Specialized Advisors, LLC is a multi-state adviser based in Dallas. It manages $3.09 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, California, Colorado, and 29 other states.
Specialized Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.
The assets under management (AUM) of Specialized Advisors, LLC is $3.09 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Specialized Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.
The only and largest group of clients of Michael Allen Young is individuals with 33 clients and $3.09 million of assets under management. Among the 2 most similar advisory firms, Specialized Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $3.09 million for 33 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.
Specialized Advisors doesn't advise any private funds.
The company employs 23 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 21 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.
Michael Allen Young has been acting as President since 1 Oct 2018. Llc Financial Institution Group joined the executive team most recently as the Active.
The principal office where Specialized Advisors, LLC performs its advisory services is located at 5956 Sherry Lane, Dallas, TX 75225 The mailing address of the firm is P.O. Box 25523, Dallas, TX 75225. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-674-7758. The normal business hours are by appointment on Other.