United Income, Inc. is a large advisory firm based in Washington. It manages $746.05 million of regulatory assets for 750 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Colorado, and 23 other states.
United Income provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of United Income, Inc. is $746.05 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 645% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay United Income, Inc. for their services and products based on a percentage of assets under management 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, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jeffrey David Oberstein is high net worth individuals with 169 clients and $428.19 million of assets under management. Among the 10 most similar advisory firms, United Income has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $746.05 million for 750 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.
United Income doesn't advise any private funds.
The company employs 44 people that are either part- or full-time employees. 34 percent of the employees work as investment advisers or researchers. 15 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.
Jeffrey David Oberstein has been acting as President since 1 Aug 2018. Allison Ann Ferko joined the executive team most recently as the Chief Legal Officer.
The principal office where United Income, Inc. performs its advisory services is located at 1660 L St. Nw, Washington, DC 20036, which is also the mailing address of the firm. An additional office of the firm is in Hunt Valley, MD. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 202-558-2017 or by fax 855-215-3032. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at unitedincome.com.