Cue Financial Group, Inc. (Phoenix)

Name: Cue Financial Group, Inc.
Address: 3200 N. Central Ave, Phoenix, AZ, 85012
Telephone: 602-252-0911

Cue Financial Group, Inc. is a large advisory firm based in Phoenix. It manages $478.06 million of regulatory assets for 1,809 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 18 other states.

Cue Financial Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cue Financial Group: assets under management

The assets under management (AUM) of Cue Financial Group, Inc. is $478.06 million. The firm's AUM has grown by 562% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $377.02 million in discretionary accounts and $101.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $322.51 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $157.87 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cue Financial Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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.

What kind of clients James Edward Sollenberger serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of James Edward Sollenberger is individuals with 1,244 clients and $270.68 million of assets under management. Among the 11 most similar advisory firms, Cue Financial Group has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $478.06 million for 1,362 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.

Cue Financial Group doesn't advise any private funds.

Careers at Cue Financial Group, Inc.

The company employs 39 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 39 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 receive compensation from other entities for client referrals.

James Edward Sollenberger has been acting as President since 1 Jan 2003. Gregory Howard Culver joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Judith Ann Kuplic	Executive vice president/secretary	1 Sep 1987	25% - 50%	1185076
Vaughn Sheldon Olthouse	Senior vice president - chief compliance officer	1 Jul 2002	Other	501382
James Edward Sollenberger	Chairman	1 Jan 2003	25% - 50%	430290
Michael Ryan Melby	Ceo/president/ chief compliance officer	1 Jan 2003	25% - 50%	1097937
Gregory Howard Culver	Chief compliance officer	1 Jan 2018	Other	1250645

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Edward Sollenberger	Owner	1 Sep 1991	25% - 50%	430290
Michael Ryan Melby	Owner	1 Sep 1991	25% - 50%	1097937
Judith Ann Kuplic	Owner	1 Sep 1991	25% - 50%	1185076

Based in Phoenix

The principal office where Cue Financial Group, Inc. performs its advisory services is located at 3200 N. Central Ave, Phoenix, AZ 85012, which is also the mailing address of the firm. An additional office of the firm is in Clancy, MT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 602-252-0911 or by fax 602-952-9040. The normal business hours are 8:00am - 4:30pm on Monday - Friday. You can find more information about the New York firm at cuefinancial.com.