Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Insurance Companies
- Sovereign Wealth Funds & Foreign Official Institutions
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Advisors Capital Management, LLC Overview
Advisors Capital Management, LLC is a fee-only Registered Investment Advisory firm based in Ridgewood, NJ. The firm was established in 2003 and has been in business for over 17 years. The primary focus of Advisors Capital Management is investment advice only, providing its clients with tailored solutions to their financial needs. The firm prides itself on its holistic approach to managing wealth, which includes financial planning, portfolio management, pension consulting services, and educational seminars and workshops. One of the key differentiators of Advisors Capital Management is its fee-only fee arrangement. This means that the firm does not receive commissions on investment products it recommends and instead only charges a percentage of its clients' assets under management. This ensures that the firm's advice is always in the best interest of its clients. Advisors Capital Management serves a diverse client base that includes individuals, small businesses, and institutional clients. The firm offers portfolio management services that are customized to meet the specific needs of each client. This includes investment solutions for retirement planning, college funding, and wealth transfer. In addition, the firm provides educational seminars and workshops to help its clients gain a better understanding of financial planning and investing. Overall, Advisors Capital Management is committed to providing its clients with comprehensive investment advice that helps them achieve their financial goals. The firm's experienced team of professionals works closely with clients to develop a customized solution that meets their specific needs. With its fee-only fee arrangement and commitment to investment advice only, Advisors Capital Management is well-positioned to continue to serve its clients for years to come.
ADVISORS CAPITAL MANAGEMENT, LLC is a wealth management firm that offers a range of financial services to a diverse group of clients. Their client base includes individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, insurance companies, sovereign wealth funds, and other corporation types not listed. They firmly believe in creating customized plans tailored to meet specific needs and goals of each client. With a wealth of knowledge and experience, ADVISORS CAPITAL MANAGEMENT, LLC has the expertise to aid clients in achieving their financial objectives. When it comes to fee structures, ADVISORS CAPITAL MANAGEMENT, LLC offers various options depending on the services provided. The fee structure includes percentage of AUM, hourly rates, and fixed fees. Clients who opt for percentage of AUM pay a percentage of assets under management, while hourly rates charge clients based on the amount of time spent on a particular service. Fixed fees are also available for clients who seek specific services such as financial planning or investment management. The firm believes in transparency and ensures clients fully understand their fee structure and where their money is being invested. ADVISORS CAPITAL MANAGEMENT, LLC prides itself on providing exceptional service to their diverse range of clients while remaining flexible with their fee structures.
Typical Clients, Fee Structures & Investment Minimum
Advisors Capital Management does not have a general investment minimum, except for their discretionary portfolio management services. The minimum account size for the ACM Private Accounts is $300,000, for the ACM Model Separate Accounts is $150,000, and for the ACM Model ETF Strategies is $50,000. However, there is no investment minimum for their Pathfinder service. The firm's Part 2 Brochure notes that "For a more detailed understanding of those requirements, please review the disclosures provided in each applicable service."
How This Office Can Help Ridgewood, NJ Residents
Advisors Capital Management is dedicated to providing clients in Ridgewood, NJ with personalized financial planning and investment management services. The firm understands that every individual has unique financial situations and goals, and thus, it offers customized solutions to meet their needs. For instance, for someone living in Ridgewood, NJ, who is looking to plan for retirement and save for their children's education, the firm can help create a long-term plan that takes into account their specific income, expenses, and investment objectives. Additionally, for someone who has inherited wealth, the firm's wealth management services can assist in managing and growing their assets while minimizing tax implications. With its experienced team of financial advisors and advanced investment strategies, Advisors Capital Management is committed to helping clients achieve their financial objectives and secure their financial future.
Services Offered by Advisors Capital Management, 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 Advisors Capital Management, 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.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
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
- Mon 9 AM–5 PM
- Tue 9 AM–5 PM
- Wed 9 AM–5 PM
- Thu 9 AM–5 PM
- Fri 9 AM–5 PM
- Sat Closed
- Sun Closed
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Advisors Capital Management, LLC is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Virgin Islands
Disciplinary History
Advisors Capital Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.