Freedom Advisory, LLC is a large advisory firm based in Guaynabo. It manages $209.14 million of regulatory assets for 542 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Puerto Rico, and Texas.
Freedom Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Freedom Advisory, LLC is $209.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 68% 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 Freedom Advisory, LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Freedom Advisory is high net worth individuals with 63 clients and $135.19 million of assets under management. Among the 7 most similar advisory firms, Freedom Advisory has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $209.14 million for 249 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.
Freedom Advisory doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 50 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 don’t receive compensation from other entities for client referrals.
The principal office where Freedom Advisory, LLC performs its advisory services is located at Centro Internacional De Mercadeo, Guaynabo, PR 00968 The mailing address of the firm is Po Box 363113, San Juan, PR 00936 3113. An additional office of the firm is in Fort Lauderdale, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 787-792-3000 or by fax 787-277-0218. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at freedom-advisory.com.