Edelman Financial Services LLC (Fairfax)


Edelman Financial Services LLC is a large advisory firm based in Fairfax. It manages $14.88 billion of regulatory assets for 69,807 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Edelman Financial Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, publication of newsletters, and educational seminars and workshops. It prepares financial plans for approximately 29,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Edelman Financial Services: assets under management

The assets under management (AUM) of Edelman Financial Services LLC is $14.88 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 59420% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $14.88 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $213.16 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Edelman Financial Services LLC for their services and products based on a percentage of assets under management, subscription fees, and fixed fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Edelman Financial Services LLC

Edward Philip Moore has been acting as President since 1 May 2005. Llc Edelman Financial Holdings Iv joined the executive team most recently as the Managing Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Fredric Mark Edelman Chairman 1 Dec 1987 25% - 50% 1537980
Edward Philip Moore President & coo 1 Jun 1990 Other 1468827
Susan Ann Harpe Vice president, operations & cco 1 Jul 1996 Other 1539382
Fredric Mark Edelman Chairman and chief executive officer 1 May 2005 Other 1537980
Edward Philip Moore President 1 May 2005 Other 1468827
Llc The Edelman Financial Center Sole managing member of edelman financial services, llc 1 May 2005 75% - 100% 81-0672613
Sanders Morris Harris Group Holding company/majority owner of efc llc 1 May 2005 50% - 75% 76-0583569
Edelman Financial Center Llc Parent company of efs llc 1 May 2005 75% - 100% 81-0672613
Susan Ann Harpe Vice president, operations & cco 1 May 2005 Other 1539382
Eraine Johnson Parker Chief compliance officer 1 May 2007 Other 2337261
Lesley V Roberts Chief operating officer 1 May 2008 Other 5323559
Domenico Conti Chief financial officer 1 Jul 2008 Other 5210112
Louis Fanelli Chief marketing officer 1 Aug 2008 Other 5598253
Lesley V Roberts Chief administrative officer 1 May 2010 Other 5323559
William Carl Coquelin Chief information officer 1 Feb 2011 Other 4899100
Bruce Robert Mcmaken Member, board of managers 1 Mar 2011 Other 2851043
Joseph Bottazzi Chief communications officer 1 Jan 2012 Other 5986473
Rene Emile Chaze Chief financial officer 1 Jan 2013 Other 6004555
Christine Adele Cataldo Chief operations officer 1 Jan 2013 Other 3042889
William Patrick Hayes General counsel 1 Jun 2013 Other 2395457
Craig M Blad Chief information officer 1 Jun 2013 Other 4022766
Marvin Orell Davis Chief marketing officer 1 Oct 2013 Other 6269090
Christine Adele Cataldo Chief information officer 1 Dec 2013 Other 3042889
Joseph Bottazzi Executive vice president-business development 1 Jan 2014 Other 5986473
Rene Emile Chaze Chief operating officer 1 Jan 2015 Other 6004555

Indirect Owners

The SEC currently registers 66 indirect owners.

