Giraffes, Inc. Dba Financial Concepts (Columbus)

Name: Giraffes, Inc. Dba Financial Concepts
Address: 1121 Second Ave N, Columbus, MS, 39701
Telephone: 662-327-1480

Giraffes, Inc. Dba Financial Concepts is a large advisory firm based in Columbus. It manages $488.44 million of regulatory assets for 1,458 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Arkansas, Florida, and 9 other states.

Giraffes, Inc. Dba Financial Concepts provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Giraffes, Inc. Dba Financial Concepts: assets under management

The assets under management (AUM) of Giraffes, Inc. Dba Financial Concepts is $488.44 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $488.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $335.01 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Giraffes, Inc. Dba Financial Concepts for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Giraffes, Inc. Dba Financial Concepts serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Giraffes, Inc. Dba Financial Concepts is individuals with 1,450 clients and $339.63 million of assets under management. Among the 8 most similar advisory firms, Giraffes, Inc. Dba Financial Concepts has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $488.34 million for 1,554 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.

Giraffes, Inc. Dba Financial Concepts doesn't advise any private funds.

Careers at Giraffes, Inc. Dba Financial Concepts

The company employs 3 people that are either part- or full-time employees. 67 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

Name	Entity	Date acquired	Ownership	Employer ID
Rhonda Scott Ferguson	President and chief compliance officer	1 Jul 1988	75% - 100%	1285029
Scott Todd Ferguson	Vice president	1 May 2012	Other	5128168
Scott Todd Ferguson	Vice president and chief compliance officer	1 Oct 2015	Other	5128168

Based in Columbus

The principal office where Giraffes, Inc. Dba Financial Concepts performs its advisory services is located at 1121 Second Ave N, Columbus, MS 39701, 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 662-327-1480 or by fax 662-327-9607. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at fincon.net.