Louis F. Batmale Dba Alders Financial Solutions (Novato)

Louis F. Batmale Dba Alders Financial Solutions is a large advisory firm based in Novato. It manages $400 million of regulatory assets for 475 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of California.

Louis F. Batmale Dba Alders Financial Solutions provides financial planning services, portfolio management for businesses and institutional clients, pension consulting services, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Louis F. Batmale Dba Alders Financial Solutions: assets under management

The assets under management (AUM) of Louis F. Batmale Dba Alders Financial Solutions is $400 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $350 million in discretionary accounts and $50 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $777.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Louis F. Batmale Dba Alders Financial Solutions 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 Louis F. Batmale Dba Alders Financial Solutions serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Louis F. Batmale Dba Alders Financial Solutions is individuals with 400 clients and $300 million of assets under management. Among the 4 most similar advisory firms, Louis F. Batmale Dba Alders Financial Solutions has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $400 million for 475 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.

Louis F. Batmale Dba Alders Financial Solutions doesn't advise any private funds.

Careers at Louis F. Batmale Dba Alders Financial Solutions

The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. No 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.

Based in Novato

The principal office where Louis F. Batmale Dba Alders Financial Solutions performs its advisory services is located at 1701 Novato Blvd, Novato, CA 94947, 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 415-892-7766 or by fax 415-898-6072. The normal business hours are 8:00 a.m. - 5:oo p.m. on Monday - Friday.