Fama Fiduciary Wealth LLC is a mid-sized advisory firm based in Rochester. It manages $45.59 million of regulatory assets for 159 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.
Fama Fiduciary Wealth provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and website. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Fama Fiduciary Wealth LLC is $45.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 53% 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 Fama Fiduciary Wealth 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Fama Fiduciary Wealth is high net worth individuals with 20 clients and $26.61 million of assets under management. Among the 3 most similar advisory firms, Fama Fiduciary Wealth has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $45.59 million for 47 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.
Fama Fiduciary Wealth doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 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 receive compensation from other entities for client referrals.
The principal office where Fama Fiduciary Wealth LLC performs its advisory services is located at 3445 Winton Place, Rochester, NY 14623, 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 585-292-6007 or by fax 585-481-2097. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at andrewfama.com and its LinkedIn profile.