Money Matters Financial Group Inc (Phoenix)

Name: Money Matters Financial Group Inc
Address: 22601 N. 19 Th Ave, Phoenix, AZ, 85027
Telephone: 623-242-6332

Money Matters Financial Group Inc is a large advisory firm based in Phoenix. It manages $1.06 billion of regulatory assets for 464 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, Illinois, and Oregon.

Money Matters Financial Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Money Matters Financial Group: assets under management

The assets under management (AUM) of Money Matters Financial Group Inc is $1.06 billion. The firm's AUM has grown by 208% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $332.57 million in discretionary accounts and $728.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.28 million.

Investments

The firm invests in investment and business development companies the most. They account for 52% of the total AUM. The second-largest asset type is government bonds, which make up 18% of the firm’s portfolio. Investments in investment grade corporate bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Money Matters Financial Group Inc 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 Money Matters Financial Group serves?

The firm provides services to individuals, high net worth individuals, and state or municipal government entities. The largest group of clients of Money Matters Financial Group is state or municipal government entities with 36 clients and $993.88 million of assets under management. Among the 9 most similar advisory firms, Money Matters Financial Group has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.06 billion for 213 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.

Money Matters Financial Group doesn't advise any private funds.

Careers at Money Matters Financial Group Inc

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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 compensates 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
Colleen May Wall	Secretary	1 May 1990	50% - 75%	4363689
David Jerome Wall	President and chief compliance officer	1 May 1990	50% - 75%	1513469

Based in Phoenix

The principal office where Money Matters Financial Group Inc performs its advisory services is located at 22601 N. 19 Th Ave, Phoenix, AZ 85027, which is also the mailing address of the firm. An additional office of the firm is in Hinsdale, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 623-242-6332. The normal business hours are 8:00am-3:00pm on Monday - Friday. You can find more information about the New York firm at wallandassociates.org.