Donald Callahan is a registered investment advisor at Hennion & Walsh Asset Management, INC., based in Parsippany, NJ, with 11 years of industry experience. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 861 clients with $590M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Hennion & Walsh offers several investment management programs:
- Portfolio Management Program (PMP): This is a bundled fee program where you pay a single annual fee that covers investment advice, trading, and custody. The maximum annual fee is 1.50%, but it may be negotiable. The minimum account size is generally $50,000.
- Personalized UMA Program: This is a discretionary management program offered through Wells Fargo Clearing Services. Clients are charged an advisory fee of 2.00% plus a manager fee ranging from 0.0% to 0.50%. Asset minimums vary but are typically $100,000 for equity and balanced strategies and $1,000,000 for fixed income strategies.
- Asset Advisor: This is a full-service, non-discretionary investment advisory program that includes advisory services and custodial costs in a single asset-based fee. The standard fee is 2%.
- Managed Account Program: This program is generally not open to new investors but may be available to accommodate existing clients.
These fees do not include ETF or mutual fund expenses.
Location
2001 Route 46, Waterview Plaza, Parsippany, NJ, 07054
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Hennion & Walsh Asset Management, INC.
Hennion & Walsh, INC.Broker
Previous Registrations
J.P. Morgan Securities LLCBroker
State Registrations1 state
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