Trustcore Financial Services, LLC is a large advisory firm based in Brentwood. It manages $1.26 billion of regulatory assets for 6,035 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, California, Colorado, and 15 other states.
Trustcore Financial Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 2,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Trustcore Financial Services, LLC is $1.26 billion. The firm's AUM has grown by 0% since the beginning of its operation, and $749 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Trustcore Financial Services, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Mikael Winnie Jacobs is high net worth individuals with 417 clients and $917.51 million of assets under management. Among the 9 most similar advisory firms, Trustcore Financial Services has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.26 billion for 1,753 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.
Trustcore Financial Services doesn't advise any private funds.
The company employs 42 people that are either part- or full-time employees. 64 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.
Mikael Winnie Jacobs has been acting as President since 1 Dec 2017. Mikael Allen Jacobs joined the executive team most recently as the Partner.
The principal office where Trustcore Financial Services, LLC performs its advisory services is located at 5314 Maryland Way, Brentwood, TN 37027 6219, 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 615-377-1177 or by fax 615-371-1941. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at trustcore.com and its LinkedIn profile.