Mkt Advisors LLC (Escondido)

Name: Mkt Advisors LLC
Address: 900 Canterbury Place Suite 340, Escondido, CA, 92025
Telephone: (760) 658-8780

Mkt Advisors LLC is a large advisory firm based in Escondido. It manages $276.55 million of regulatory assets for 776 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Florida, and 4 other states.

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

Mkt Advisors: assets under management

The assets under management (AUM) of Mkt Advisors LLC is $276.55 million. The firm's AUM has grown by 57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $231.32 million in discretionary accounts and $45.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $339.18 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $481.2 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mkt Advisors LLC for their services and products based on a percentage of assets under management. 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 Mkt Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Mkt Advisors is high net worth individuals with 63 clients and $152.03 million of assets under management. Among the 9 most similar advisory firms, Mkt Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $275.95 million for 338 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.

Mkt Advisors doesn't advise any private funds.

Careers at Mkt Advisors LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Timothy Hamilton Jobe	Managing member	1 Mar 2012	25% - 50%	258750
Kent Conrad Engdahl	Managing member & chief compliance officer	1 May 2012	25% - 50%	3160732
Marc Leonard Hodgkins	Managing member	1 Jun 2012	25% - 50%	2196126

Based in Escondido

The principal office where Mkt Advisors LLC performs its advisory services is located at 900 Canterbury Place Suite 340, Escondido, CA 92025, which is also the mailing address of the firm. An additional office of the firm is in Santa Barbara, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (760) 658-8780 or by fax (760) 658-8785. The normal business hours are 7:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at mktadvisorsllc.com.