Financial Professionals Incorporated (North Little Rock)

Financial Professionals Incorporated is an adviser based in North Little Rock. It manages $35 million of regulatory assets for 268 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arkansas and Texas.

Financial Professionals Incorporated provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Professionals Incorporated: assets under management

The assets under management (AUM) of Financial Professionals Incorporated is $35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $130.61 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Financial Professionals Incorporated 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.

Careers at Financial Professionals Incorporated

Einer Alfred Ostedgaard has been acting as President since 1 Apr 2002. Gregory Mcneill Ostedgaard joined the executive team most recently as the Cheif Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Financial Professionals Incorporated	President	1 Apr 1972	75% - 100%	116869
Einer Alfred Ostedgaard	Chairman	1 Apr 2002	75% - 100%	1077263
Gregory Mcneill Ostedgaard	President	1 Apr 2002	Other	1078476
Gregory Mcneill Ostedgaard	Cheif compliance officer	1 May 2012	75% - 100%	1077263

Based in North Little Rock

The principal office where Financial Professionals Incorporated performs its advisory services is located at One Heritage Park Circle, North Little Rock, AR 72116, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.