Massey Quick Simon & Co. , Llc (Morristown)
Massey Quick Simon & Co. , Llc Is a Large Advisory Firm Based in Morristown. It Manages $2.98 Billion of Regulatory Assets for 828 Client Accounts. It Has Been...
Massey Quick Simon & Co., LLC is a large advisory firm based in Morristown. It manages $2.98 billion of regulatory assets for 828 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Colorado, Connecticut, and 9 other states.
Massey Quick Simon & Co. provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
Massey Quick Simon & Co.: assets under management
The assets under management (AUM) of Massey Quick Simon & Co., LLC is $2.98 billion. The firm's AUM has gone down by -2% since the beginning of its operation, and $36.17 million of the total AUM is attributable to clients outside of the United States.
The firm manages $2 billion in discretionary accounts and $978.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.64 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.51 million.
Massey Quick Simon & Co. has custody of $892 million in cash and securities for 221 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in pooled investment vehicles the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in investment and business development companies form 11% of the total invested assets.
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