Fma Advisory Inc is a large advisory firm based in Harrisburg. It manages $411.73 million of regulatory assets for 1,098 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 8 other states.
Fma Advisory provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Fma Advisory Inc is $411.73 million. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Fma Advisory Inc for their services and products based on a percentage of assets under management, hourly charges, 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, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Peter Joseph Labella is high net worth individuals with 274 clients and $271.46 million of assets under management. Among the 11 most similar advisory firms, Fma Advisory has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $411.73 million for 419 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.
Fma Advisory doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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.
Peter Joseph Labella has been acting as President since 1 Jul 1987. John Joseph Klobusicky has served as the Chief Investment Officer since 1 Mar 2015. Scott David Ehrig joined the executive team most recently as the Co Chief Investment Officer.
The principal office where Fma Advisory Inc performs its advisory services is located at 1631 North Front Street, Harrisburg, PA 17102, 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 717-232-8850 or by fax 717-232-7737. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at fma-advisory.com.