Radix Financial, LLC (Norman)

Name: Radix Financial, LLC
Address: 4513 Harrogate Drive, Norman, OK, 73072
Telephone: 405-673-5066

Radix Financial, LLC is a large advisory firm based in Norman. It manages $111.4 million of regulatory assets for 43 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Oklahoma and Texas.

Radix Financial provides portfolio management for individuals and small businesses and family office consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Radix Financial: assets under management

The assets under management (AUM) of Radix Financial, LLC is $111.4 million. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.51 million in discretionary accounts and $102.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $265.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $9.35 million.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Radix Financial, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Radix Financial serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Radix Financial is high net worth individuals with 8 clients and $13.88 million of assets under management. Among the 11 most similar advisory firms, Radix Financial has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $15.13 million for 23 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.

Radix Financial doesn't advise any private funds.

Careers at Radix Financial, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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
Amy Michelle Hubble	Principal and chief compliance officer	1 May 2014	75% - 100%	6332611

Based in Norman

The principal office where Radix Financial, LLC performs its advisory services is located at 4513 Harrogate Drive, Norman, OK 73072 The mailing address of the firm is Po Box 21764, Oklahoma City, OK 73156. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 405-673-5066 or by fax N/A. The normal business hours are not applicable - office visits by appointment only on Other. You can find more information about the New York firm at radixfinancial.com.