Albitz/Miloe And Associates, Inc
Answer a few questions and
get matched with an advisor.
Learn more about Albitz/Miloe And Associates, Inc
Overview
Albitz/Miloe And Associates, Inc is a financial advisor company that has its headquarters in Torrance, California. Albitz/Miloe And Associates, Inc administers $534.7 million in total assets across 1,172 customer accounts, making it one of the larger firms in the country by assets under management (AUM). Albitz/Miloe And Associates, Inc has a small team, including 5 financial advisors. Albitz/Miloe And Associates, Inc is not a registered broker-dealer, meaning it is not able to buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are defined as exchangable fiscal assets such as options, equities and bonds.
Albitz/Miloe And Associates, Inc manages more than half of the firm's client assets in a discretionary manner. Discretionary management means that an investment advisor has the discretion to make buy and sell judgments for the client's account without needing to seek client authorization. It also oversees six non-discretionary accounts with a total of $2.1 million in assets. The firm's average account size is $456,244. The typical financial advisor at Albitz/Miloe And Associates, Inc oversees around 234 client accounts.
The company's headquarters is located at 23133 Hawthorne Blvd., Ste 305, Torrance, California 90505. The firm is allowed to provide services to investors across a few states, including Arizona, California, Colorado, Florida, Hawaii, Nevada, New York, Oregon, Texas and Washington.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Albitz/Miloe And Associates, Inc by the Numbers
$534.7 million
5
1,172
$456.2 thousand
Fee Structure
Fees for financial management usually are based on which services the firm provides the client. Fee types billed by the firm most likely consist of any blend of the following fee types: asset-based, hourly or fixed. The company does not provide a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 21% of firms
Hourly
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company works with retail investors and high net worth investors. Out of its 1,172 accounts, Albitz/Miloe And Associates, Inc's biggest client is retail investors, although it also serves 162 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its clients are represented by non-U.S. persons.
- High-Net-Worth Individuals* - 27.6%
- Other Individuals - 72.4%
- Corporations - 0%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Albitz/Miloe And Associates, Inc does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Albitz/Miloe And Associates, Inc
Torrance, CA
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.