F & S Asset Management Group, Inc. (Jacksonville)

F & S Asset Management Group, Inc. is a large advisory firm based in Jacksonville. It manages $38.42 million of regulatory assets for 998 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 21 other states.

F & S Asset Management Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

F & S Asset Management Group: assets under management

The assets under management (AUM) of F & S Asset Management Group, Inc. is $38.42 million. The firm's AUM has grown by 36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $38.12 million in discretionary accounts and $299.01 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $38.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $29.9 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay F & S Asset Management Group, 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.

Careers at F & S Asset Management Group, Inc.

Kenneth Wayne Mcleod has been acting as President since 1 May 2007. Anthony James Craft joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kenneth Wayne Mcleod	President/ceo	1 May 2007	75% - 100%	1458693
Kelly Ann Seaton	Chief compliance officer	1 Nov 2007	Other	4679651
Anthony James Craft	Chief compliance officer	1 May 2008	Other	2624065

Based in Jacksonville

The principal office where F & S Asset Management Group, Inc. performs its advisory services is located at 841 Prudential Drive, Jacksonville, FL 32207, which is also the mailing address of the firm. An additional office of the firm is in West Palm Beach, FL. It doesn’t run an office outside of the United States.