Spc Financial Inc (Rockville)

Name: Spc Financial Inc
Address: 3202 Tower Oaks Blvd, Rockville, MD, 20852 4219
Telephone: 301-770-6800

Spc Financial Inc is a large advisory firm based in Rockville. It manages $628.03 million of regulatory assets for 1,919 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 20 other states.

Spc Financial provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for approximately 700 clients. On top of advisory services, the firm doesn't engage in other business activities.

Spc Financial: assets under management

The assets under management (AUM) of Spc Financial Inc is $628.03 million. The firm's AUM has grown by 181% since the beginning of its operation, and $3.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $623.61 million in discretionary accounts and $4.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $327.53 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $294.64 thousand.

Spc Financial has custody of $6.57 million in cash and securities for 27 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is government bonds, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spc Financial Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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.

What kind of clients Spc Financial serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Spc Financial is high net worth individuals with 301 clients and $486.34 million of assets under management. Among the 12 most similar advisory firms, Spc Financial has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $628.03 million for 712 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Spc Financial doesn't advise any private funds.

Careers at Spc Financial Inc

The company employs 24 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. 14 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Geoffrey Sella	Ceo	1 Jul 1989	75% - 100%	735258
William Gregory Chatfield	Secretary	1 Jul 1989	Other	1411174
Clara A B Nance	Exec. vice president	1 Jul 1989	Other	1262630
Leo Daniel Martinic	Treasurer	1 Dec 2002	Other	3170107
James Sidney Jones	Chief compliance officer	1 Jun 2007	Other	1245472
Mariann Brand Miller	Chief compliance officer	1 Dec 2010	Other	1217195
Daniel Abraham Ball	General counsel and cco	1 Oct 2015	Other	6565538

Based in Rockville

The principal office where Spc Financial Inc performs its advisory services is located at 3202 Tower Oaks Blvd, Rockville, MD 20852 4219, 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 301-770-6800 or by fax 301-770-9031. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at spcfinancial.com.