Portformulas Investing Corporation is a large advisory firm based in Ada. It manages $175 million of regulatory assets for 1,770 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Portformulas Investing Corporation provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Portformulas Investing Corporation is $175 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 114% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Portformulas Investing Corporation 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.
Brent David Enders has been acting as President since 1 Feb 2006. Matthew Lee Mcgrew joined the executive team most recently as the Chief Operations Officer/Manager.
The principal office where Portformulas Investing Corporation performs its advisory services is located at 6020 East Fulton Street, Ada, MI 49301, 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 (800)869-5994 or by fax (888)869-9411. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at www.portformulas.com.