Econologics Financial Advisors, LLC (Largo)

Name: Econologics Financial Advisors, LLC
Address: 2401 West Bay Drive, Largo, FL, 33770
Telephone: 727-588-1540

Econologics Financial Advisors, LLC is a multi-state adviser based in Largo. It manages $3.19 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Colorado, and 18 other states.

Econologics Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Econologics Financial Advisors: assets under management

The assets under management (AUM) of Econologics Financial Advisors, LLC is $3.19 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Econologics Financial Advisors, 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.

What kind of clients Econologics Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Econologics Financial Advisors is high net worth individuals with 16 clients and $2.54 million of assets under management. Among the 2 most similar advisory firms, Econologics Financial Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.98 million for 19 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.

Econologics Financial Advisors doesn't advise any private funds.

Careers at Econologics Financial Advisors, LLC

The company employs 10 people that are either part- or full-time employees. 30 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Christopher Music	Managing member/president & chief compliance officer	1 Mar 2003	75% - 100%	2212687
Diane Hart Music	Managing member & chief executive officer	1 Nov 2007	Other	2896276
Eric Steven Miller	Member & senior financial advisor	1 Apr 2015	Other	3067774

Based in Largo

The principal office where Econologics Financial Advisors, LLC performs its advisory services is located at 2401 West Bay Drive, Largo, FL 33770, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 727-588-1540 or by fax 727-499-9860. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at econologicsfinancialadvisors.com.