The NORTHEAST FINANCIAL GROUP is a privately held investment adviser that advises $1.44Bn in regulatory assets under management held in 3 SEC fund types across 3 investment strategies. NORTHEAST FINANCIAL GROUP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 102.62% over the last 5-years.
The Group has been registered with the SEC for 13.14 years and is comprised of 2 filing and 0 relying advisers. They operate out of 3 office locations with their Headquarters at 3435 WINCHESTER ROAD SUITE 102, ALLENTOWN, PENNSYLVANIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 3 employees comprised of 3 investment and 0 non-investment staff. The total number of Employees decreased by 72.73% over the last 5-years.
Their $1.44Bn in assets advised are owned by 4 private funds, 0 public funds and BDCs and 121 other accounts. Assets of Pension and Profit Sharing Plans-Private clients own $401.07mn or 27.87% of Total Assets and High Net Worth Individuals own $383.65mn or 26.66% of Total Assets.
The Group's top investment strategies include Multi Strat, FI/Credit - Diverse and Traditional LBO, representing 74.26%, 18.3% and 7.45% of total assets, respectively.
They advise 8 types of clients, top clients are Pension and Profit Sharing Plans-Private and High Net Worth Individuals.
The Group uses 0 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 4 private funds with $22.39mn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
NORTHEAST FINANCIAL GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.