Frazier Financial Consultants, LLC (Chapel Hill)

Name: Frazier Financial Consultants, LLC
Address: 109 Conner Drive, Chapel Hill, NC, 27514
Telephone: 919-929-6940

Frazier Financial Consultants, LLC is a large advisory firm based in Chapel Hill. It manages $112.51 million of regulatory assets for 302 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of New York and North Carolina.

Frazier Financial Consultants provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Frazier Financial Consultants: assets under management

The assets under management (AUM) of Frazier Financial Consultants, LLC is $112.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $112.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $372.54 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 72% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Frazier Financial Consultants, LLC 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.

What kind of clients Frazier Financial Consultants serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Frazier Financial Consultants is high net worth individuals with 32 clients and $87.35 million of assets under management. Among the 11 most similar advisory firms, Frazier Financial Consultants has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $112.51 million for 90 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.

Frazier Financial Consultants doesn't advise any private funds.

Careers at Frazier Financial Consultants, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Deborah Jane Frazier	Managing member and cco	1 Jan 1986	75% - 100%	4411668
Deborah Jane Frazier	Chief compliance officer	1 Jul 2004	75% - 100%	4411668
Richard Patrick Frazier	Member	1 Dec 2007	Other	5392241

Based in Chapel Hill

The principal office where Frazier Financial Consultants, LLC performs its advisory services is located at 109 Conner Drive, Chapel Hill, NC 27514, which is also the mailing address of the firm. An additional office of the firm is in Sommers, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 919-929-6940 or by fax 919-967-1190. The normal business hours are by appointments on Monday - Friday. You can find more information about the New York firm at frazierfinancialconsultants.com.