Association Financial Services Inc. is a large advisory firm based in Salt Lake City. It manages $401.79 million of regulatory assets for 1,297 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Idaho and Utah.
Association 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 more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Association Financial Services Inc. is $401.79 million. The firm's AUM has grown by 1262% 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 Association Financial Services Inc. for their services and products based on a percentage of assets under management and hourly charges. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Association Financial Services is high net worth individuals with 1,216 clients and $399.64 million of assets under management. Among the 11 most similar advisory firms, Association Financial Services has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $401.79 million for 1,236 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.
Association Financial Services doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Association Financial Services Inc. performs its advisory services is located at 1935 Vine Street, Suite 120, Salt Lake City, UT 84121, which is also the mailing address of the firm. An additional office of the firm is in Boise, ID. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 801-274-1820 or by fax 801-274-1821. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at truenorthwealth.com.