First Financial Advisory Services Inc is a large advisory firm based in Westerly. It manages $154.28 million of regulatory assets for 1,408 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 11 other states.
First Financial Advisory Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of First Financial Advisory Services Inc is $154.28 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay First Financial Advisory Services Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of William Boyd Mason is individuals with 595 clients and $110.41 million of assets under management. Among the 11 most similar advisory firms, First Financial Advisory Services has the 4th highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $153.04 million for 623 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.
First Financial Advisory Services doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 3 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.
William Boyd Mason has been acting as President since 1 Jan 1984. Geraldine Butera Cunningham joined the executive team most recently as the President, Treasurer.
The principal office where First Financial Advisory Services Inc performs its advisory services is located at 85 Beach Street, Westerly, RI 02891, which is also the mailing address of the firm. An additional office of the firm is in Falls Church, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 401-596-0193 or by fax 401-596-0195. The normal business hours are 8:30am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at firstfinancialadvisory.com/.