Future Financial Wealth Management Group, LLC (Cincinnati)

Name: Future Financial Wealth Management Group, LLC
Address: 7817 Cooper Road,, Cincinnati, OH, 45242
Telephone: 513-817-3131

Future Financial Wealth Management Group, LLC is a large advisory firm based in Cincinnati. It manages $114.76 million of regulatory assets for 464 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Florida, Kentucky, Ohio, and Texas.

Future Financial Wealth Management Group provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Future Financial Wealth Management Group: assets under management

The assets under management (AUM) of Future Financial Wealth Management Group, LLC is $114.76 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $114.76 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $247.33 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is investment and business development companies, which make up 26% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Future Financial Wealth Management Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Future Financial Wealth Management Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Future Financial Wealth Management Group is high net worth individuals with 32 clients and $80.12 million of assets under management. Among the 9 most similar advisory firms, Future Financial Wealth Management Group has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $109.8 million for 161 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.

Future Financial Wealth Management Group doesn't advise any private funds.

Careers at Future Financial Wealth Management Group, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dennis Paul Marinich	Managing member	1 Apr 2016	50% - 75%	1010011

Based in Cincinnati

The principal office where Future Financial Wealth Management Group, LLC performs its advisory services is located at 7817 Cooper Road,, Cincinnati, OH 45242, 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 513-817-3131 or by fax 513-817-3134. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at future-financial.net/ and its LinkedIn profile.