Cpa Asset Management Group, LLC is a large advisory firm based in West Palm Beach. It manages $443 million of regulatory assets for 505 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Texas.
Cpa Asset Management Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cpa Asset Management Group, LLC is $443 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 286% 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 Cpa Asset Management Group, LLC 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Mark Bradley Elhilow is high net worth individuals with 70 clients and $405.84 million of assets under management. Among the 10 most similar advisory firms, Cpa Asset Management Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $440.64 million for 160 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.
Cpa Asset Management Group doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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.
Mark Bradley Elhilow has been acting as President since 1 Apr 2002. Ronald Gregory Smith joined the executive team most recently as the Vice President/Managing Member.
The principal office where Cpa Asset Management Group, LLC performs its advisory services is located at 101 N. Clematis Street, West Palm Beach, FL 33401 The mailing address of the firm is P.O. Box 3505, West Palm Beach, FL 33402 3505. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 561-659-3301 or by fax 561-659-3609. The normal business hours are 830am - 5pm on Monday - Friday.