Allgen Financial Advisors, Inc. (Orlando)

Name: Allgen Financial Advisors, Inc.
Address: 100 W. Lucerne Circle, Orlando, FL, 32801
Telephone: 407-210-3888

Allgen Financial Advisors, Inc. is a large advisory firm based in Orlando. It manages $188 million of regulatory assets for 1,150 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Florida, New Jersey, and 3 other states.

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

Allgen Financial Advisors: assets under management

The assets under management (AUM) of Allgen Financial Advisors, Inc. is $188 million. The firm's AUM has grown by 42% since the beginning of its operation, and $400 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $185 million in discretionary accounts and $3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $161.57 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $600 thousand.

Investments

The firm invests in non-exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in state and local bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Allgen Financial Advisors, 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.

What kind of clients Allgen Financial Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Allgen Financial Advisors is individuals with 720 clients and $92 million of assets under management. Among the 12 most similar advisory firms, Allgen Financial Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $182 million for 797 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Allgen Financial Advisors doesn't advise any private funds.

Careers at Allgen Financial Advisors, Inc.

The company employs 12 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 11 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jason Christopher Martin	Senior partner & chief investment officer	1 Mar 2003	50% - 75%	3259475
Paul Roldan	Chief executive officer & chief compliance officer	1 Apr 2007	50% - 75%	2682260

Based in Orlando

The principal office where Allgen Financial Advisors, Inc. performs its advisory services is located at 100 W. Lucerne Circle, Orlando, FL 32801, 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 407-210-3888 or by fax 407-210-3887. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at allgenfinancial.com.