Arma Financial Services, Inc. (Scottsdale)

Arma Financial Services, Inc. is an adviser based in Scottsdale. It manages $68.51 million of regulatory assets for 316 client accounts. It has been registered with the SEC as an adviser since 2001.

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

Arma Financial Services: assets under management

The assets under management (AUM) of Arma Financial Services, Inc. is $68.51 million. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $65.47 million in discretionary accounts and $3.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $212.57 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $379.48 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arma Financial Services, Inc. for their services and products based on a percentage of assets under management and commissions. 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.

Careers at Arma Financial Services, Inc.

Arma Financial Services, Inc. is owned by Jon Paul Holyoak. Merrill Joseph Sauriol has been acting as President since 1 Jul 2001. Christina Denise Dubovick joined the executive team most recently as the Chief Compliance Officer/Cfo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Ivey	Chairman	1 Apr 1986	Other	xxx-xx-xxxx
Merrill Joseph Sauriol	President	1 Apr 1986	Other	411469
Joseph William Hanss	Secretary	1 Apr 1986	Other	xxx-xx-xxxx
Richard Leo Collins	Director	1 Apr 1986	Other	xxx-xx-xxxx
Arizona Medical Association	Parent corporation	1 Apr 1986	75% - 100%	86-0095708
William Johnson Jr Mangold	Director	1 Jun 1991	Other	xxx-xx-xxxx
Harvey Joel Older	Director	1 Jun 1991	Other	xxx-xx-xxxx
Philip Earl Keen	Director	1 Oct 1994	Other	xxx-xx-xxxx
Kirk Michael Tushaus	Vice president	1 Feb 1996	Other	1024722
Marc Luis Leib	Director	1 Jul 1996	Other	xxx-xx-xxxx
Neil Oris Ward	Director	1 Sep 1999	Other	xxx-xx-xxxx
Jo Merriwether Knatz	Director	1 Oct 2000	Other	xxx-xx-xxxx
Veronica Katherine Dowling	Treasurer	1 Oct 2000	Other	xxx-xx-xxxx
Merrill Joseph Sauriol	Chairman	1 Jul 2001	50% - 75%	411469
Kirk Michael Tushaus	President	1 Jul 2001	25% - 50%	1024722
Christina Denise Dubovick	Secretary/treasurer	1 Jul 2001	Other	2662827
Jon Paul Holyoak	Owner	1 Sep 2004	Other	3123115
Christina Denise Dubovick	Chief compliance officer/cfo	1 May 2006	Other	2662827
Christina Denise Kennedy	Chief compliance officer/cfo	1 May 2006	Other	2662827

Based in Scottsdale

The principal office where Arma Financial Services, Inc. performs its advisory services is located at 18899 N. Thompson Peak Pkwy., Scottsdale, AZ 85255, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.