Planmember Securities Corporation is a large advisory firm based in Carpinteria. It manages $4.29 billion of regulatory assets for 73,525 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Planmember Securities Corporation 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, educational seminars and workshops, and provides investment supervisory services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Planmember Securities Corporation is $4.29 billion. The firm's AUM has grown by 615% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Planmember Securities Corporation for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Jon Michael Ziehl is individuals with 73,206 clients and $4.04 billion of assets under management. Among the 10 most similar advisory firms, Planmember Securities Corporation has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $4.29 billion for 73,525 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.
Planmember Securities Corporation doesn't advise any private funds.
The company employs 274 people that are either part- or full-time employees. 49 percent of the employees work as investment advisers or researchers. 123 employees are registered as investment adviser representatives with the state securities authorities.
There are 728 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jon Michael Ziehl has been acting as President since 1 Sep 1984. Byron Francis Bowman joined the executive team most recently as the Chief Legal Officer & Secretary.
The principal office where Planmember Securities Corporation performs its advisory services is located at 6187 Carpinteria Avenue, Carpinteria, CA 93013, which is also the mailing address of the firm. An additional office of the firm is in Redlands, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 805-684-1199 or by fax 805-684-3500. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at planmember.com.