Money Managers Advisory Inc (Oak Brook)

Money Managers Advisory provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, educational seminars and workshops, and furnishes advice to clients on matters not involving securities. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Money Managers Advisory: assets under management

The assets under management (AUM) of Money Managers Advisory Inc is $110.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 488% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $110.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $118.25 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Money Managers Advisory 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 Money Managers Advisory serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Money Managers Advisory is high net worth individuals with 350 clients and $80.88 million of assets under management. Among the 11 most similar advisory firms, Money Managers Advisory has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $110.8 million for 473 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 Managers Advisory doesn't advise any private funds.

Careers at Money Managers Advisory Inc

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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

Based in Oak Brook

The principal office where Money Managers Advisory Inc performs its advisory services is located at 1211 W. 22 Nd Street, Suite 800, Oak Brook, IL 60523 3220, 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 630-990-7174 or by fax 630-990-7175. The normal business hours are 8:30am thru 5:00pm on Monday - Friday. You can find more information about the New York firm at monimgr.com.

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