Financial Resources Tax & Financial Consulting Services, Inc. (Troy)


Financial Resources Tax & Financial Consulting Services, Inc. is an adviser based in Troy. It manages $10.78 million of regulatory assets for 315 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Connecticut, Florida, Michigan, and 3 other states.

Financial Resources Tax & Financial Consulting Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Resources Tax & Financial Consulting Services: assets under management

The assets under management (AUM) of Financial Resources Tax & Financial Consulting Services, Inc. is $10.78 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -60% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.78 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $34.21 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Resources Tax & Financial Consulting Services, Inc. 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.

Careers at Financial Resources Tax & Financial Consulting Services, Inc.

Russell Taylor Jones has been acting as President since 1 Jul 1997. Charles Strout Davis joined the executive team most recently as the Executive Vice President/Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Russell Taylor Jones President 1 Jul 1997 50% - 75% 1383542
Paula Darlene Jones Executive vice president of operations/chief operating officer 1 Jan 2006 Other 4304638
Keith Wilfred Kenward Executive vice president/chief compliance officer 1 Aug 2006 Other 2404144
Charles Strout Davis Executive vice president/chief compliance officer 1 Jul 2009 Other 1579338

Based in Troy

The principal office where Financial Resources Tax & Financial Consulting Services, Inc. performs its advisory services is located at 803 West Big Beaver Road, Troy, MI 48084, which is also the mailing address of the firm. An additional office of the firm is in Rochester, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-362-2165 or by fax 248-362-2583. The normal business hours are 8:30am - 5:00 pm on Monday - Friday.