Assetbuilder, Inc. is a large advisory firm based in Plano. It manages $765.9 million of regulatory assets for 2,570 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Arizona, California, and 22 other states.
Assetbuilder 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 Assetbuilder, Inc. is $765.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2501% 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 Assetbuilder, Inc. 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, charitable organizations, and high net worth individuals. The largest group of clients of Assetbuilder is high net worth individuals with 380 clients and $430.5 million of assets under management. Among the 12 most similar advisory firms, Assetbuilder has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $765.9 million for 1,592 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.
Assetbuilder doesn't advise any private funds.
The company employs 12 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. No 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.
Michael James French has served as the Chief Investment Officer since 1 Jan 2019. Bruce Dallas Griffith joined the executive team most recently as the President & Chief Operating Officer.
The principal office where Assetbuilder, Inc. performs its advisory services is located at 1255 West 15 Th Street, Plano, TX 75075, 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 972-535-4040 or by fax 214-556-3848. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at assetbuilder.com.