Affiliated Financial Advisors Inc (Milwaukee)

Name: Affiliated Financial Advisors Inc
Address: 2600 North Mayfair Rd., Milwaukee, WI, 53226
Telephone: 414-476-4999

Affiliated Financial Advisors Inc is a large advisory firm based in Milwaukee. It manages $193.5 million of regulatory assets for 1,621 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and Wisconsin.

Affiliated Financial 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.

Affiliated Financial Advisors: assets under management

The assets under management (AUM) of Affiliated Financial Advisors Inc is $193.5 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in non-exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is government bonds, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Affiliated Financial Advisors Inc 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 Affiliated Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Affiliated Financial Advisors is high net worth individuals with 68 clients and $101.99 million of assets under management. Among the 12 most similar advisory firms, Affiliated Financial Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $193.5 million for 608 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.

Affiliated Financial Advisors doesn't advise any private funds.

Careers at Affiliated Financial Advisors Inc

The company employs 3 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Matthew Schmidley	Director, president, ceo and chief compliance officer	1 Dec 1992	75% - 100%	1333934

Based in Milwaukee

The principal office where Affiliated Financial Advisors Inc performs its advisory services is located at 2600 North Mayfair Rd., Milwaukee, WI 53226, 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 414-476-4999 or by fax 414-476-4889. The normal business hours are 8:30a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at affiliatedfa.com.