Financial Synergies Asset Management Inc is a large advisory firm based in Houston. It manages $695.7 million of regulatory assets for 1,395 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Georgia, Louisiana, and Texas.
Financial Synergies Asset Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Financial Synergies Asset Management Inc is $695.7 million. The firm's AUM has grown by 582% 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 Financial Synergies Asset Management Inc for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. 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, and pension and profit sharing plans. The largest group of clients of Michael Fred Booker is high net worth individuals with 352 clients and $657.49 million of assets under management. Among the 10 most similar advisory firms, Financial Synergies Asset Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $695.7 million for 485 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Financial Synergies Asset Management doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Michael Fred Booker has been acting as President since 1 Apr 1997. Barbara Marie Villard joined the executive team most recently as the Chief Compliance Officer/Director Of Operations.
The principal office where Financial Synergies Asset Management Inc performs its advisory services is located at 4265 San Felipe, Houston, TX 77027, 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 713-623-6600 or by fax 713-623-6771. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at finsyn.com.