Collaborative Financial Partners LLC (Columbus)

Name: Collaborative Financial Partners LLC
Address: 2875 West Dublin Granville Rd, Columbus, OH, 43235
Telephone: (614) 799-2900

Collaborative Financial Partners LLC is a large advisory firm based in Columbus. It manages $128 million of regulatory assets for 1,735 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Georgia, Illinois, Ohio, and Texas.

Collaborative Financial Partners provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Collaborative Financial Partners: assets under management

The assets under management (AUM) of Collaborative Financial Partners LLC is $128 million. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $80 million in discretionary accounts and $48 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $84.66 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $60.76 thousand.

Collaborative Financial Partners has custody of $100 thousand in cash and securities for 1 client 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 57% of the total AUM. The second-largest asset type is exchange traded securities, which make up 37% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Collaborative Financial Partners LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Collaborative Financial Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Collaborative Financial Partners is individuals with 255 clients and $68 million of assets under management. Among the 7 most similar advisory firms, Collaborative Financial Partners has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $128 million for 302 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.

Collaborative Financial Partners doesn't advise any private funds.

Careers at Collaborative Financial Partners LLC

The company employs 6 people that are either part- or full-time employees. 50 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Kendall Johnson	Managing member and chief executive officer	1 Sep 2017	50% - 75%	4580586
Meghan Marie Mader	Member, chief operating officer and chief compliance officer	1 Sep 2017	25% - 50%	4878656

Based in Columbus

The principal office where Collaborative Financial Partners LLC performs its advisory services is located at 2875 West Dublin Granville Rd, Columbus, OH 43235, which is also the mailing address of the firm. An additional office of the firm is in Nelsonville, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (614) 799-2900 or by fax (614) 766-5691. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at collaborativefp.com and its LinkedIn profile.