Usa Financial Exchange Corporation (Ada)

Usa Financial Exchange Corporation provides selection of other advisers and create a platform for rias to access money managers and custodial relationships.. It prepares financial plans for approximately 1,900 clients. On top of advisory services, the firm doesn't engage in other business activities.

Usa Financial Exchange Corporation: assets under management

The assets under management (AUM) of Usa Financial Exchange Corporation is $516.65 million. The firm's AUM has grown by 134% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $278.96 million in discretionary accounts and $237.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $124.09 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $107.7 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 investment and business development companies, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

What kind of clients Brent David Enders serves?

The firm provides services to individuals and corporations or other businesses. The largest group of clients of Brent David Enders is individuals with 4,436 clients and $514.25 million of assets under management. Among the 10 most similar advisory firms, Usa Financial Exchange Corporation has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $516.65 million for 4,455 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.

Usa Financial Exchange Corporation doesn't advise any private funds.

Careers at Usa Financial Exchange Corporation

The company employs 27 people that are either part- or full-time employees. No employees work as investment advisers or researchers. 20 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Brent David Enders has been acting as President since 1 Jan 2016. Matthew H Eilers joined the executive team most recently as the Chief Business Development Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 4 indirect owners.

Based in Ada

The principal office where Usa Financial Exchange Corporation performs its advisory services is located at 6020 East Fulton Street, Ada, MI 49301, 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 888-444-0125 or by fax 888-444-7105. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at usafinancial.com.

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