Goalen Financial Advisors, LLC (Salt Lake City)

Goalen Financial Advisors, LLC is a related adviser based in Salt Lake City. It manages $1.9 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Utah.

Goalen Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Goalen Financial Advisors: assets under management

The assets under management (AUM) of Goalen Financial Advisors, LLC is $1.9 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $90.7 thousand each.

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 several streams of revenue. Clients pay Goalen Financial Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Goalen Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Goalen Financial Advisors is individuals with 11 clients and $1.34 million of assets under management. Among the 0 most similar advisory firms, Goalen Financial Advisors has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.9 million for 12 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.

Goalen Financial Advisors doesn't advise any private funds.

Careers at Goalen Financial Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Eric Michael Jacobsen	Managing member/chief compliance officer	1 Jul 2017	50% - 75%	2155456
Amy Jacobsen	Member	1 Jul 2017	50% - 75%	6430489
Stephen Goalen	Member	1 Jul 2017	Other	5183532
Jacobsen Capital Management	Owner	1 Jul 2017	75% - 100%	116085
S.A.G Llc	Owner	1 Jul 2017	Other	36-4908058

Based in Salt Lake City

The principal office where Goalen Financial Advisors, LLC performs its advisory services is located at 101 S. 200 East, Salt Lake City, UT 84111, 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 801-746-7171 or by fax 385.313.8631. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.