Strategic Financial Concepts, LLC is a large advisory firm based in San Antonio. It manages $343.14 million of regulatory assets for 2,525 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, California, Florida, and 7 other states.
Strategic Financial Concepts 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, educational seminars and workshops, and general consulting and business planning services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Strategic Financial Concepts, LLC is $343.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1262% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Strategic Financial Concepts, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, and high net worth individuals. The largest group of clients of Strategic Financial Concepts is individuals with 2,371 clients and $169.29 million of assets under management. Among the 8 most similar advisory firms, Strategic Financial Concepts has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $327.58 million for 2,517 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.
Strategic Financial Concepts doesn't advise any private funds.
The company employs 46 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 40 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.
Leslie Kristen Wagner joined the executive team most recently as the Owner And Chief Operating Officer.
The principal office where Strategic Financial Concepts, LLC performs its advisory services is located at 6800 Park Ten Blvd., San Antonio, TX 78213, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 210-737-7800 or by fax 210-737-7801. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at sfcria.com.