Personal Financial Profiles Inc (Coral Springs)

Name: Personal Financial Profiles Inc
Address: 2801 University Dr, Coral Springs, FL, 33065
Telephone: 954-755-8647

Personal Financial Profiles Inc is a large advisory firm based in Coral Springs. It manages $254.13 million of regulatory assets for 447 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New Jersey, New York, Pennsylvania, and Texas.

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

Personal Financial Profiles: assets under management

The assets under management (AUM) of Personal Financial Profiles Inc is $254.13 million. The firm's AUM has grown by 254% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $253.29 million in discretionary accounts and $833.53 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $571.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $208.38 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 64% 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 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Personal Financial Profiles Inc 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.

What kind of clients Personal Financial Profiles serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Personal Financial Profiles is high net worth individuals with 123 clients and $221.95 million of assets under management. Among the 8 most similar advisory firms, Personal Financial Profiles has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $254.13 million for 286 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.

Personal Financial Profiles doesn't advise any private funds.

Careers at Personal Financial Profiles Inc

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Frank Thomas Pugliese	President and chief compliance officer	1 Jul 1991	50% - 75%	800323
Daniel Thomas Jankelunas	Vice-president	1 Nov 1997	Other	2460695
Frank Thomas Pugliese	Chief compliance officer	1 Jan 2004	75% - 100%	800323
David Michael Maggio	Executive vice president	1 Apr 2013	25% - 50%	2447727

Based in Coral Springs

The principal office where Personal Financial Profiles Inc performs its advisory services is located at 2801 University Dr, Coral Springs, FL 33065, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 954-755-8647 or by fax 954-755-6863. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at pfprofiles.com.