Brokers International Financial Services, LLC is a large advisory firm based in Urbandale. It manages $519.76 million of regulatory assets for 4,292 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Brokers International Financial Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, 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.
The assets under management (AUM) of Brokers International Financial Services, LLC is $519.76 million. The firm's AUM has grown by 228% 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 Brokers International Financial Services, 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 and high net worth individuals. The largest group of clients of Brian Clinton Propes is individuals with 4,275 clients and $483.44 million of assets under management. Among the 11 most similar advisory firms, Brokers International Financial Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $516.25 million for 4,292 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.
Brokers International Financial Services doesn't advise any private funds.
The company employs 214 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 123 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.
Brian Clinton Propes has been acting as President since 1 Nov 2013. Andrew Allen Osby has served as the Chief Investment Officer since 1 Dec 2017. Belma Mujdzic joined the executive team most recently as the Chief Compliance Officer.
The principal office where Brokers International Financial Services, LLC performs its advisory services is located at 4135 Nw Urbandale Dr, Urbandale, IA 50322, which is also the mailing address of the firm. An additional office of the firm is in American Fork, UT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 877-886-1939 or by fax 800-541-7986. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at brokersifs.com.