Westminster Financial Advisory Corp is a large advisory firm based in Dayton. It manages $371.14 million of regulatory assets for 1,107 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 42 other states.
Westminster Financial Advisory Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Westminster Financial Advisory Corp is $371.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 327% 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 Westminster Financial Advisory Corp for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Westminster Financial Advisory Corp is high net worth individuals with 84 clients and $238.76 million of assets under management. Among the 8 most similar advisory firms, Westminster Financial Advisory Corp has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $371.14 million for 569 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.
Westminster Financial Advisory Corp doesn't advise any private funds.
The company employs 35 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 30 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 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.
The principal office where Westminster Financial Advisory Corp performs its advisory services is located at 40 North Main Street, Dayton, OH 45423, which is also the mailing address of the firm. An additional office of the firm is in Elkins, WV. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 937-898-5010 or by fax 937-898-0119. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at westminsterfinanical.com.