The Fiduciary Group, LLC (Savannah)

Name: The Fiduciary Group, LLC
Address: 310 Commercial Drive, Savannah, GA, 34106 3682
Telephone: 912-303-9000

The Fiduciary Group, LLC is a large advisory firm based in Savannah. It manages $898.19 million of regulatory assets for 1,161 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Colorado, Florida, Georgia, and 5 other states.

The Fiduciary Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Fiduciary Group: assets under management

The assets under management (AUM) of The Fiduciary Group, LLC is $898.19 million. The firm's AUM has grown by 37% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $883.27 million in discretionary accounts and $14.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $770.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $994.59 thousand.

The Fiduciary Group has custody of $144.32 million in cash and securities for 141 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Fiduciary Group, 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.

What kind of clients The Fiduciary Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of The Fiduciary Group is high net worth individuals with 224 clients and $563.47 million of assets under management. Among the 8 most similar advisory firms, The Fiduciary Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $898.19 million for 501 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.

The Fiduciary Group doesn't advise any private funds.

Careers at The Fiduciary Group, LLC

The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 8 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Operating	Member (manager)	1 Apr 2015	75% - 100%	20-8161914
Julia Langley Butler	Chief compliance officer	1 Apr 2015	Other	5302774
Malcolm Lee Butler	President and ceo	1 Apr 2015	Other	2694350
Joel Philip Goodman	Chief investment officer	1 Apr 2015	Other	2931111
Scott Brian Mcghie	Senior investment manager and director of research and portfolio management	1 Apr 2015	Other	5300958

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Financial Partners	Member	1 Jan 2007	75% - 100%	16-1728260
L.P. Cp Falcon Aiv	Member	1 Oct 2013	25% - 50%	36-4767158
Llc Focus Financial Partners	Member	1 Apr 2015	75% - 100%	16-1728260
L.P. Trident Vi Parallel Fund	Member	1 Apr 2017	75% - 100%	98-1132009
Trident Ffp Blocker Llc	Limited partner	1 May 2017	25% - 50%	82-1662776
L.P. Trident Vi	Limited partner	1 May 2017	25% - 50%	98-1131820
L.P. Trident Ffp	Member	1 Jul 2017	25% - 50%	82-1662703
Focus Financial Partners Inc.	Member	1 Jul 2018	75% - 100%	47-4780811

Based in Savannah

The principal office where The Fiduciary Group, LLC performs its advisory services is located at 310 Commercial Drive, Savannah, GA 34106 3682 The mailing address of the firm is P.O. Box 13688, Savannah, GA 31416 0688. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 912-303-9000 or by fax 912-303-9001. The normal business hours are 8:30 am - 5 pm on Monday - Friday. You can find more information about the New York firm at tfginvest.com.