Financial Designs Corporation (Claremont)

Name: Financial Designs Corporation
Address: 540 W. Baseline Rd, Claremont, CA, 91711 5805
Telephone: 909-626-1642

Financial Designs Corporation is a large advisory firm based in Claremont. It manages $344.36 million of regulatory assets for 1,228 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 6 other states.

Financial Designs Corporation provides financial planning services, portfolio management for individuals and small businesses, and asset allocation. It prepares financial plans for approximately 516 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Designs Corporation: assets under management

The assets under management (AUM) of Financial Designs Corporation is $344.36 million. The firm's AUM has grown by 165% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $251.52 million in discretionary accounts and $92.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $276.1 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $292.86 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Designs Corporation 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 Nino Gabriel Pavan serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Nino Gabriel Pavan is high net worth individuals with 113 clients and $182.26 million of assets under management. Among the 10 most similar advisory firms, Financial Designs Corporation has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $344.36 million for 516 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.

Financial Designs Corporation doesn't advise any private funds.

Careers at Financial Designs Corporation

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Nino Gabriel Pavan has been acting as President since 1 Jan 1996. Fdc Holdings Corporation joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Judy Ann Bilecki	Vice president	1 Mar 1981	Other	xxx-xx-xxxx
Ronald Allan Bilecki	Chairman of the board and treasurer	1 Mar 1981	Other	803553
Nino Gabriel Pavan	President	1 Jan 1996	Other	2358609
Sean Paul Bilecki	V.p. , chief financial officer	1 Jan 1996	Other	1906091
Ttees Of The Bilecki Family Trust Dated 5 5 78 Ronald A. Bilecki & Judy A. Bilecki	Owner, living trust	1 Apr 1996	75% - 100%	95-6638882
Ttees Of The 2002 Bilecki Family Trust Dated 8 27 02 Ronald A. Bilecki & Judy A. Bilecki	Owner, living trust "569-56-0084"	1 Aug 2002	75% - 100%	56-9560084
Greg Alan Morton	Chief compliance officer/director of finance	1 Oct 2012	Other	5771231
Fdc Holdings Corporation	Shareholder	1 Jan 2017	75% - 100%	81-4068055

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
The 2008 Pavan Family Trust	Shareholder	1 Jan 2017	75% - 100%	81-4068055

Based in Claremont

The principal office where Financial Designs Corporation performs its advisory services is located at 540 W. Baseline Rd, Claremont, CA 91711 5805, 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 909-626-1642 or by fax 909-626-1529. 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 financialdesignscorp.com.