First Variable Advisory Services Corp (Birmingham)

First Variable Advisory Services Corp is an adviser based in Birmingham. It manages $56.25 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Illinois.

First Variable Advisory Services Corp provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

First Variable Advisory Services Corp: assets under management

The assets under management (AUM) of First Variable Advisory Services Corp is $56.25 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $56.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.03 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First Variable Advisory Services Corp 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.

Careers at First Variable Advisory Services Corp

Thomas Francis Streiff has been acting as President since 1 Dec 2000. Protective Life Insurance Company joined the executive team most recently as the Sole Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Norman Arnold Fair	Director	1 Sep 1994	Other	1359414
Christopher S. Harden	Asst. treasurer	1 Apr 1998	Other	4363836
Terri Sue Ruwe	Treasurer	1 May 1998	Other	2074765
Thomas Francis Streiff	President	1 Dec 2000	Other	2153575
Richard Joseph Bielen	President and director	1 Oct 2001	Other	1552281
Carolyn King	Secretary/chief compliance officer and director	1 Oct 2001	Other	859759
Kevin Bruce Borie	Treasurer and director	1 Oct 2001	Other	2151148
First Variable Life Insurance Company	Sole shareholder	1 Oct 2001	75% - 100%	71-6062723
Steven Manley Callaway	Counsel and director	1 Oct 2001	Other	2863190

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Protective Life Corporation	Sole shareholder	1 Jun 1981	75% - 100%	95-2492236
Protective Life Insurance Company	Sole shareholder	1 Oct 2001	75% - 100%	63-0169720

Based in Birmingham

The principal office where First Variable Advisory Services Corp performs its advisory services is located at 2801 Highway 280 South, Birmingham, AL 35223, which is also the mailing address of the firm. An additional office of the firm is in Oak Brook, IL. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 205-868-2988 or by fax 205-868-3597. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.