Frier Planning Concepts, Inc. (Colorado Springs)

Frier Planning Concepts, Inc. is an adviser based in Colorado Springs. It manages $79.8 million of regulatory assets for 295 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama and Colorado.

Frier Planning Concepts provides financial planning services, portfolio management for individuals and small businesses, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Frier Planning Concepts: assets under management

The assets under management (AUM) of Frier Planning Concepts, Inc. is $79.8 million. The firm's AUM has gone down by -20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $77.66 million in discretionary accounts and $2.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $289.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $79.38 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Frier Planning Concepts, 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 Frier Planning Concepts serves?

The only and largest group of clients of Frier Planning Concepts is individuals with 295 clients and $79.8 million of assets under management. Among the 2 most similar advisory firms, Frier Planning Concepts has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $79.8 million for 295 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.

Frier Planning Concepts doesn't advise any private funds.

Careers at Frier Planning Concepts, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William David Frier	President & chief compliance officer	1 Feb 2002	75% - 100%	1029781

Based in Colorado Springs

The principal office where Frier Planning Concepts, Inc. performs its advisory services is located at 5025 Boardwalk Drive, Colorado Springs, CO 80919, 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 (719) 260-1184 or by fax 719-260-1882. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.