Lifemark Securities Corp. is a large advisory firm based in Rochester. It manages $119.42 million of regulatory assets for 659 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 40 other states.
Lifemark Securities Corp provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lifemark Securities Corp. is $119.42 million. The firm's AUM has grown by 72% 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 Lifemark Securities Corp. 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.
The only and largest group of clients of Lifemark Securities Corp is individuals with 659 clients and $119.42 million of assets under management. Among the 12 most similar advisory firms, Lifemark Securities Corp has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $119.42 million for 659 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.
Lifemark Securities Corp doesn't advise any private funds.
The company employs 53 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 53 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.
The principal office where Lifemark Securities Corp. performs its advisory services is located at 400 West Metro Financial Center, Rochester, NY 14623, 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 585-424-5672 or by fax 585-272-7170. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at lifemark.com/.