Vogel Financial Advisors, LLC (Richardson)


Vogel Financial Advisors, LLC is a large advisory firm based in Richardson. It manages $413.41 million of regulatory assets for 259 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Texas.

Vogel Financial Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vogel Financial Advisors: assets under management

The assets under management (AUM) of Vogel Financial Advisors, LLC is $413.41 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 934% since the beginning of its operation, and $3.72 million of the total AUM is attributable to clients outside of the United States.

The firm manages $413.41 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.6 million each.
Vogel Financial Advisors has custody of $109.57 million in cash and securities for 86 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 79% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vogel Financial Advisors, 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 Vogel Financial Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Vogel Financial Advisors is high net worth individuals with 84 clients and $321.08 million of assets under management. Among the 11 most similar advisory firms, Vogel Financial Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $413.41 million for 259 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Vogel Financial Advisors doesn't advise any private funds.

Careers at Vogel Financial Advisors, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Douglas Charles Koval Manager 1 May 2000 Other 4460567
Bernard William Raden Shareholder 1 May 2000 Other 4460580
Mark Joel Kaman Shareholder 1 May 2000 Other 4460582
Michael Wayne Busch President & chief compliance officer 1 May 2000 25% - 50% 4192505
Philip Vogel & Co. Pc Shareholder 1 May 2000 Other 75-2134417
Vogel Cpas Shareholder 1 May 2000 Other 75-2134417
Howard Paul Dreyer Shareholder 1 May 2000 Other 4460554
Ronald Stephen Fiedelman Shareholder 1 May 2000 Other 4460562

Based in Richardson

The principal office where Vogel Financial Advisors, LLC performs its advisory services is located at 2221 Lakeside Boulevard, Richardson, TX 75082, 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 214-346-5880 or by fax 214-346-5888. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at vfaonline.com.