Amussen, Hunsaker & Associates, LLC (Salt Lake City)

Name: Amussen, Hunsaker & Associates, LLC
Address: 275 South Temple Suite 204, Salt Lake City, UT, 84111
Telephone: 801-575-6427

Amussen, Hunsaker & Associates, LLC is a large advisory firm based in Salt Lake City. It manages $189.52 million of regulatory assets for 433 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Hawaii, and 5 other states.

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

Amussen, Hunsaker & Associates: assets under management

The assets under management (AUM) of Amussen, Hunsaker & Associates, LLC is $189.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $189.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $437.69 thousand each.

Amussen, Hunsaker & Associates has custody of $189.52 million in cash and securities for 294 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is investment and business development companies, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Amussen, Hunsaker & Associates, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Brian Ward Hunsaker serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Brian Ward Hunsaker is high net worth individuals with 23 clients and $118.97 million of assets under management. Among the 13 most similar advisory firms, Amussen, Hunsaker & Associates has the 7th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $189.51 million for 293 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.

Amussen, Hunsaker & Associates doesn't advise any private funds.

Careers at Amussen, Hunsaker & Associates, LLC

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 4 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Brian Ward Hunsaker has been acting as President since 1 Jan 2000. Sarah Marie Boman joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Franz Salzner Amussen	Ceo	1 Jan 2000	50% - 75%	1403347
Brian Ward Hunsaker	President/chief compliance officer	1 Jan 2000	50% - 75%	2020121
Brett Michael Pattison	Member	1 Jan 2015	Other	5684576
Sarah Marie Boman	Chief compliance officer	1 Oct 2018	Other	7041858

Based in Salt Lake City

The principal office where Amussen, Hunsaker & Associates, LLC performs its advisory services is located at 275 South Temple Suite 204, Salt Lake City, UT 84111, 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 801-575-6427 or by fax 801-575-3500. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at investmenteducationpodcast.com/ and its LinkedIn profile.