Money Management Concepts, Inc. (Melbourne)

Name: Money Management Concepts, Inc.
Address: 6767 N. Wickham Road, Suite 400, Melbourne, FL, 32940
Telephone: 321-258-1932

Money Management Concepts, Inc. is an adviser based in Melbourne. It manages $35 million of regulatory assets for 185 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Florida.

Money Management Concepts provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Money Management Concepts: assets under management

The assets under management (AUM) of Money Management Concepts, Inc. is $35 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $189.19 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Money Management Concepts, Inc. for their services and products based on a percentage of assets under management. 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 Money Management Concepts, Inc.

Richard Owens Jones has been acting as President since 1 Jan 1993. Thomas Prudente joined the executive team most recently as the President / Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Owens Jones	President/ceo	1 Jan 1993	Other	2058354
Helen Earle Roberts Jones	Shareholder	1 Dec 1993	75% - 100%	4365993
Thomas Prudente	President / chief compliance officer	1 Jan 2010	75% - 100%	1870380

Based in Melbourne

The principal office where Money Management Concepts, Inc. performs its advisory services is located at 6767 N. Wickham Road, Suite 400, Melbourne, FL 32940 The mailing address of the firm is Po Box 411688, Melbourne, FL 32940. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 321-258-1932 or by fax 866-922-6624. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at moneymanagementconcepts.com.