Fee Only Financial Planning, L.C. (Roanoke)
Fee Only Financial Planning, L.C. is a large advisory firm based in Roanoke. It manages $276.4 million of regulatory assets for 441 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Louisiana, North Carolina, and 3 other states.
Fee Only Financial Planning, L.C provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
Fee Only Financial Planning, L.C: assets under management
The assets under management (AUM) of Fee Only Financial Planning, L.C. is $276.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 158% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in state and local bonds the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in investment and business development companies form 26% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Fee Only Financial Planning, L.C. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Fee Only Financial Planning, L.C serves?
The firm provides services to individuals and high net worth individuals. The largest group of clients of Fee Only Financial Planning, L.C is high net worth individuals with 61 clients and $199.85 million of assets under management. Among the 10 most similar advisory firms, Fee Only Financial Planning, L.C has the 5th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $276.4 million for 154 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Fee Only Financial Planning, L.C doesn't advise any private funds.
Careers at Fee Only Financial Planning, L.C.
The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Based in Roanoke
The principal office where Fee Only Financial Planning, L.C. performs its advisory services is located at 355 Campbell Avenue Sw, Roanoke, VA 24016 The mailing address of the firm is P.O. Box 12386, Roanoke, VA 24025. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 540-342-7102. The normal business hours are by appointment only on Other. You can find more information about the New York firm at feeonlyroanoke.com.
Registered investment advisers similar to Fee Only Financial Planning, L.C.
- Leste Administracao De Recursos Ltda
- Alexander RandoLPh Advisory
- Smith M J & Associates
- Irongate International, L.L.C
- Onesource Retirement Advisors
- Lagoda Investment Management
- Cascade Financial Management
- Fernwood Investment Management
- Analytic Asset Management
- Lynrock Lake
- 3 V Capital Management
- Mkt Advisors
- Bonaventure Capital
- Cibelli Capital Management
- Seven Harbour Global