Name Entity Date acquired Ownership Employer ID
Fredric Mark Edelman Shareholder of the edelman financial center, inc. 1 Jun 1996 75% - 100% 1537980
George Lester Ball Director 1 Feb 2000 Other 11332
Inc. Edelman Financial Center Minority owner 1 May 2005 25% - 50% 54-1811321
George Lester Ball Member, board of managers 1 May 2005 Other 11332
Robert Edward Garrison Member, board of managers 1 May 2005 Other 218297
Joe Edwards Member, board of managers 1 May 2005 Other 5019646
Thomas Haskell Lee Managing member of lee equity partners, llc 1 Aug 2006 75% - 100% 305494
Inc. Pinnacle Summer Investments Member/preferred units of the edelman financial center, llc 1 May 2007 75% - 100% 76-0583569
Llc Pinnacle Summer Investments Member/preferred units of the edelman financial center, llc 1 May 2007 25% - 50% 76-0583569
Sanders Morris Harris Group Majority owner 1 May 2007 75% - 100% 76-0583569
The Edelman Financial Group Majority owner 1 May 2007 75% - 100% 76-0583569
The Edelman Financial Group Inc. Majority owner 1 May 2007 75% - 100% 76-0583569
Thomas Haskell Lee Board of managers 1 Feb 2008 Other 305494
Benjamin Alexis Hochberg Board of managers 1 Feb 2008 Other 6016028
Yoo Jin Kim Board of managers 1 Feb 2008 Other 6016029
David Joseph Morrison Board of managers 1 Feb 2008 Other 6016037
Joseph Bernard Rotberg Board of managers 1 Feb 2008 Other 5455617
Benjamin Hochberg Managing member 1 Feb 2008 Other 6016028
David Morrison Managing member 1 Feb 2008 Other 6016037
Stephen Richard Cordill Member, board of managers 1 May 2008 Other 1415437
Mark Kevin Gormley Board of managers 1 Mar 2009 Other 718402
Fredric Mark Edelman Director and chief executive officer 1 May 2011 Other 1537980
Llc Summer Holdings I Shareholder of summer holdings ii, inc. 1 Mar 2012 75% - 100% 36-4729849
Lee Summer Lp Managing member of summer holdings i, llc 1 Mar 2012 75% - 100% 80-0802947
L.P. Edelman Financial Member of edelman financial holdings i, llc 1 Mar 2012 75% - 100% 80-0802947
Llc Summer Hodings I Shareholder 1 Mar 2012 75% - 100% 36-4729849
Llc Lep Summer Holdings Limited partner of lee summer, lp 1 Apr 2012 50% - 75% 37-1689318
Llc Lee Summer Gp General partner of lee summer, lp 1 Apr 2012 Other 35-2442370
Llc Lee Equity Partners Manager of lep summer holdings, llc 1 Apr 2012 Other 157422
Llc Lep Summer Holdings I Limited partner 1 Apr 2012 50% - 75% 37-1689318
Lp Lee Equity Partners Fund Summer Aiv Member of lep summer holdings, llc 1 Apr 2012 75% - 100% 80-0802317
Llc Lee Equity Partners Gp General partner of lee equity partners fund summer aiv, lp 1 Apr 2012 Other 26-1532912
Teachers Retirement System Of Texas Limited partner of lee equity partners fund summer aiv, lp 1 Apr 2012 25% - 50% 74-6000164
Inc. Summer Holdings Ii Shareholder of pinnacle summer investments, inc. 1 Sep 2012 75% - 100% 30-0729817
Fredric Mark Edelman Board of managers 1 Sep 2012 Other 1537980
George Lester Ball Board of managers 1 Sep 2012 Other 11332
Thomas Haskell Lee Board of managers 1 Sep 2012 Other 305494
Mark Kevin Gormley Board of managers 1 Sep 2012 Other 718402
Benjamin Alexis Hochberg Board of managers 1 Sep 2012 Other 6016028
Daniel J Rodriguez Board of managers 1 Sep 2012 Other 4981411
Edward Philip Moore Board of managers 1 Sep 2012 Other 1468827
Inc. The Edelman Financial Center Member of lee summer gp, llc 1 Sep 2012 25% - 50% 81-0672613
Llc Lee Equity Partners Member of lee summer gp, llc 1 Sep 2012 50% - 75% 157422
Llc Summer Holdings I Managing member/common units of the edelman financial center, llc 1 Sep 2012 Other 36-4729849
Benjamin Hochberg Director 1 Sep 2012 Other 6016028
Fredric Mark Edelman Board of managers 1 May 2013 Other 1537980
George Lester Ball Board of managers 1 May 2013 Other 11332
Thomas Haskell Lee Board of managers 1 May 2013 Other 305494
Mark Kevin Gormley Board of managers 1 May 2013 Other 718402
Benjamin Alexis Hochberg Board of managers 1 May 2013 Other 6016028
Daniel J Rodriguez Board of managers 1 May 2013 Other 4981411
Edward Philip Moore Board of managers 1 May 2013 Other 1468827
Charles Michael Roame Board of managers 1 Jan 2014 Other 2125256
Barry Baker Board of managers 1 Apr 2015 Other 6540599
Diana Fine Cantor Board of managers 1 Jun 2015 Other 6322591
Rene Emile Chaze Board of managers 1 Sep 2015 Other 6004555
L.P. Hellman & Friedman Investors Vii General partner 1 Oct 2015 Other 98-0611123
Inc. H&F Efs Holdings Limited partner 1 Oct 2015 75% - 100% 47-5322942
L.P. H&F Efs Aiv Iii Shareholder 1 Oct 2015 75% - 100% 47-5309415
Ltd. H&F Corporate Investors Vii General partner 1 Oct 2015 Other 98-0611118
Llc Edelman Financial Holdings Iv Managing member 1 Dec 2015 75% - 100% 35-2546758
Llc Edelman Financial Holdings Iii Managing member 1 Dec 2015 75% - 100% 47-5324976
Llc Edelman Financial Holdings I Managing member 1 Dec 2015 75% - 100% 36-4729849
Llc H&F Flight Gp General partner 1 Dec 2015 Other 47-5302425
L.P. H&F Efs Aiv I Limited partner 1 Dec 2015 25% - 50% 47-5301888
L.P. H&F Efs Aiv Ii Limited partner 1 Dec 2015 25% - 50% 47-5332609

Based in Fairfax

The principal office where Edelman Financial Services LLC performs its advisory services is located at 4000 Legato Road, Fairfax, VA 22033 2892, which is also the mailing address of the firm. An additional office of the firm is in Alexandria, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-818-0800 or by fax 703-818-1910. The normal business hours are 9:00 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ricedelman.com.

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