Compass Advisors

RIASEC Registered

Total AUM

$767M

Discretionary

$506M

66% of AUM

Avg account

$666K

Accounts

1,152

Employees

Advisory reps

Firm details

Headquarters: Melville, New York
CRD number: 288256
Registered since: April 14, 2017
Website: www.compassadvisors.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Pension & Profit Sharing Plans43.98%
HNWI39.15%
Individuals15.66%
Corporations / Businesses1.2%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Compass Advisors is a privately held limited liability company that provides financial planning and portfolio management to individuals, families and institutional clients. The firm offers fee arrangements tied to assets under management as well as hourly and fixed-fee engagements. Its advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting and the selection of other advisers. Compass Advisors is noted as a capital allocator and maintains affiliations across the financial ecosystem, including relationships with broker-dealers, other investment advisers, an insurance company and roles as sponsor/GP or managing member of pooled investment vehicles. The firm does not identify as an active ESG investor. Its filing history indicates SEC registration since 2017 and it reports a mix of discretionary and non-discretionary mandates. Compass Advisors uses multiple fee models and provides consultative services that extend beyond simple portfolio oversight, such as adviser selection and pension consulting.