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The Eastrade Asset Management Corporation

Updated today

Total assets under management

$37,953,162

Total clients

61

59% high-net worth

Total advisors

1

of 1 employees

Firm size

Independent

1 advisor

Average clients per advisor

61

Average account size

$622,183

About

The Eastrade Asset Management Corporation provides investment advisory and portfolio management to a mix of individual clients, trusts, estates, corporations, retirement plans, and charitable organizations. It delivers both discretionary and non-discretionary asset management and also accepts limited consulting engagements on specific investment-related matters billed separately.

The firm relies primarily on fundamental analysis and implements both long-term and short-term purchase strategies to construct individualized portfolios, permitting clients to impose reasonable investment restrictions. It serves as a fiduciary for retirement accounts and performs periodic account reviews as described in its advisory agreements.

What is distinctive for this firm is its explicit work with charitable organizations and pension or profit-sharing plans, client types that are relatively uncommon among independent advisers in its category. The brochure also notes operational practices that differ from many peers, including executing client trades individually rather than aggregating block trades, not taking custody of client assets, and not receiving soft-dollar benefits.

Client services

Financial planning Portfolio management

Expertise

Wealth management

Fee options

Fixed

Between $1,000 and $4,000

Percentage

$0 - $100,000: 1.75% $100,001 - $500,000: 1.50% $500,001 - $750,000: 1.25% $750,001 - $1,000,000: 1.00% $1,000,000+: Negotiable

Project-based

$100 to $250 per hour

Main office location

The Eastrade Asset Management Corporation

Briarcliff Manor NY, United States

Number of offices

1

Most active in

New York

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Quick links

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