Financial & Tax Architects, Inc. (St. Louis)

Financial & Tax Architects provides financial planning services, portfolio management for individuals and small businesses, educational seminars and workshops, and sub-advisory services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial & Tax Architects: assets under management

The assets under management (AUM) of Financial & Tax Architects, Inc. is $82.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $82.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $87.03 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial & Tax Architects, Inc. for their services and products based on a percentage of assets under management 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.

What kind of clients David Scott Brooks serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of David Scott Brooks is individuals with 120 clients and $19.5 million of assets under management. Among the 4 most similar advisory firms, Financial & Tax Architects has the 2nd lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $38.01 million for 161 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 & Tax Architects doesn't advise any private funds.

Careers at Financial & Tax Architects, Inc.

The company employs 21 people that are either part- or full-time employees. 76 percent of the employees work as investment advisers or researchers. 16 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.

David Scott Brooks has been acting as President since 1 Jul 1999. Andrew Vincent Claus joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Based in St. Louis

The principal office where Financial & Tax Architects, Inc. performs its advisory services is located at 12412 Powerscourt Drive, St. Louis, MO 63131, which is also the mailing address of the firm. An additional office of the firm is in Columbia, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-858-1122 or by fax 314-787-1507. The normal business hours are 9-4 on Monday - Friday. You can find more information about the New York firm at ftawealthadvisors.com.

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