Peter, Gellman
Palmerston Group Advisors, LLC
320 Raritan Avenue, Suite 302Highland Park, NJ 08904
7322485777
About Palmerston Group Advisors, LLC
Palmerston Group Advisors, a firm best known for its Margin of Safety discipline, built its strategy only after carefully studying the best in the business.
Consider:
1. Few fund managers have genuinely market-beating records of ten or more years.
2. Most of this elite group uses a version of Margin of Safety, the skill of buying assets when "on sale" at a deep discount to their true value. Most excel in bear markets.
3. Few advisors strategically focus on these top managers or their investment ideas when creating client portfolios. Nor do many independent firms focus on these managers when offering allocation advice. In contrast, Palmerston sees these top managers as a huge asset for our clients. We start with what works best, and thus use Margin of Safety for all clients. For client portfolios, we use the ideas and often the (no-load) funds of managers with proven, profitable records.
See Disclosures
General Information
Firm Start Year
1997
CRD#
4716523
Firm CRD#
128733
States Licensed in
NJ
Years of Experience in Financial Services
12
Number of Years with Current Firm
11
Work with the following types of clients
Businesses, Institutions and High Net Worth, Non-Profit Organizations, Individual Investors
Compliance
Registered Investment Advisor
Yes
Investment Advisor Representative
Yes
Acknowledged fiduciary
Yes
Compliance Disclosures in Last 5 years
Have a clean record
Criminal Disclosures in Last 5 years
Have a clean record
Qualifications & Membership
Securities Licenses
Series 66
Compensation and Fees
Fee Structure
Fee-Based
Minimum Portfolio Size for New Managed Accounts
$400,000
Compensation Methods
Based on Assets, Flat Fee
Fee % Based on Assets
1-1.5%
Additional Details on Charges
Fees tend to range between 1.5% and 1% annually (billed quarterly) depending on amount of assets. Investment advisory services are fee- only. For many years, Palmerston was a fee-only firm, but it added life insurance and health, accident, and disability insurance capabilities in order to better serve businesses, business owners, and high net worth clients with estate planning needs. In these kinds of planning situations, insurance may be a useful, tax- efficient component of a sound strategy. Insurance is the exception where commissions can be part of compensation. Otherwise, if a client or prospective client has no need of these kinds of insurance services, the relationship should be expected to be a strictly fee relationship in which Palmerston receives no commissions.
Disclosures
Additional Detailed Disclosures
https://www.financialplanners.net/disclosure/1815855/financialplanners-Palmerston-Group-Advisors,-LLC-detailed-disclosure.html