Garden State Investment Advisory Services, LLC
Assets Under Management
$561.5M
Number of Clients
2,122
Number of Advisors
31
Average Client AUM
$265K
AUM per Advisor
$18.1M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Garden State Investment Advisory Services provides investment advisory services including portfolio management, third-party advisor management, and financial planning. Many IARs are also securities-licensed and insurance agents, potentially creating conflicts of interest. The firm manages both discretionary and non-discretionary assets.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $1.0M | 1.75% |
| $1.0M - $2.0M | 1.50% |
| $2.0M - $3.0M | 1.25% |
| $3M+ | 1.00% |
Fees are negotiable.
Fee Estimator
The annual portfolio management fee is negotiable and payable monthly in arrears, based on the market value of the account on the last business day of the previous month. Fees are prorated for partial months. Financial planning/consulting fees are also negotiable, with hourly rates ranging from $100 to $300 per hour and flat fees ranging from $500 to $5,000 per agreement. GSS, an affiliate, receives a fee from clients' participation in the Insured Deposit Program at Axos, potentially reducing returns and creating a conflict of interest. Clients can choose alternate cash account options or custodians.
Areas of Practice
Location
328 Newman Springs Road, Red Bank, NJ, 07701