Synovus Securities, Inc. is a large advisory firm based in Columbus. It manages $2.73 billion of regulatory assets for 7,067 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 44 other states.
Synovus Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, educational seminars and workshops, and tax related services, administrative services. It prepares financial plans for approximately 1,500 clients. On top of advisory services, the firm also engages as tax related services.
The assets under management (AUM) of Synovus Securities, Inc. is $2.73 billion. The firm's AUM has grown by 96% 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 Synovus Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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.
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 Guy Leonard Sexton is individuals with 6,274 clients and $1.28 billion of assets under management. Among the 8 most similar advisory firms, Synovus Securities has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $2.73 billion for 7,067 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.
Synovus Securities doesn't advise any private funds.
The company employs 232 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 182 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.
Guy Leonard Sexton has been acting as President since 1 Aug 1985. Leigh Angela Wills joined the executive team most recently as the Chief Financial Officer/Financial Operations Principal.
The principal office where Synovus Securities, Inc. performs its advisory services is located at 1137 First Avenue 2 Nd Floor, Columbus, GA 31901 The mailing address of the firm is P.O. Box 2628, Columbus, GA 31902 2628. An additional office of the firm is in Perry, GA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 706-649-2327 or by fax 706-649-7147. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cfgltd.com.