Zega Financial, LLC is a large advisory firm based in West Palm Beach. It manages $385.38 million of regulatory assets for 2,461 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 33 other states.
Zega Financial provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. 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 Zega Financial, LLC is $385.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 269% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Zega Financial, LLC 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Zega Financial is individuals with 148 clients and $342.63 million of assets under management. Among the 10 most similar advisory firms, Zega Financial has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $385.38 million for 196 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.
Zega Financial doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Zega Financial, LLC performs its advisory services is located at 777 Flagler Drive, West Palm Beach, FL 33401, which is also the mailing address of the firm. An additional office of the firm is in Omaha, NE. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-380-9342 or by fax 888-522-7470. The normal business hours are 9:00 a.m. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at zegafinancial.com.