Finkel Eliot Michelow (Beverly Hills)

Name: Finkel Eliot Michelow
Address: 9401 Wilshire Boulevard, Beverly Hills, CA, 90212
Telephone: 310-271-2521

Finkel Eliot Michelow is a large advisory firm based in Beverly Hills. It manages $147.52 million of regulatory assets for 210 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Finkel Eliot Michelow provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Finkel Eliot Michelow: assets under management

The assets under management (AUM) of Finkel Eliot Michelow is $147.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 397% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $147.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $702.49 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Finkel Eliot Michelow 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.

What kind of clients Finkel Eliot Michelow serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Finkel Eliot Michelow is high net worth individuals with 47 clients and $108.06 million of assets under management. Among the 8 most similar advisory firms, Finkel Eliot Michelow has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $147.52 million for 210 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.

Finkel Eliot Michelow doesn't advise any private funds.

Careers at Finkel Eliot Michelow

The company employs 3 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eliot Michelow Finkel	Managing member	1 Sep 1974	75% - 100%	4347629
Peter Heller Finkel	Member, chief compliance officer	1 Jan 2004	Other	2840047
Leonard Burton Collings	Partner	1 Jan 2004	Other	4754285

Based in Beverly Hills

The principal office where Finkel Eliot Michelow performs its advisory services is located at 9401 Wilshire Boulevard, Beverly Hills, CA 90212, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-271-2521 or by fax 310-385-0624. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at efinvest.com and its LinkedIn profile.