Transition Financial Advisors Group, Inc. (Gilbert)

Name: Transition Financial Advisors Group, Inc.
Address: 468 E. Bridle Way, Gilbert, AZ, 85295
Telephone: (480) 722-9414

Transition Financial Advisors Group, Inc. is a large advisory firm based in Gilbert. It manages $135.53 million of regulatory assets for 419 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, Florida, and Texas.

Transition Financial Advisors Group provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and consulting and financial planning, book sales, tax preparation. It prepares financial plans for less than 10 clients. On top of advisory services, the firm also engages as canada-u.s. financial planning, book sales.

Transition Financial Advisors Group: assets under management

The assets under management (AUM) of Transition Financial Advisors Group, Inc. is $135.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 267% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $135.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $323.47 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 83% of the total AUM. The second-largest asset type is state and local bonds, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Transition Financial Advisors Group, 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.

What kind of clients Transition Financial Advisors Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Transition Financial Advisors Group is high net worth individuals with 59 clients and $118.84 million of assets under management. Among the 10 most similar advisory firms, Transition Financial Advisors Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $134.78 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.

Transition Financial Advisors Group doesn't advise any private funds.

Careers at Transition Financial Advisors Group, Inc.

The company employs 4 people that are either part- or full-time employees. 50 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 compensates 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
Brian Dale Wruk	President and chief compliance officer	1 Jan 2001	Other	3090420
Wruk Family Trust	Shareholder	1 Jan 2001	75% - 100%	xxx-xx-xxxx
Kathleen Elizabeth Wruk	Treasurer	1 Jan 2001	Other	4461186
Brian D Wruk	President and chief compliance officer	1 Jan 2001	Other	3090420

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kathleen Elizabeth Wruk	Trustee/beneficiary	1 May 1999	50% - 75%	4461186
Brian Dale Wruk	Trustee/beneficiary	1 May 1999	50% - 75%	3090420
Brian D Wruk	Trustee/beneficiary	1 May 1999	50% - 75%	3090420

Based in Gilbert

The principal office where Transition Financial Advisors Group, Inc. performs its advisory services is located at 468 E. Bridle Way, Gilbert, AZ 85295 The mailing address of the firm is 2487 S. Gilbert Road, Gilbert, AZ 85295 2835. An additional office of the firm is in Miami, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (480) 722-9414 or by fax (480) 812-2090. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at transitionfinancial.com.