Madison Avenue Securities, LLC (San Diego)

Name: Madison Avenue Securities, LLC
Address: 15050 Avenue Of Science, San Diego, CA, 92128
Telephone: 888-627-7323

Madison Avenue Securities, LLC is a large advisory firm based in San Diego. It manages $894.09 million of regulatory assets for 6,339 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Madison Avenue Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Madison Avenue Securities: assets under management

The assets under management (AUM) of Madison Avenue Securities, LLC is $894.09 million. The firm's AUM has grown by 185% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $388.75 million in discretionary accounts and $505.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $135.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $145.3 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Madison Avenue Securities, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Leslie Leroy Durland serves?

The only and largest group of clients of Leslie Leroy Durland is individuals with 6,339 clients and $894.09 million of assets under management. Among the 7 most similar advisory firms, Madison Avenue Securities has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $894.09 million for 6,339 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.

Madison Avenue Securities doesn't advise any private funds.

Careers at Madison Avenue Securities, LLC

The company employs 100 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 82 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.

Leslie Leroy Durland has been acting as President since 1 Jan 2013. Gail Marie Jensen joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Constance Sue Knapp	Chief financial officer	1 Nov 2005	Other	1426400
Jana Marie Henson	Chief compliance officer	1 Jul 2009	Other	2708478
Wayne Francis Talleur	President, director	1 Nov 2010	Other	5476840
Martin William Mcnees	Chief operating officer	1 Nov 2010	Other	3168410
Jennifer Schendel	Director	1 Nov 2012	Other	6136948
Leslie Leroy Durland	Director	1 Jan 2013	Other	2187927
Jana Marie Henson	Crop/srop	1 Oct 2013	Other	2708478
Inc. Metcalfe	Owner	1 Feb 2015	75% - 100%	47-2383444
Llc Kt Equity Partners Ii	Owner	1 Feb 2015	Other	47-3198239
Derek James Thompson	Director	1 Mar 2015	Other	4237108
David James Callanan	Director	1 Mar 2015	Other	4237166
Cody Grant Foster	Member	1 Dec 2016	Other	4237075
Wayne Francis Talleur	President & ceo	1 Dec 2016	Other	5476840
Martin William Mcnees	President	1 Sep 2017	Other	3168410
Gail Marie Jensen	Chief compliance officer	1 Sep 2018	Other	1943705

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jennifer Schendel	Sole director	1 Feb 2015	25% - 50%	6136948
Llc Ddc Holdings	Direct owner	1 Dec 2016	75% - 100%	20-2111213
David James Callanan	Llc member	1 Dec 2016	25% - 50%	4237166
Derek James Thompson	Llc member	1 Dec 2016	25% - 50%	4237108
Derek James Thompson	Trustee and llc member	1 Jan 2018	25% - 50%	4237108
Uta Dated January 25 2015 The Derek J Thompson Trust	Indirect owner	1 Jan 2018	25% - 50%	99-9999999

Based in San Diego

The principal office where Madison Avenue Securities, LLC performs its advisory services is located at 15050 Avenue Of Science, San Diego, CA 92128, 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 888-627-7323 or by fax 858-207-1789. The normal business hours are 6:00 am-4:00pm on Monday - Friday. You can find more information about the New York firm at mas-bd.com.