Black Coral Financial Advisors, Llc

Financial Advisor in Warren County, NJ

Firm Info
Address: 500 International Dr, Budd Lake, NJ 07828, USA
Phone: (973) 352-8600

Firm Size
Assets Under Management: $752.1 million
# of Advisors: 5
# of Clients: 1,806
Client to Advisor Ratio: 361:1
Average Account Size: $416,425
# of Offices: 2

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Selection of Others Advisors
  • Educational Seminars & Workshops

Types of Clients
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Fixed Fees (Other than subscription)

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Black Coral Financial Advisors, LLC Overview

Black Coral Financial Advisors LLC is a Fee Only financial advisory firm based in Mount Olive, New Jersey. They have been successfully operating since 2012 and offer a range of services to their clients, including financial planning, portfolio management for individuals and small businesses, selection of other advisors and educational seminars and workshops. As a registered investment advisory firm, Black Coral Financial Advisors LLC provides investment advice that helps their clients make informed decisions about their financial future. They are also a licensed insurance broker/agent, which gives them the ability to offer a wider range of products and services to their clients. Their team of experienced professionals combines their expertise in finance, insurance, and accounting to provide a holistic approach to financial planning. They work with clients to understand their unique goals and develop a customized plan that will help them achieve long-term financial success. Overall, Black Coral Financial Advisors, LLC is a trusted financial advisory firm that offers a range of services to help individuals and small businesses achieve financial success. They put their clients first and provide the knowledge, tools, and resources necessary to help clients make informed decisions about their investments and financial future.

BLACK CORAL FINANCIAL ADVISORS, LLC serves a diverse range of clients, including high net worth individuals seeking comprehensive and personalized financial planning and investment management services; business owners seeking support in managing their company's retirement and benefit plans; and institutions such as endowments and foundations. BLACK CORAL prides itself on tailoring its services to meet the specific needs and goals of each client, focusing on providing a holistic and transparent approach to financial management. When it comes to fee structures, BLACK CORAL offers a variety of options depending on the services provided. One commonly used fee structure is a percentage of assets under management (AUM), where clients pay a percentage of their total portfolio value for investment management and financial planning services. This fee structure incentivizes advisors to grow clients' portfolios, as their compensation is tied to the growth of the assets they manage. Additionally, some clients may opt for fixed fees for certain services such as financial planning or portfolio reviews. During initial consultations, advisors will discuss fee structures with clients and work to find the best fit for each individual situation. BLACK CORAL believes in transparent and fair pricing, allowing clients to better allocate their resources for long-term financial success.

Typical Clients, Fee Structures & Investment Minimum

According to Black Coral Financial Advisors, LLC's Part 2 Brochure, the firm generally has an investment minimum of $500,000 for asset management services. Although, the brochure adds that this amount is negotiable at the firm's discretion.

How This Office Can Help Warren County, NJ Residents

Black Coral Financial Advisors, LLC is a financial advisory firm that helps clients in Warren County, NJ to achieve their financial goals by providing customized and comprehensive financial planning services. The firm aims to develop long-term relationships with its clients by delivering high-quality financial guidance and advice. In Warren County, NJ, many individuals may be facing financial situations that require expert advice and guidance. Job loss, housing costs, high living expenses, and medical bills are some common financial hurdles people face here. Black Coral Financial Advisors, LLC assists clients in Warren County, NJ in developing a comprehensive financial plan that addresses their unique needs and goals. They offer services such as retirement planning, investment management, risk management, estate planning, tax planning, and education planning to help clients navigate through their financial challenges successfully. With their expertise and experience, Black Coral Financial Advisors, LLC is committed to helping their clients achieve financial security and peace of mind.

To view the Minimum Investment and Fee Schedule for Black Coral Financial Advisors, LLC, visit their Part 2 Brochure.

Services Offered by Black Coral Financial Advisors, LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.

Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Black Coral Financial Advisors, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Percentage of Assets Under Management (AUM)
Fixed Fees (Other than subscription)
Subscription (Newsletter or Periodical)
Performance-based Fees

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.

This Office Location

Firm location 500 International Dr, Budd Lake, NJ 07828, USA
Phone (973) 352-8600
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Other Office Locations

Firm Headquarters
Firm headquarters location 500 INTERNATIONAL DRIVE SUITE 300, MOUNT OLIVE, NJ 7828, United States

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State Registrations

Black Coral Financial Advisors, LLC is registered to service clients in the following states:

  • Arizona
  • California
  • Florida
  • Georgia
  • Massachusetts
  • Michigan
  • New Jersey
  • New York
  • Pennsylvania
  • Texas

Disciplinary History

Black Coral Financial Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.

Updated on March 31, 2023