Francis Financial Group, LLC is a large advisory firm based in New Orleans. It manages $429.93 million of regulatory assets for 144 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Louisiana.
Francis Financial Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Francis Financial Group, LLC is $429.93 million. The firm's AUM has gone down by -18% 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 Francis Financial Group, LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, insurance companies, charitable organizations, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Rita Maria Reed is state or municipal government entities with 15 clients and $384.5 million of assets under management. Among the 8 most similar advisory firms, Francis Financial Group has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $429.93 million for 143 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.
Francis Financial Group doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 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.
Rita Maria Reed has been acting as President since 1 Jan 2013. Stephen Michael Daste joined the executive team most recently as the Principal.
The principal office where Francis Financial Group, LLC performs its advisory services is located at 400 Poydras Street, New Orleans, LA 70130, 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 504-299-2990 or by fax 504-299-2991. The normal business hours are 8:00am - 5:00pm cst on Monday - Friday. You can find more information about the New York firm at ffc-capital.com.