Mcbroom & Associates, LLC
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Overview
Mcbroom & Associates, LLC is an advisory company based in Las Vegas, Nevada. It controls $124.2 million in total assets throughout 161 client accounts, making it a mid-tier investment advisory firm in the country by assets under management (AUM). It has a small group, including 3 financial advisors. Mcbroom & Associates, LLC is not a registered broker-dealer, meaning it cannot buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer company to do so. Securities are defined as tradable fiscal investments like equities, options and bonds.
Mcbroom & Associates, LLC manages most of the firm's accounts on a discretionary basis. Discretionary management signifies that transaction judgments for the client's account are made by an investment advisor without requiring the customer's consent. It also administers four non-discretionary accounts with a total of $681,777 in AUM. The investment advisory firm oversees an average of $771,347 in assets for each account. The average financial advisor at Mcbroom & Associates, LLC manages around 54 client accounts, making it about average in terms of personalization.
The company's headquarters is located at 1635 Village Center Cir, Las Vegas, Nevada 89134-6375. The company is legally permitted to provide services to clients across a number of states, including Arizona, California and Nevada.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Mcbroom & Associates, LLC by the Numbers
$124.2 million
4
161
$771.3 thousand
Fee Structure
Fees charged by financial advisors depend on which services the firm provides the client. Fees charged by Mcbroom & Associates, LLC typically consist of the following fee structure: asset-based. Mcbroom & Associates, LLC does not provide a wrap fee program, in which the company offers a service bundle for a comprehensive fee.
Available
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Offered by 69% of firms
Percentage of Assets
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company caters to retail investors, high net worth investors, charitable organizations and corporations. Out of its 161 clients, Mcbroom & Associates, LLC's largest client group by number of accounts is high net worth investors, though it also manages money for 49 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 in AUM or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 3% of the firm's accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 60.49%
- Other Individuals - 32.1%
- Corporations - 1.23%
- Charitable Organizations - 6.17%
* 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
Mcbroom & Associates, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Mcbroom & Associates, LLC
Las Vegas, NV
Las Vegas, NV
Las Vegas, NV
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