ALPha & Omega Financial Management Consultants, Inc. (La Mesa)


ALPha & Omega Financial Management Consultants, Inc. is a pension cosultant based in La Mesa. It manages $507.42 million of regulatory assets for 101,379 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

ALPha & Omega Financial Management Consultants provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

ALPha & Omega Financial Management Consultants: assets under management

The assets under management (AUM) of ALPha & Omega Financial Management Consultants, Inc. is $507.42 million. The firm's AUM has grown by 625% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $495.15 million in discretionary accounts and $12.27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $81.28 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay ALPha & Omega Financial Management Consultants, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients ALPha & Omega Financial Management Consultants serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of ALPha & Omega Financial Management Consultants is individuals with 101,167 clients and $401.88 million of assets under management. Among the 8 most similar advisory firms, ALPha & Omega Financial Management Consultants has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $507.42 million for 101,378 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.

ALPha & Omega Financial Management Consultants doesn't advise any private funds.

Careers at ALPha & Omega Financial Management Consultants, Inc.

The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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
Litsa Stella Preovolos Cfo 1 Jan 1975 25% - 50% 4447703
Preovolos Family Trust 1979 Stockholder 1 Feb 1978 Other 94-6490898
Peter Emanuel Preovolos President & ceo 1 Jun 1979 25% - 50% 4447702
Thanasi K Preovolos Chief compliance officer & clo 1 Oct 2004 Other 5042711
Spiro George Preovolos Chief operating officer 1 Jan 2007 Other 2966651

Based in La Mesa

The principal office where ALPha & Omega Financial Management Consultants, Inc. performs its advisory services is located at 8580 La Mesa Blvd Ste 100, La Mesa, CA 91942 The mailing address of the firm is P.O. Box 2669, La Mesa, CA 91943. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 619-462-7812 or by fax 619-462-1766. 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 alpha-omega-inc.com.

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