Securities America Advisors, Inc. (La Vista)

Securities America Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for approximately 2,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Securities America Advisors: assets under management

The assets under management (AUM) of Securities America Advisors, Inc. is $21.89 billion. The firm's AUM has grown by 1068% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $18.3 billion in discretionary accounts and $3.59 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $169.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $77.19 thousand.

Securities America Advisors has custody of $16.67 billion in cash and securities for 61,295 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 11% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Securities America Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pamela Janine Wertheim serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Pamela Janine Wertheim is individuals with 81,995 clients and $12.92 billion of assets under management. Among the 8 most similar advisory firms, Securities America Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $21.89 billion for 98,275 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.

Securities America Advisors doesn't advise any private funds.

Careers at Securities America Advisors, Inc.

The company employs 1,992 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 1,992 employees are registered as investment adviser representatives with the state securities authorities.

There are 135 people 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 receive compensation from other entities for client referrals.

Pamela Janine Wertheim has been acting as President since 1 Oct 1993. Matthew John Kinsella joined the executive team most recently as the First Vice President & Deputy Compliance Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 4 indirect owners.

Based in La Vista

The principal office where Securities America Advisors, Inc. performs its advisory services is located at 12325 Port Grace Blvd., La Vista, NE 68128 8204 The mailing address of the firm is P.O. Box 460001, Papillion, NE 68046. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 402-399-9111 or by fax 402-398-1480. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at securitiesamerica.com.

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