Financial Plans & Strategies, Inc. is a large advisory firm based in Greenwood. It manages $365.76 million of regulatory assets for 2,022 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, Florida, Illinois, and Indiana.
Financial Plans & Strategies provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Financial Plans & Strategies, Inc. is $365.76 million. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Financial Plans & Strategies, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Michael Joseph Meiners is high net worth individuals with 190 clients and $182.24 million of assets under management. Among the 7 most similar advisory firms, Financial Plans & Strategies has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $365.53 million for 2,035 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.
Financial Plans & Strategies doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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.
Michael Joseph Meiners has been acting as President since 1 May 1982. Maggie Lynn Meiners joined the executive team most recently as the Shareholder.
The principal office where Financial Plans & Strategies, Inc. performs its advisory services is located at 375 N. Madison Avenue, Greenwood, IN 46142 3636, which is also the mailing address of the firm. An additional office of the firm is in Indianapolis, IN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 317-882-7675 or by fax 317-882-5981. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at finplans.com.