Firestone Capital Management Inc is a large advisory firm based in Coral Gables. It manages $448.23 million of regulatory assets for 1,056 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 10 other states.
Firestone Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Firestone Capital Management Inc is $448.23 million. The firm's AUM has grown by 564% 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 Firestone Capital Management Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Jack Marvin Firestone is high net worth individuals with 154 clients and $394.93 million of assets under management. Among the 8 most similar advisory firms, Firestone Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $442.33 million for 301 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.
Firestone Capital Management doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 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.
Jack Marvin Firestone has been acting as President since 1 Sep 1997. Jerad O'brien Waggy joined the executive team most recently as the Senior Financial Planner.
The principal office where Firestone Capital Management Inc performs its advisory services is located at 1501 Venera Avenue, Coral Gables, FL 33146 3047, 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 (305) 669-2119 or by fax (305) 669-1976. 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 firestonecapital.com.