Financial Security Management, Inc

CRD#116570
Investment Advisor Firm

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Overview

Financial Security Management, Inc is a financial advisor company headquartered in Denver, Colorado. The company controls $365.5 million in total assets throughout 2,325 customer accounts, placing it among the larger financial advisory firms in the United States by assets under management (AUM). The company has a small team, including 5 financial advisors. Financial Security Management, Inc does not act as a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its own accounts as well as its customers' and instead is required to go through a broker-dealer firm to do so. Securities are defined as exchangable financial assets such as options, stocks and bonds.

Financial Security Management, Inc administers all of the firm's client assets on a discretionary basis. Discretionary management signifies that transaction choices for the client's account are made by a portfolio manager without requiring the client's approval. The advisory firm administers about $157,189 for every client account. The typical financial advisor at Financial Security Management, Inc oversees around 465 client accounts.

Financial Security Management, Inc's headquarters is located at 2535 S Lewis Way, Denver, Colorado 80227-6551. It is registered to serve customers throughout 17 U.S. states and territories.

Assets Under Management

$365.5 million

Number of Advisors

5

Disclosures

No

Office Location

2535 S Lewis Way
Denver, CO 80227-6551

Financial Security Management, Inc by the Numbers

Total Assets Under Management

$365.5 million

National Average: $8.6 billion
Total Number of Employees

8

National Average: 64
Total Number of Accounts

2,325

National Average: 375,227
Average Account Size

$157.2 thousand

National Average: $23.0 thousand
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Products and Services

Financial services offered by Financial Security Management, Inc include financial planning services and portfolio management for individuals and small businesses. In the prior fiscal year, Financial Security Management, Inc provided financial planning services to 1000 of its clients. Financial Security Management, Inc does sell products or offer services different than investment advice to its customers. The firm is affiliated with a number of other service providers in the financial services industry, including with a real estate broker or dealer.

Core Advisor Services

  • Offered by 31% of firms

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 46% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

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Fee Structure

Financial advisory fees usually depend on which services the firm provides the client. Fees billed by the firm can be comprised of any combination of the following fee structures: asset-based or hourly. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.

Available

  • Offered by 69% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 21% of firms

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

Unavailable

  • Find one of the 1% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 26% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 0% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 32% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 10% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

It caters to retail investors and high net worth investors. Out of its 2,325 clients, Financial Security Management, Inc's largest client is retail investors, though it also serves 195 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's customers are represented by people from outside of the U.S.

  • High-Net-Worth Individuals* - 18.84%
  • Other Individuals - 81.16%
  • 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.

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Disclosures

Financial Security Management, Inc does not have any disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at Financial Security Management, Inc

Sara Keith
Denver, CO
Kelli Wallace
Denver, CO
Douglas Johnson
Denver, CO
Jeffrey Larkin
Denver, CO
Roy Gibson
Denver, CO

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