Investors Asset Management Of Georgia Inc (Atlanta)

Name: Investors Asset Management Of Georgia Inc
Address: 7000 Peachtree Dunwoody Road, Atlanta, GA, 30328
Telephone: 770-394-5619

Investors Asset Management Of Georgia Inc is a large advisory firm based in Atlanta. It manages $189.54 million of regulatory assets for 438 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Georgia, Louisiana, and 4 other states.

Investors Asset Management Of Georgia 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, and publication of newsletters. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Investors Asset Management Of Georgia: assets under management

The assets under management (AUM) of Investors Asset Management Of Georgia Inc is $189.54 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 643% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $189.54 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $432.74 thousand each.

Investors Asset Management Of Georgia has custody of $59.72 million in cash and securities for 130 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is investment and business development companies, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investors Asset Management Of Georgia Inc 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.

What kind of clients Investors Asset Management Of Georgia serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Investors Asset Management Of Georgia is high net worth individuals with 136 clients and $132.33 million of assets under management. Among the 13 most similar advisory firms, Investors Asset Management Of Georgia has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $187.64 million for 225 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.

Investors Asset Management Of Georgia doesn't advise any private funds.

Careers at Investors Asset Management Of Georgia Inc

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Michael Rigby	President, chief compliance officer	1 Mar 1990	Other	848277
Fredrick Scott Brumfield	Vice president	1 Mar 1990	Other	1102965
Olin Mark Armentrout	Vice president	1 Mar 1990	Other	1288000
Samuel Jackson Carlyle	Vice president	1 Mar 1990	Other	826992
Gregory Ralph Waters	Vice president	1 Mar 1990	Other	1643739
Hobert Daniel Farmer	Vice president	1 Apr 1990	Other	1670282
Robert Mclean Lyons	Vice president	1 Mar 1993	Other	843645
George Albert Robinson	Vice president	1 Jul 1996	Other	2223827

Based in Atlanta

The principal office where Investors Asset Management Of Georgia Inc performs its advisory services is located at 7000 Peachtree Dunwoody Road, Atlanta, GA 30328, 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 770-394-5619 or by fax 770-394-5532. The normal business hours are 9:00-4:00 on Monday - Friday. You can find more information about the New York firm at investorsassetmanagement.com.