Asset Management Strategies, Inc. (Indianapolis)

Name: Asset Management Strategies, Inc.
Address: 9465 Counselors Row, Indianapolis, IN, 46240
Telephone: 3175776912

Asset Management Strategies, Inc. is a large advisory firm based in Indianapolis. It manages $150.77 million of regulatory assets for 1,637 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Illinois, Indiana, Maryland, and Ohio.

Asset Management Strategies provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Asset Management Strategies: assets under management

The assets under management (AUM) of Asset Management Strategies, Inc. is $150.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 305% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $150.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $92.1 thousand each.

Investments

The firm invests in other assets the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Asset Management Strategies, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Asset Management Strategies serves?

The only and largest group of clients of Asset Management Strategies is individuals with 1,637 clients and $150.77 million of assets under management. Among the 11 most similar advisory firms, Asset Management Strategies has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $150.77 million for 1,637 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.

Asset Management Strategies doesn't advise any private funds.

Careers at Asset Management Strategies, Inc.

The company employs 9 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There are 9 people 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

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Patrick Fiorillo	President / chief compliance officer	1 Apr 2005	75% - 100%	1648219

Based in Indianapolis

The principal office where Asset Management Strategies, Inc. performs its advisory services is located at 9465 Counselors Row, Indianapolis, IN 46240, which is also the mailing address of the firm. An additional office of the firm is in Lafayette, IN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 3175776912 or by fax 877-815-0998. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at amsria.com.