Ministry Benefit Investments, LLC (Coppell)

Name: Ministry Benefit Investments, LLC
Address: 870 S Denton Tap Rd Ste 250, Coppell, TX, 75019
Telephone: (888) 302-5559

Ministry Benefit Investments, LLC is a related adviser based in Coppell. It manages $10.56 million of regulatory assets for 146 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arkansas, Louisiana, North Carolina, and 3 other states.

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

Ministry Benefit Investments: assets under management

The assets under management (AUM) of Ministry Benefit Investments, LLC is $10.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $72.33 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ministry Benefit Investments, 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.

Careers at Ministry Benefit Investments, LLC

The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 11 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Allen Parnell Hargis	Member	1 Aug 2015	Other	4599491
Jerry P Whitley	Member	1 Aug 2015	50% - 75%	6572343
Michael Ray Wallin	Managing member / chief compliance officer	1 Aug 2015	Other	4264135
Llc Coppell Advisory Solutions	Member	1 Aug 2015	25% - 50%	156549
Fusion Capital Management	Member	1 Aug 2015	25% - 50%	156549

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Scott Darryl Tietz	Manager and ceo	1 Apr 2003	50% - 75%	1230020
Anthony Francis Apollaro	Managing member	1 Oct 2006	75% - 100%	2524799
Ryan Joseph Borer	Managing member/chief operating officer/chief compliance officer	1 Feb 2011	Other	4336934
Llc Apollaro Investments	Member	1 Aug 2012	25% - 50%	20-5763039
Partners Advantage Insurance Services Llc	Member	1 Aug 2012	50% - 75%	71-0941992

Based in Coppell

The principal office where Ministry Benefit Investments, LLC performs its advisory services is located at 870 S Denton Tap Rd Ste 250, Coppell, TX 75019 The mailing address of the firm is 100 Plaza Carmona Place, Hot Springs Village, AR 71909. An additional office of the firm is in Brentwood, TN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (888) 302-5559 or by fax (615) 777-3357. 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 bfsinsurance.com/.