Fsc Securities Corporation (Atlanta)

Fsc Securities Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fsc Securities Corporation: assets under management

The assets under management (AUM) of Fsc Securities Corporation is $8.22 billion. The firm's AUM has grown by 1271% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.44 billion in discretionary accounts and $3.79 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $221.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $201.21 thousand.

Fsc Securities Corporation has custody of $56.45 million in cash and securities for 216 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fsc Securities Corporation 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.

What kind of clients James David Ballard serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of James David Ballard is individuals with 21,849 clients and $4.08 billion of assets under management. Among the 8 most similar advisory firms, Fsc Securities Corporation has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $8.22 billion for 27,566 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Fsc Securities Corporation doesn't advise any private funds.

Careers at Fsc Securities Corporation

The company employs 1,602 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. 774 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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 David Ballard has been acting as President since 1 Nov 2014. Ag Parent Corporation joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 37 indirect owners.

Based in Atlanta

The principal office where Fsc Securities Corporation performs its advisory services is located at 2300 Windy Ridge Pkwy, Atlanta, GA 30339, which is also the mailing address of the firm. An additional office of the firm is in Raleigh, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-800-547-2382 or by fax 770-690-3888. The normal business hours are 8:30-5:30 on Monday - Friday. You can find more information about the New York firm at fscorp.com.

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