Efficient Advisors, LLC is a large advisory firm based in Philadelphia. It manages $1.08 billion of regulatory assets for 6,006 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Arizona, California, and 36 other states.
Efficient Advisors provides financial planning services, portfolio management for individuals and small businesses, 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 Efficient Advisors, LLC is $1.08 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 26050% 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 Efficient Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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, and pension and profit sharing plans. The largest group of clients of Gerrit Andrew Fedele is individuals with 2,552 clients and $474.93 million of assets under management. Among the 9 most similar advisory firms, Efficient Advisors has the 3rd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.08 billion for 2,904 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.
Efficient Advisors doesn't advise any private funds.
The company employs 21 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.
There are 116 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.
Efficient Advisors, LLC is owned by Mark Bruce Klein. Gerrit Andrew Fedele has been acting as President since 1 Dec 2014. James Russell Hadaway joined the executive team most recently as the Chief Compliance Officer.
The principal office where Efficient Advisors, LLC performs its advisory services is located at 1801 Market Street, Philadelphia, PA 19103, 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 267-613-6250 or by fax 267-613-6259. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at efficientadvisors.com.