Albitz/Miloe And Associates, Inc. is a large advisory firm based in Torrance. It manages $322.56 million of regulatory assets for 830 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Florida, and 5 other states.
Albitz/Miloe And Associates provides portfolio management for individuals and small businesses and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Albitz/Miloe And Associates, Inc. is $322.56 million. The firm's AUM has grown by 510% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Albitz/Miloe And Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Albitz/Miloe And Associates is high net worth individuals with 97 clients and $202.01 million of assets under management. Among the 11 most similar advisory firms, Albitz/Miloe And Associates has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $322.24 million for 444 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.
Albitz/Miloe And Associates doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
The principal office where Albitz/Miloe And Associates, Inc. performs its advisory services is located at 23133 Hawthorne Blvd., Ste 305, Torrance, CA 90505, 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 310-373-8861 or by fax 310-791-2068. The normal business hours are 7:30 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at albitzmiloe.com.