Longboat Key Financial Group, LLC (Longboat Key)

Longboat Key Financial Group, LLC is an adviser based in Longboat Key. It manages $38.61 million of regulatory assets for 702 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Florida, Michigan, New Jersey, and Texas.

Longboat Key Financial Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Longboat Key Financial Group: assets under management

The assets under management (AUM) of Longboat Key Financial Group, LLC is $38.61 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $38.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Longboat Key Financial Group, LLC 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.

Careers at Longboat Key Financial Group, LLC

Craig Douglas Meldahl has been acting as President since 1 Dec 2005. Deborah Ann Hanson joined the executive team most recently as the Operations Manager / Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Craig Douglas Meldahl	President	1 Dec 2005	75% - 100%	331504
Deborah Ann Hanson	Operations manager / chief compliance officer	1 Dec 2005	Other	3090163
Craig Douglas Meldahl	Chief compliance officer	1 Mar 2010	75% - 100%	331504

Based in Longboat Key

The principal office where Longboat Key Financial Group, LLC performs its advisory services is located at 6350 Gulf Of Mexico Drive, Longboat Key, FL 34228, which is also the mailing address of the firm. An additional office of the firm is in Bradenton, FL. It doesn’t run an office outside of the United States.