Financial Symmetry Incorporated is a large advisory firm based in Raleigh. It manages $447.44 million of regulatory assets for 2,873 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, North Carolina, and Texas.
Financial Symmetry Incorporated provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. 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 Symmetry Incorporated is $447.44 million. The firm's AUM has grown by 54% 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 Symmetry Incorporated for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Financial Symmetry Incorporated is high net worth individuals with 165 clients and $292.88 million of assets under management. Among the 7 most similar advisory firms, Financial Symmetry Incorporated has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $445.8 million for 496 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 Symmetry Incorporated doesn't advise any private funds.
The company employs 14 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 8 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.
The principal office where Financial Symmetry Incorporated performs its advisory services is located at 1511 Sunday Dr, Raleigh, NC 27607, 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 919-851-8200 or by fax 888-494-7878. The normal business hours are 9:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at financialsymmetry.com and its LinkedIn profile.