Finser International Corporation (Coral Gables)

Name: Finser International Corporation
Address: 1600 Ponce De Leon Blvd., Coral Gables, FL, 33134
Telephone: 786-369-0490

Finser International Corporation is a large advisory firm based in Coral Gables. It manages $100 million of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Florida.

Finser International Corporation provides portfolio management for individuals and small businesses and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Finser International Corporation: assets under management

The assets under management (AUM) of Finser International Corporation is $100 million. The firm's AUM has grown by 196% since the beginning of its operation, and $100 million of the total AUM is attributable to clients outside of the United States.

The firm manages $65 million in discretionary accounts and $35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $375.72 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.33 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Finser International Corporation for their services and products based on a percentage of assets under management. 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 Finser International Corporation serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Finser International Corporation is individuals with 173 clients and $65 million of assets under management. Among the 8 most similar advisory firms, Finser International Corporation has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $100 million for 188 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Finser International Corporation doesn't advise any private funds.

Careers at Finser International Corporation

The company employs 8 people that are either part- or full-time employees. 13 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Andrew Hamilton Jacobus	Owner; president; and chief compliance officer	1 Apr 2010	75% - 100%	5787316

Based in Coral Gables

The principal office where Finser International Corporation performs its advisory services is located at 1600 Ponce De Leon Blvd., Coral Gables, FL 33134, 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 786-369-0490 or by fax 786-350-1202. The normal business hours are 9 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at finsergroup.com.