Feldstein, Steven dba Steven Feldstein & Associates
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$160,000,000
Clients
526
100% high-net worth
Advisors
1
of 4 employees
Firm type
Supported
1-3 advisors or $200M+ in AUM
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
526
Very HighAverage account size
$304,183
About
The firm provides financial planning and portfolio management primarily to high‑net‑worth individuals, families, and select institutional entities, delivering investment advice on a non‑discretionary basis and occasional incidental financial planning. It reports long‑standing client relationships across several hundred accounts and does not generally serve non‑high‑net‑worth retail individuals.
The firm follows a long‑term, value‑oriented investment philosophy—summarized internally as “buy businesses, not stocks”—seeking companies trading near tangible book value with durable franchises and owner‑oriented management, and using both fundamental and technical analysis. Account activity is monitored regularly and trades are implemented only with client approval, with periodic (typically quarterly) reviews to assess suitability and performance.
A distinctive operational feature is the firm’s affiliation with a broker‑dealer and the principal’s ability to effect securities transactions, a structure the firm discloses and addresses by offsetting commissions against advisory fees to mitigate conflicts. The combination of a single‑advisor model managing a sizable amount of primarily non‑discretionary assets—resulting in an unusually high client‑per‑advisor ratio—is atypical among peers.
Client services
Financial planning
Portfolio management
Pension consulting
Expertise
Active portfolio management
Life insurance needs analysis
Fee options
$0+: 1.00% annually on net asset value including cash and equivalents $0 - $3,000,000: 0.50% (50 basis points) for fixed income only portfolios $3,000,000+: 0.25% (25 basis points) for fixed income only portfolios over $3 million
Commissions received for sale of securities; commissions are rebated by deducting from advisory fees, except in rare cases monitored by CCO.
Main office location
Feldstein, Steven dba Steven Feldstein & Associates
Basking Ridge NJ, United States
Number of offices
1
Most active in
Feldstein, Steven dba Steven Feldstein & Associates has reported serving >5 clients in these states in the last 12 months.
Connecticut · New Jersey · New York
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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