Managed Account Services Inc is a large advisory firm based in Coconut Grove. It manages $816.91 million of regulatory assets for 1,274 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 13 other states.
Managed Account Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Managed Account Services Inc is $816.91 million. The firm's AUM has grown by 833% since the beginning of its operation, and $78.34 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Managed Account Services Inc 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Managed Account Services is high net worth individuals with 152 clients and $381.45 million of assets under management. Among the 9 most similar advisory firms, Managed Account Services has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $816.91 million for 491 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.
Managed Account Services doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 Managed Account Services Inc performs its advisory services is located at 2665 S. Bayshore Dr., Coconut Grove, FL 33133, 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 305-443-3339 or by fax 305-443-3064. The normal business hours are 9:00 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at investorsolutions.com.