Amdg Financial Advisory Services, LLC (Plymouth)

Name: Amdg Financial Advisory Services, LLC
Address: 218 South Main Street, Plymouth, MI, 48170
Telephone: 734-737-0866

Amdg Financial Advisory Services, LLC is a large advisory firm based in Plymouth. It manages $136.36 million of regulatory assets for 237 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Illinois, Michigan, and 3 other states.

Amdg Financial Advisory Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Amdg Financial Advisory Services: assets under management

The assets under management (AUM) of Amdg Financial Advisory Services, LLC is $136.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 434% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $136.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $575.38 thousand each.

Amdg Financial Advisory Services has custody of $3.01 million in cash and securities for 19 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in government bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Amdg Financial Advisory Services, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Amdg Financial Advisory Services serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Amdg Financial Advisory Services is high net worth individuals with 38 clients and $63.88 million of assets under management. Among the 9 most similar advisory firms, Amdg Financial Advisory Services has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $136.36 million for 237 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.

Amdg Financial Advisory Services doesn't advise any private funds.

Careers at Amdg Financial Advisory Services, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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
Wayne Brown Titus	Member/chief compliance officer	1 Jan 2002	75% - 100%	4511557
Rebecca Joy Stroud	Member	1 Jan 2017	Other	4199178
Ramey L Becker	Member	1 Jan 2018	Other	6928201

Based in Plymouth

The principal office where Amdg Financial Advisory Services, LLC performs its advisory services is located at 218 South Main Street, Plymouth, MI 48170, 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 734-737-0866 or by fax 734-737-0877. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at amdgservices.com.