Foldes Financial Management, LLC is a large advisory firm based in Miami. It manages $570.6 million of regulatory assets for 1,854 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Florida, and 9 other states.
Foldes Financial Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Foldes Financial Management, LLC is $570.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 86% 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 Foldes Financial Management, LLC for their services and products based on a percentage of assets under management and hourly charges. 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.
Marvin Rush Benton has been acting as President since 1 May 2008. Wealthtrust Llc joined the executive team most recently as the Member Non Voting.
The principal office where Foldes Financial Management, LLC performs its advisory services is located at 9150 South Dadeland Blvd., Miami, FL 33156, 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 305-670-0545 or by fax 305-670-0636. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.