Frazee Investment Consulting, Inc. (Memphis)

Name: Frazee Investment Consulting, Inc.
Address: 5350 Poplar Avenue, Memphis, TN, 38119
Telephone: 901-779-3940

Frazee Investment Consulting, Inc. is a large advisory firm based in Memphis. It manages $134.43 million of regulatory assets for 245 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Mississippi, Tennessee, and Texas.

Frazee Investment Consulting provides financial planning services, portfolio management for individuals and small businesses, and comprehensive asset reporting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Frazee Investment Consulting: assets under management

The assets under management (AUM) of Frazee Investment Consulting, Inc. is $134.43 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $134.43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $548.7 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 73% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Frazee Investment Consulting, Inc. for their services and products based on a percentage of assets under management. 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 Frazee Investment Consulting serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Frazee Investment Consulting is high net worth individuals with 40 clients and $91.12 million of assets under management. Among the 12 most similar advisory firms, Frazee Investment Consulting has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $134.43 million for 95 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.

Frazee Investment Consulting doesn't advise any private funds.

Careers at Frazee Investment Consulting, Inc.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert William Frazee	President and chief compliance officer	1 Jan 2018	75% - 100%	6175759
Mark Allen Sorgenfrei	Vice president and secretary	1 Jan 2018	Other	4748351

Based in Memphis

The principal office where Frazee Investment Consulting, Inc. performs its advisory services is located at 5350 Poplar Avenue, Memphis, TN 38119, 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 901-779-3940 or by fax 901-748-5766. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at frazeeinvestment.com.