Mutual Advisors, LLC (Casper)

Name: Mutual Advisors, LLC
Address: 1551 Three Crowns Drive, Casper, WY, 82604
Telephone: 307-439-6357

Mutual Advisors, LLC is a large advisory firm based in Casper. It manages $1.81 billion of regulatory assets for 6,828 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, Arkansas, California, and 28 other states.

Mutual Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and hourly consulting. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mutual Advisors: assets under management

The assets under management (AUM) of Mutual Advisors, LLC is $1.81 billion. The firm's AUM has grown by 1281% since the beginning of its operation, and $36.38 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.69 billion in discretionary accounts and $127.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $255.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $579.91 thousand.

Mutual Advisors has custody of $200.49 million in cash and securities for 190 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 52% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 19% of the firm’s portfolio. Investments in exchange traded securities form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mutual Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Mitchell Craig Voss serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mitchell Craig Voss is individuals with 3,551 clients and $1.32 billion of assets under management. Among the 11 most similar advisory firms, Mutual Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.81 billion for 3,610 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.

Mutual Advisors doesn't advise any private funds.

Careers at Mutual Advisors, LLC

The company employs 90 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 90 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 receive compensation from other entities for client referrals.

Mitchell Craig Voss has been acting as President since 1 Apr 2013. The Voss Wyoming Trust joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
The Voss Wyoming Trust	Member	1 Apr 2013	50% - 75%	46-2555976
The Sabol Wyoming Trust	Member	1 Apr 2013	50% - 75%	46-6723804
Mitchell Craig Voss	Chairman	1 Apr 2013	50% - 75%	1029100
Ryan Stephen Sabol	Chief executive officer	1 Apr 2013	50% - 75%	4419285
Edwin Clifton Hodder	President	1 Apr 2013	Other	1768838
Zahid Sadiq	Chief compliance officer	1 Apr 2013	Other	4341878
Eddie Benjamin Rivera	Chief compliance officer	1 Mar 2015	Other	1751501
The Jasper Wyoming Trust	Member	1 Mar 2016	Other	81-6180325
The Damiani Wyoming Trust	Member	1 Mar 2016	Other	81-6179564
Dawn Marie Claussen	Chief compliance officer	1 May 2016	Other	5445747
Aaron T Jasper	Chief executive officer	1 Jan 2017	Other	5016734
Nicholas Arthur Damiani	Chief operations officer	1 Jan 2017	Other	5669491
The Voss Wyoming Trust	Member	1 Mar 2019	Other	46-6721316

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Voss Single Family Private Trust Company	Trustee	1 Apr 2013	Other	46-6721316
Llc Sabol Single Family Private Trust Company	Trustee	1 Apr 2013	Other	46-2555934
Aaron T Jasper	Owner	1 Dec 2015	75% - 100%	5016734
Ryan Stephen Sabol	Owner	1 Dec 2015	75% - 100%	4419285
Nicholas Arthur Damiani	Owner	1 Dec 2015	75% - 100%	5669491
Jasper Single Family Private Trust Company Llc	Trustee	1 Mar 2016	Other	81-1032593
Damiani Single Family Private Trust Company Llc	Trustee	1 Mar 2016	Other	81-1031270
Llc Voss Single Family Private Trust Company	Trustee	1 Mar 2019	Other	46-2555976
Mitchell Craig Voss	Owner	1 Mar 2019	75% - 100%	1029100

Based in Casper

The principal office where Mutual Advisors, LLC performs its advisory services is located at 1551 Three Crowns Drive, Casper, WY 82604, which is also the mailing address of the firm. An additional office of the firm is in Camarillo, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 307-439-6357 or by fax 307-235-0700. The normal business hours are 7:30 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at mutualsecurities.com and its LinkedIn profile.