Firm Information

Compensation
Fee-Only (AUM)
Number of Advisors
38 advisors
Number of Clients
221 clients
Average Client Portfolio
$845K average
Assets Under Management
$186.8M

Fee Structure

Minimum Investment:$50K
Hourly Rate:$300/hr

HJSCM charges an advisory fee based on assets under management, billed quarterly in advance unless billing in arrears is selected. The MPP has a minimum account balance of $50,000, but this may be waived. Fees are negotiable and typically range from 1.25% to 2.50% annually. Envestnet charges a $25 flat annual operational fee. Financial planning reports and analyses are billed at $300/hour with a 5-hour minimum, but this fee may be waived.

Areas of Practice
Investment ManagementRetirement PlanningEstate PlanningHigh Net Worth
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Advisor Information

Office location

331 Newman Springs Road, Building 2, Suite 312- 3rd Floor, Red Bank, NJ, 07701

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Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Herbert J. Sims Capital Management, INC.
December 2019 - Present · 6 yrs 1 mo
Herbert J. Sims & Co, INC.Broker
December 2018 - Present · 7 yrs 1 mo
Previous Registrations
David Lerner Associates, INC.Broker
February 2004 - December 2018 · 14 yrs 10 mos
Walnut Street Securities, INC.Broker
March 2003 - January 2004 · 10 mos
Nathan & Lewis Securities, INC.Broker
May 2002 - August 2003 · 1 yr 3 mos
New England SecuritiesBroker
May 2002 - January 2004 · 1 yr 8 mos
Walnut Street Securities, INC.Broker
May 2002 - March 2003 · 10 mos
Metlife Securities INC.Broker
May 2000 - January 2004 · 3 yrs 8 mos
Metropolitan Life Insurance CompanyBroker
May 2000 - January 2004 · 3 yrs 8 mos
Pruco Securities Corporation Broker
April 1998 - June 1998 · 2 mos
State Registrations3 states
CTMTNJ
AdvisorBrokerBoth
Exams
No exam information available for this advisor.