Azroc Inc. (Monroeville)

Azroc Inc. is a large advisory firm based in Monroeville. It manages $56.64 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Pennsylvania.

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

Azroc: assets under management

The assets under management (AUM) of Azroc Inc. is $56.64 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.23 million in discretionary accounts and $55.41 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $410 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $18.47 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Azroc Inc. for their services and products based on a percentage of assets under management, hourly charges, commissions, and performance-based fees. 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.

Careers at Azroc Inc.

Mohammad Azhar Samad has been acting as President since 1 Jul 2000. Mohammad Abdus Samad joined the executive team most recently as the Vice President Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mohammad Abdus Samad	Vice president - director	1 Jul 2000	Other	4434083
Ramona Rose Kernan	Corporate secretary	1 Jul 2000	Other	1938013
Mohammad Azhar Samad	President	1 Jul 2000	75% - 100%	2023875

Based in Monroeville

The principal office where Azroc Inc. performs its advisory services is located at 104 Jonnet Building, Monroeville, PA 15146, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.