Madison Family Advisors, Inc. (Santa Clara)

Madison Family Advisors, Inc. is an adviser based in Santa Clara. It manages $68.68 million of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of California.

Madison Family Advisors provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Madison Family Advisors: assets under management

The assets under management (AUM) of Madison Family Advisors, Inc. is $68.68 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -31% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $68.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.22 million each.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 47% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Madison Family Advisors, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Madison Family Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Madison Family Advisors is high net worth individuals with 8 clients and $66.86 million of assets under management. Among the 8 most similar advisory firms, Madison Family Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $68.68 million for 13 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.

Madison Family Advisors doesn't advise any private funds.

Careers at Madison Family Advisors, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Madison Family Advisors, Inc. is owned by Bhagyashree C Raorane. John Joseph Betterman joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bhagyashree C Raorane	Beneficiary/owner	1 Aug 2011	75% - 100%	4245374
John Joseph Betterman	Cco	1 Oct 2011	Other	1684532

Based in Santa Clara

The principal office where Madison Family Advisors, Inc. performs its advisory services is located at 2172 San Antonio Place, Santa Clara, CA 95051, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (847) 440-1639 or by fax 888-877-2160. The normal business hours are 8-5 on Monday - Friday.