Farrow Financial Inc (Randolph)

Name: Farrow Financial Inc
Address: 33 Sunset Hill Rd, Randolph, VT, 05060
Telephone: 802-728-4287

Farrow Financial Inc is a large advisory firm based in Randolph. It manages $164.54 million of regulatory assets for 492 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Florida, and 8 other states.

Farrow Financial provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Farrow Financial: assets under management

The assets under management (AUM) of Farrow Financial Inc is $164.54 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 139% since the beginning of its operation, and $4.07 million of the total AUM is attributable to clients outside of the United States.

The firm manages $164.54 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $334.44 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is other assets, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Farrow Financial Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Farrow Financial serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Farrow Financial is high net worth individuals with 81 clients and $139.11 million of assets under management. Among the 7 most similar advisory firms, Farrow Financial has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $164.42 million for 170 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.

Farrow Financial doesn't advise any private funds.

Careers at Farrow Financial Inc

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.

Deborah A Ackerman joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Ashby Farrow	Chief executive officer	1 Sep 1984	50% - 75%	4368816
John Ashby Farrow	Chief compliance officer	1 Apr 2004	50% - 75%	4368816
Jody Lee Richards	Managing partner	1 Jul 2005	25% - 50%	5658862
Jody Lee Davignon	Managing partner	1 Jul 2005	25% - 50%	5658862
Deborah A Ackerman	Chief compliance officer	1 Feb 2018	Other	6932931

Based in Randolph

The principal office where Farrow Financial Inc performs its advisory services is located at 33 Sunset Hill Rd, Randolph, VT 05060, 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 802-728-4287 or by fax 802-728-3124. The normal business hours are 8:00 a.m. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at farrowfinancial.com.