BLACK CORAL FINANCIAL ADVISORS, LLC
Adviser information for BLACK CORAL FINANCIAL ADVISORS, LLC last updated from Form ADV on January 10th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | New Jersey, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 6 |
| Licensed Agents of an Insurance Company | 4 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 796 | $604.5M |
| Non-Discretionary | 1,300 | $205.4M |
| Total | 2,096 | $809.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 269 | $809.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 69 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMFixed fees |
| Other Business Activities | Insurance broker or agentAccountant or accounting firm |
Identifiers
| SEC RIA File Number | 801-73107 |
|---|---|
| SEC ERA File Number | 801-73107 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 154623 |
| Legal Entity Identifier | None |
Principal Office
500 INTERNATIONAL DRIVESUITE 300
MOUNT OLIVE
NJ
United States
Monday - Friday, 8:00 AM TO 5:00 PM
Tel: 973-352-8600, Fax: 800-788-5501
Websites
Chief Compliance Officer
STEPHEN P. LISKA
PRESIDENT & FOUNDER
500 INTERNATIONAL DRIVE
SUITE 300
MOUNT OLIVE
NJ
United States
Tel:
973-229-9400
Fax:
800-788-5501
S******@***************M
(Full email address available in API data)
Regulatory Contact
RAYMOND W. VANHOOREBEKE
CHIEF OPERATING OFFICER
500 INTERNATIONAL DRIVE
SUITE 300
MOUNT OLIVE
NJ
United States
Tel:
973-352-8600
Fax:
800-788-5501
R**@***************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LISKA, STEPHEN, PAUL | Individual | – | PRESIDENT & FOUNDER, CHIEF COMPLIANCE OFFICER | 07/2010 | 25-50% |
| VANHOOREBEKE, RAYMOND, WILLIAM | Individual | – | CHIEF OPERATING OFFICER | 01/2012 | 10-25% |
| WILK, MATTHEW, FRANK | Individual | – | VICE PRESIDENT, SENIOR FINANCIAL ADVISOR | 01/2013 | 10-25% |
| GALLO, JOSEPH, MICHAEL | Individual | – | VICE PRESIDENT, SENIOR FINANCIAL ADVISOR | 01/2013 | 10-25% |