at www.bloombergblack.com.