Money Strategies Inc (Melbourne)


Money Strategies Inc is an adviser based in Melbourne. It manages $35 million of regulatory assets for 173 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Texas.

Money Strategies provides portfolio management for individuals and small businesses, publication of newsletters, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Money Strategies: assets under management

The assets under management (AUM) of Money Strategies Inc is $35 million. The firm's AUM has gone down by -68% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27 million in discretionary accounts and $8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $207.69 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $186.05 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Money Strategies Inc for their services and products based on a percentage of assets under management, hourly charges, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Money Strategies Inc

James Alexander Farrish has been acting as President since 1 Jun 1990. Sherman Eugene Reeves joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jerry Earl Mccoy Vice president 1 Jun 1990 Other 326133
James Alexander Farrish President 1 Jun 1990 75% - 100% 1402773
Sherman Eugene Reeves Vice president 1 Jan 2005 Other 2434903

Based in Melbourne

The principal office where Money Strategies Inc performs its advisory services is located at 2101 South Waverly Place, Melbourne, FL 32901, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 321-723-0101 or by fax 321-255-5992. The normal business hours are 8:30am to 5:00pm on Monday - Friday.