Money Concepts Capital Corp is a large advisory firm based in Palm Beach Gardens. It manages $2.19 billion of regulatory assets for 16,992 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Money Concepts Capital Corp provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 16,500 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Money Concepts Capital Corp is $2.19 billion. The firm's AUM has grown by 180% since the beginning of its operation, and $3.03 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Money Concepts Capital Corp 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, and corporations or other businesses. The largest group of clients of John Patrick Walsh is individuals with 16,902 clients and $2.17 billion of assets under management. Among the 12 most similar advisory firms, Money Concepts Capital Corp has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $2.19 billion for 16,992 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Money Concepts Capital Corp doesn't advise any private funds.
The company employs 545 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 434 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
John Patrick Walsh has been acting as President since 1 Jun 1982. William Allen Porter joined the executive team most recently as the Vice President | Marketing And Business Development.
The principal office where Money Concepts Capital Corp performs its advisory services is located at 11440 North Jog Road, Palm Beach Gardens, FL 33418 3764, which is also the mailing address of the firm. An additional office of the firm is in Indianapolis, IN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 561-472-2000 or by fax 561-472-2055. The normal business hours are 8:30 to 5:30 on Monday - Friday. You can find more information about the New York firm at moneyconcepts.com/.