Madison Avenue Securities, LLC is a large advisory firm based in San Diego. It manages $894.09 million of regulatory assets for 6,339 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Madison Avenue Securities 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.
The assets under management (AUM) of Madison Avenue Securities, LLC is $894.09 million. The firm's AUM has grown by 185% 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 Madison Avenue Securities, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Leslie Leroy Durland is individuals with 6,339 clients and $894.09 million of assets under management. Among the 7 most similar advisory firms, Madison Avenue Securities has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $894.09 million for 6,339 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.
Madison Avenue Securities doesn't advise any private funds.
The company employs 100 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 82 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.
Leslie Leroy Durland has been acting as President since 1 Jan 2013. Gail Marie Jensen joined the executive team most recently as the Chief Compliance Officer.
The principal office where Madison Avenue Securities, LLC performs its advisory services is located at 15050 Avenue Of Science, San Diego, CA 92128, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 888-627-7323 or by fax 858-207-1789. The normal business hours are 6:00 am-4:00pm on Monday - Friday. You can find more information about the New York firm at mas-bd.com.