First Long Island Investors, LLC

First Long Island Investors, LLC is a boutique wealth management firm specializing in providing sophisticated money management services to high net worth clients. Established over 40 years ago, the firm is registered with the U.S. Securities and Exchange Commission and focuses on a long-term approach to wealth management, emphasizing individualized asset allocation for the preservation and growth of clients' net worth. The firm offers a broad range of investment and financial services, including diversification among equities, bonds, and private investments. The firm's principals invest side-by-side with clients in most strategies, tailoring advice to meet client needs and accepting restrictions in limited circumstances. For investment management services, clients are generally charged an annual advisory fee based on assets managed, with adjustments made for contributions and withdrawals. The firm also offers various strategies with different fee structures, such as the Dividend Growth Strategy, Core Strategy, Fixed Income accounts, and Legacy Positions. Additionally, clients may invest in partnerships that charge management fees and allocate a portion of gains to the general partner. The firm emphasizes the importance of risk management and provides detailed information on the risks associated with investments in partnerships. The firm has discretion over all assets managed and provides regular reviews of client accounts, voting on client securities, and custody services. The team includes experienced professionals like Robert D. Rosenthal, Ralph F. Palleschi, Philip W. Malakoff, Edward C. Palleschi, and Brian Gamble, who bring a wealth of educational backgrounds and business experience to the firm. The firm operates with transparency, disclosing any potential conflicts of interest and ensuring compliance with regulatory requirements. Clients are advised to contact the Chief Compliance Officer for any questions or clarifications.