Register Financial Advisors, LLC (Atlanta)

Name: Register Financial Advisors, LLC
Address: 3500 Lenox Road, Atlanta, GA, 30326
Telephone: 404-364-2180

Register Financial Advisors, LLC is a large advisory firm based in Atlanta. It manages $102.88 million of regulatory assets for 413 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, California, Florida, and 5 other states.

Register Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Register Financial Advisors: assets under management

The assets under management (AUM) of Register Financial Advisors, LLC is $102.88 million. The firm's AUM has grown by 180% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $58.65 million in discretionary accounts and $44.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $242.37 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $258.62 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is investment and business development companies, which make up 43% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

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

What kind of clients Register Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Register Financial Advisors is high net worth individuals with 90 clients and $47.9 million of assets under management. Among the 6 most similar advisory firms, Register Financial Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $94.47 million for 409 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.

Careers at Register Financial Advisors, LLC

The company employs 20 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Register Financial Advisors, LLC is owned by George Robert Register. Scott Edward Register joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Register & Akers Investments	Managing member	1 Jun 2004	75% - 100%	30568
Inc. Register Financial Associates	Managing member	1 Jun 2004	75% - 100%	30568
George Robert Register	Owner/ceo	1 Apr 2007	75% - 100%	373031
Scott Edward Register	Chief compliance officer	1 Nov 2008	Other	5239767

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
George Robert Register	Partner	1 Jul 1992	75% - 100%	373031

Based in Atlanta

The principal office where Register Financial Advisors, LLC performs its advisory services is located at 3500 Lenox Road, Atlanta, GA 30326, 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 404-364-2180 or by fax 404-364-2182. The normal business hours are 8:30-5pm on Monday - Friday. You can find more information about the New York firm at registerfinancial.com.