Select Money Management, Inc. (Aliso Viejo)

Name: Select Money Management, Inc.
Address: 26800 Aliso Viejo Pkwy, Aliso Viejo, CA, 92656
Telephone: 949-975-7900

Select Money Management, Inc. is a large advisory firm based in Aliso Viejo. It manages $250.82 million of regulatory assets for 1,110 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Arizona, California, and 7 other states.

Select Money Management provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Select Money Management: assets under management

The assets under management (AUM) of Select Money Management, Inc. is $250.82 million. The firm's AUM has grown by 1130% since the beginning of its operation, and $5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $225.68 million in discretionary accounts and $25.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $207.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.05 million.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 41% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Select Money Management, Inc. 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.

What kind of clients Anthony Joseph Amaradio serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Anthony Joseph Amaradio is high net worth individuals with 138 clients and $135.1 million of assets under management. Among the 10 most similar advisory firms, Select Money Management has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $250.82 million for 524 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.

Select Money Management doesn't advise any private funds.

Careers at Select Money Management, Inc.

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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.

Anthony Joseph Amaradio has been acting as President since 1 Mar 2012. Laurie Ann Thompson joined the executive team most recently as the Vice President Chief Operations Officer; Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carin Ruth Amaradio	President-chief executive officer;chief compliance officer	1 Feb 2010	75% - 100%	712800
Anthony Joseph Amaradio	President	1 Mar 2012	Other	856933
Laurie Ann Thompson	Vice president -chief operations officer; compliance officer	1 Feb 2013	Other	1483612
Anthony Joseph Amaradio	Chief strategist; chief marketing officer	1 Mar 2018	Other	856933

Based in Aliso Viejo

The principal office where Select Money Management, Inc. performs its advisory services is located at 26800 Aliso Viejo Pkwy, Aliso Viejo, CA 92656, 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 949-975-7900 or by fax 949-900-8181. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at selectportfolio.com.