Giokas Financial Services, Inc. (Williamsville)


Giokas Financial Services, Inc. is a large advisory firm based in Williamsville. It manages $91.47 million of regulatory assets for 330 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Giokas Financial Services provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Giokas Financial Services: assets under management

The assets under management (AUM) of Giokas Financial Services, Inc. is $91.47 million. The firm's AUM has gone down by -39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $87.24 million in discretionary accounts and $4.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $277.83 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $264.5 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Giokas Financial Services, Inc. for their services and products based on a percentage of assets under management 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.

Careers at Giokas Financial Services, Inc.

Michael Nmn Giokas has been acting as President since 1 Oct 1997. Michael Giokas joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael Nmn Giokas President 1 Oct 1997 75% - 100% 4365873
Michael Giokas President 1 Oct 1997 75% - 100% 4365873

Based in Williamsville

The principal office where Giokas Financial Services, Inc. performs its advisory services is located at 6580 Main St, Williamsville, NY 14221, 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 716-634-4562 or by fax 716-634-1803. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.giokasfinancial.com.