Fundamentum, LLC is a large advisory firm based in Beachwood. It manages $296.75 million of regulatory assets for 1,333 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Fundamentum 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.
The assets under management (AUM) of Fundamentum, LLC is $296.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10326% since the beginning of its operation, and $497.99 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Fundamentum, LLC 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 firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Fundamentum is high net worth individuals with 74 clients and $137.11 million of assets under management. Among the 11 most similar advisory firms, Fundamentum has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $282.46 million for 837 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.
Fundamentum doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 10 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.
The principal office where Fundamentum, LLC performs its advisory services is located at 3750 Park East Drive Suite 200, Beachwood, OH 44122, 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 (866) 553-9882 or by fax N/A. The normal business hours are 8:00am-5:00pm on Monday - Friday.