Slavic Mutual Funds Management Corp. (Boca Raton)

Name: Slavic Mutual Funds Management Corp.
Address: 1075 Broken Sound Parkway Nw, Boca Raton, FL, 33487 3540
Telephone: 561-241-9244

Slavic Mutual Funds Management Corp. is a large advisory firm based in Boca Raton. It manages $4.16 billion of regulatory assets for 909 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Slavic Mutual Funds Management Corp provides 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.

Slavic Mutual Funds Management Corp: assets under management

The assets under management (AUM) of Slavic Mutual Funds Management Corp. is $4.16 billion. The firm's AUM has grown by 5036% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.26 billion in discretionary accounts and $2.9 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.58 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.58 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Slavic Mutual Funds Management Corp. for their services and products based on a percentage of assets under management. 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.

What kind of clients John Julius Slavic serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of John Julius Slavic is pension and profit sharing plans with 537 clients and $4.15 billion of assets under management. Among the 9 most similar advisory firms, Slavic Mutual Funds Management Corp has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $4.16 billion for 912 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.

Slavic Mutual Funds Management Corp doesn't advise any private funds.

Careers at Slavic Mutual Funds Management Corp.

The company employs 12 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 6 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.

John Julius Slavic has been acting as President since 1 Dec 1986. Diganne S Celestin joined the executive team most recently as the Financial & Operations Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Julius Slavic	President/chief compliance officer	1 Dec 1986	50% - 75%	1651153
Michael Abraham Sandler	Stockholder	1 Dec 1986	25% - 50%	1651152
Daniel Glenn Carlen	Comptroller	1 Dec 1988	Other	2199946
Alan Hart Moore	Stockholder	1 May 1995	Other	338708
Daniel Glenn Carlen	Financial & operations principal	1 Aug 1997	Other	2199946
James Martin Schoenmaker	Stockholder	1 Apr 1998	Other	2704722
Lawrence Keith Egort	Stockholder	1 Jul 2007	Other	5503760
Peter James Hirz	Stockholder	1 Jul 2007	Other	5503763
Diganne S Celestin	Financial & operations principal	1 Oct 2008	Other	5017719

Based in Boca Raton

The principal office where Slavic Mutual Funds Management Corp. performs its advisory services is located at 1075 Broken Sound Parkway Nw, Boca Raton, FL 33487 3540, 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 561-241-9244 or by fax 561-241-1070. The normal business hours are 09:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at slavicira.com.