Mraz, Amerine & Associates, Inc. (Modesto)

Name: Mraz, Amerine & Associates, Inc.
Address: 1120 13 Th Street, Modesto, CA, 95354
Telephone: (209) 593-5870

Mraz, Amerine & Associates, Inc. is a large advisory firm based in Modesto. It manages $473.07 million of regulatory assets for 1,834 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Colorado, Louisiana, and 3 other states.

Mraz, Amerine & Associates 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.

Mraz, Amerine & Associates: assets under management

The assets under management (AUM) of Mraz, Amerine & Associates, Inc. is $473.07 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $473.07 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $257.95 thousand each.

Mraz, Amerine & Associates has custody of $53.58 million in cash and securities for 97 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is investment and business development companies, which make up 18% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mraz, Amerine & Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mraz, Amerine & Associates serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mraz, Amerine & Associates is high net worth individuals with 130 clients and $336.32 million of assets under management. Among the 5 most similar advisory firms, Mraz, Amerine & Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $473.07 million for 693 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.

Mraz, Amerine & Associates doesn't advise any private funds.

Careers at Mraz, Amerine & Associates, Inc.

The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Deidre Michelle Mraz	Shareholder/chief compliance officer	1 Oct 2011	Other	5215952
David Frederick Mraz	Shareholder	1 Oct 2011	25% - 50%	809949
Gloria D Mraz	Shareholder	1 Oct 2011	25% - 50%	5987619

Based in Modesto

The principal office where Mraz, Amerine & Associates, Inc. performs its advisory services is located at 1120 13 Th Street, Modesto, CA 95354, 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 (209) 593-5870 or by fax (209) 593-5877. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at mrazamerine.com.