Fiduciary Planning, LLC (Coral Springs)

Fiduciary Planning, LLC is a large advisory firm based in Coral Springs. It manages $158.85 million of regulatory assets for 785 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and Pennsylvania.

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

Fiduciary Planning: assets under management

The assets under management (AUM) of Fiduciary Planning, LLC is $158.85 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $158.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $202.35 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fiduciary Planning, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Fiduciary Planning serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Fiduciary Planning is high net worth individuals with 57 clients and $80.5 million of assets under management. Among the 11 most similar advisory firms, Fiduciary Planning has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $158.85 million for 452 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.

Fiduciary Planning doesn't advise any private funds.

Careers at Fiduciary Planning, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
Thomas Mario Schorn	Principal and cco	1 May 2019	75% - 100%	2928253
Thomas Schorn	Principal and cco	1 May 2019	50% - 75%	2928253
Douglas Jay Eaton	Principal and cio	1 Sep 2019	50% - 75%	2780814

Based in Coral Springs

The principal office where Fiduciary Planning, LLC performs its advisory services is located at 3111 North University Drive, Coral Springs, FL 33065, which is also the mailing address of the firm. An additional office of the firm is in West Chester, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610 399-1500. The normal business hours are 9-5 on Monday - Friday.