Planning Solutions Group, LLC is a large advisory firm based in Fulton. It manages $1.05 billion of regulatory assets for 2,029 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Delaware, District of Columbia, Florida, and 10 other states.
Planning Solutions Group 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, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Planning Solutions Group, LLC is $1.05 billion. The firm's AUM has grown by 482% 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 Planning Solutions Group, 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, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Planning Solutions Group is high net worth individuals with 237 clients and $470.23 million of assets under management. Among the 11 most similar advisory firms, Planning Solutions Group has the 5th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.05 billion for 1,020 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.
Planning Solutions Group doesn't advise any private funds.
The company employs 32 people that are either part- or full-time employees. 66 percent of the employees work as investment advisers or researchers. 15 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Planning Solutions Group, LLC performs its advisory services is located at 8161 Maple Lawn Blvd, Fulton, MD 20759, which is also the mailing address of the firm. An additional office of the firm is in Virginia Beach, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 301-543-6000 or by fax 301-543-6030. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at psgplanning.com and its LinkedIn profile.