United Advisors America Corporation is a multi-state adviser based in Frisco. It manages $48.5 million of regulatory assets for 643 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, Arkansas, Florida, and 16 other states.
United Advisors America Corporation provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of United Advisors America Corporation is $48.5 million. The firm's AUM has grown by 14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay United Advisors America Corporation for their services and products based on a percentage of assets under management. 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 only and largest group of clients of Richard Lynn Follett is individuals with 476 clients and $48.5 million of assets under management. Among the 1 most similar advisory firms, United Advisors America Corporation has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $48.5 million for 476 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 Advisors America Corporation doesn't advise any private funds.
The company employs 23 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 23 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.
Richard Lynn Follett has been acting as President since 1 Jul 2015. Richard L Follett joined the executive team most recently as the Member.
The principal office where United Advisors America Corporation performs its advisory services is located at 4645 Wyndham Lane, Frisco, TX 75033, which is also the mailing address of the firm. An additional office of the firm is in Schaumburg, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 469-287-5095. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at unitedadvisors.com.