Accurate Investment Solutions, Inc. (Seven Fields)

Name: Accurate Investment Solutions, Inc.
Address: 310 Seven Fields Blvd., Seven Fields, PA, 16046
Telephone: 724-353-1800

Accurate Investment Solutions, Inc. is a large advisory firm based in Seven Fields. It manages $279.11 million of regulatory assets for 1,285 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Georgia, Maryland, and 8 other states.

Accurate Investment Solutions provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Accurate Investment Solutions: assets under management

The assets under management (AUM) of Accurate Investment Solutions, Inc. is $279.11 million. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $274.82 million in discretionary accounts and $4.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $215.21 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $535.84 thousand.

Accurate Investment Solutions has custody of $37.87 million in cash and securities for 165 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Accurate Investment Solutions, Inc. 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 Accurate Investment Solutions serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and state or municipal government entities. The largest group of clients of Accurate Investment Solutions is high net worth individuals with 61 clients and $133.88 million of assets under management. Among the 13 most similar advisory firms, Accurate Investment Solutions has the 7th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $279.11 million for 618 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.

Accurate Investment Solutions doesn't advise any private funds.

Careers at Accurate Investment Solutions, Inc.

The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Timothy John Augustine	Officer and chief compliance officer	1 Jan 2007	Other	2373135
Stephen William Gierl	Officer	1 Jan 2007	Other	1086533
Gary Earl Augustine	Officer	1 Jan 2007	Other	1979841
Llc. Accurate Solutions Group	Member	1 Mar 2017	75% - 100%	830416968
Llc. Gierl Augustine & Associates	Member	1 Mar 2017	75% - 100%	830416968
Curt David Knotick	Officer	1 Apr 2017	Other	1961768

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen William Gierl	Officer	1 Jan 2005	25% - 50%	1086533
Gary Earl Augustine	Officer	1 Jan 2005	25% - 50%	1979841

Based in Seven Fields

The principal office where Accurate Investment Solutions, Inc. performs its advisory services is located at 310 Seven Fields Blvd., Seven Fields, PA 16046, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 724-353-1800 or by fax 724-353-1832. The normal business hours are 8:00am-4:30 pm on Monday - Friday. You can find more information about the New York firm at gierlaugustine.com and its LinkedIn profile.