Financial Management Concepts is a large advisory firm based in Winter Springs. It manages $126.2 million of regulatory assets for 550 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Florida and Texas.
Financial Management Concepts 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.
The assets under management (AUM) of Financial Management Concepts is $126.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 123% 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 Management Concepts 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Brian Lee Fricke is high net worth individuals with 40 clients and $74.74 million of assets under management. Among the 9 most similar advisory firms, Financial Management Concepts has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $125.86 million for 169 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 Management Concepts doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 2 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.
Brian Lee Fricke has been acting as President since 1 Jan 1997. Jeffrey Kelvin joined the executive team most recently as the Chief Compliance Officer.
The principal office where Financial Management Concepts performs its advisory services is located at 1700 Town Plaza Court, Winter Springs, FL 32708, 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 407-647-7006 or by fax 407-647-7675. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at brianfricke.com and its LinkedIn profile.