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 (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2019
Closed-No Action
Other Business ActivitiesSells Insurance

Joseph is an investment adviser representative of HJ Sims Capital Management, devoting about a quarter of his time to this role. He also spends about 10-20% of his time on insurance-related business, while his primary business is providing brokerage services.

Employment History
Current Registrations
Herbert J. Sims Capital Management, INC.
July 2020 - Present · 5 yrs 6 mos
Herbert J. Sims & Co, INC.Broker
February 2019 - Present · 6 yrs 11 mos
Previous Registrations
David Lerner Associates, INC.Broker
September 2004 - February 2019 · 14 yrs 5 mos
State Registrations15 states
AZCACOCTFLMAMDMNNCNHNJNYPATXVA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Joseph Donald Teifer - Financial Advisor | AdvisorDiscover