Ftn Financial Main Street Advisors LLC (Las Vegas)
Ftn Financial Main Street Advisors LLC is a large advisory firm based in Las Vegas. It manages $11.1 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Idaho, Nevada, and Utah.
Ftn Financial Main Street Advisors provides portfolio management for businesses and institutional clients and consulting for government entities. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
Ftn Financial Main Street Advisors: assets under management
The assets under management (AUM) of Ftn Financial Main Street Advisors LLC is $11.1 billion. The firm's AUM has gone down by -23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in government bonds the most. They account for 64% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 23% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Ftn Financial Main Street Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Richard Lee Phillips serves?
The only and largest group of clients of Richard Lee Phillips is state or municipal government entities with 20 clients and $11.1 billion of assets under management. Among the 9 most similar advisory firms, Ftn Financial Main Street Advisors has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $11.1 billion for 20 clients. None of the firm’s clients are foreign persons or businesses.
Ftn Financial Main Street Advisors doesn't advise any private funds.
Careers at Ftn Financial Main Street Advisors LLC
The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Richard Lee Phillips has been acting as President since 1 Feb 2012. Tonya L Dazzio joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 1 indirect owner.Based in Las Vegas
The principal office where Ftn Financial Main Street Advisors LLC performs its advisory services is located at 10655 Park Run Drive, Las Vegas, NV 89144, 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 702-575-6592 or by fax 702-575-6670. The normal business hours are 7am to 4pm on Monday - Friday. You can find more information about the New York firm at ftnmainstreet.com.
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