Edmp, Inc. (Lutz)

Name: Edmp, Inc.
Address: 136 Whitaker Road, Lutz, FL, 33549
Telephone: 813-960-9600

Edmp, Inc. is a large advisory firm based in Lutz. It manages $121.38 million of regulatory assets for 237 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, Louisiana, Nebraska, and 3 other states.

Edmp provides 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.

Edmp: assets under management

The assets under management (AUM) of Edmp, Inc. is $121.38 million. The firm's AUM has gone down by -39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $118.99 million in discretionary accounts and $2.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $506.36 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.19 million.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Edmp, Inc. 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.

What kind of clients Julie Cycenas Carnevale serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Julie Cycenas Carnevale is high net worth individuals with 43 clients and $84.59 million of assets under management. Among the 12 most similar advisory firms, Edmp has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $121.38 million for 167 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.

Edmp doesn't advise any private funds.

Careers at Edmp, Inc.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Julie Cycenas Carnevale has been acting as President since 1 Apr 2008. Lauren Nicole Geraci joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy W. Loudin	Sr vp	1 Apr 1998	Other	4361384
Charles Carmen Carnevale	Cco	1 Sep 2006	Other	41098
Julie Cycenas Carnevale	President	1 Apr 2008	50% - 75%	1317870
Lauren Nicole Geraci	Shareholder	1 Jan 2010	Other	6340981

Based in Lutz

The principal office where Edmp, Inc. performs its advisory services is located at 136 Whitaker Road, Lutz, FL 33549, 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 813-960-9600 or by fax 813-960-9609. The normal business hours are 8:30am to 4:00pm on Monday - Friday. You can find more information about the New York firm at edmpinc.org.