Fic Salt Lake, LLC is a related adviser based in Salt Lake City. It manages $317.82 million of regulatory assets for 2,959 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Colorado, and 5 other states.
Fic Salt Lake 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 consulting on inv. and non securities matters. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Fic Salt Lake, LLC is $317.82 million. The firm's AUM has grown by 11251% 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 Fic Salt Lake, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Fic Salt Lake is individuals with 1,001 clients and $163 million of assets under management. Among the 11 most similar advisory firms, Fic Salt Lake has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $317.82 million for 1,231 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.
Fic Salt Lake doesn't advise any private funds.
The company employs 12 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 12 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.
The principal office where Fic Salt Lake, LLC performs its advisory services is located at 3115 East Lion Lane, Suite 250, Salt Lake City, UT 84121 3526, which is also the mailing address of the firm. An additional office of the firm is in Pocatello, ID. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (801) 449-3239 or by fax (801) 386-5164. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at financialinsightcenter.com.