Vickery Financial Services, Inc. (Athens)

Name: Vickery Financial Services, Inc.
Address: 190 Hawthorne Park, Athens, GA, 30606
Telephone: 706-353-2728

Vickery Financial Services, Inc. is a large advisory firm based in Athens. It manages $199.13 million of regulatory assets for 1,540 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida, Georgia, Louisiana, and 4 other states.

Vickery Financial Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vickery Financial Services: assets under management

The assets under management (AUM) of Vickery Financial Services, Inc. is $199.13 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vickery Financial Services, 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 Vickery Financial Services serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Vickery Financial Services is individuals with 468 clients and $99.71 million of assets under management. Among the 11 most similar advisory firms, Vickery Financial Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $199.13 million for 541 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.

Vickery Financial Services doesn't advise any private funds.

Careers at Vickery Financial Services, Inc.

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 7 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
Charles Jackson Vickery	President; chief compliance officer	1 Feb 2009	75% - 100%	454591
Cynthia Deanne Rosso	Executive vice-president	1 Jul 2014	Other	5021755
Cynthia Deanne Rosso	President, ceo, & cco	1 Jul 2018	75% - 100%	5021755

Based in Athens

The principal office where Vickery Financial Services, Inc. performs its advisory services is located at 190 Hawthorne Park, Athens, GA 30606, 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 706-353-2728 or by fax 706-354-0497. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at vickeryfinancial.com.