First Mason Financial, LLC (Medina)

Name: First Mason Financial, LLC
Address: 33 Public Square, Medina, OH, 44256
Telephone: 330-722-5777

First Mason Financial, LLC is a large advisory firm based in Medina. It manages $441 million of regulatory assets for 249 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Ohio and Texas.

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

First Mason Financial: assets under management

The assets under management (AUM) of First Mason Financial, LLC is $441 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in other assets the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Mason Financial, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients First Mason Financial serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of First Mason Financial is pension and profit sharing plans with 6 clients and $320 million of assets under management. Among the 9 most similar advisory firms, First Mason Financial has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $441 million for 277 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.

First Mason Financial doesn't advise any private funds.

Careers at First Mason Financial, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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
Daniel Jerome Mason	President & chief compliance officer	1 Aug 2007	75% - 100%	4430474

Based in Medina

The principal office where First Mason Financial, LLC performs its advisory services is located at 33 Public Square, Medina, OH 44256, 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 330-722-5777 or by fax 330-232-8677. The normal business hours are 8-6 on Monday - Friday. You can find more information about the New York firm at firstmasonfinancial.com.