Omnia Finance, LLC (Fargo)

Name: Omnia Finance, LLC
Address: 5256 50 Th Ave S, Fargo, ND, 58104
Telephone: 701-371-4432

Omnia Finance, LLC is an adviser based in Fargo. It manages $27.9 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of North Dakota.

Omnia Finance provides portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm also engages as bank consultant.

Omnia Finance: assets under management

The assets under management (AUM) of Omnia Finance, LLC is $27.9 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -88% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.9 million each.

Investments

The firm invests in government bonds the most. They account for 47% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 26% of the firm’s portfolio. Investments in state and local bonds form 22% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Omnia Finance, LLC for their services and products based on hourly charges and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Omnia Finance serves?

The only and largest group of clients of Omnia Finance is banking or thrift institutions with 1 clients and $27.9 million of assets under management. Among the 3 most similar advisory firms, Omnia Finance has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $27.9 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Omnia Finance doesn't advise any private funds.

Careers at Omnia Finance, 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. Only one employee is registered as an investment adviser representative 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
Sean Lee Burian	Managing member, founder and chief compliance officer	1 Nov 2011	75% - 100%	6003206

Based in Fargo

The principal office where Omnia Finance, LLC performs its advisory services is located at 5256 50 Th Ave S, Fargo, ND 58104, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 701-371-4432. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at omniafinancellc.com.