Afc Asset Management Services, Inc. (Gaithersburg)


Afc Asset Management Services, Inc. is an adviser based in Gaithersburg. It manages $31.37 million of regulatory assets for 193 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Virginia.

Afc Asset Management Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, market timing services, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Afc Asset Management Services: assets under management

The assets under management (AUM) of Afc Asset Management Services, Inc. is $31.37 million. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.66 million in discretionary accounts and $4.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $141.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.18 million.
Afc Asset Management Services has custody of $30 million in cash and securities for 80 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Afc Asset Management Services, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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.

Based in Gaithersburg

The principal office where Afc Asset Management Services, Inc. performs its advisory services is located at 18310 Montgomery Village Avenue, Gaithersburg, MD 20879 3551, 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 301-588-5000 or by fax 301-208-3744. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at www.afcassetmanagement.com.