The Money Advisor Group, LLC (Columbus)

Name: The Money Advisor Group, LLC
Address: 2101 Brookstone Centre Parkway, Columbus, GA, 31904
Telephone: 706-256-0115

The Money Advisor Group, LLC is a large advisory firm based in Columbus. It manages $151.74 million of regulatory assets for 506 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Arizona, Florida, and 3 other states.

The Money Advisor Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Money Advisor Group: assets under management

The assets under management (AUM) of The Money Advisor Group, LLC is $151.74 million. The firm's AUM has grown by 35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $125.68 million in discretionary accounts and $26.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $287.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $377.66 thousand.

The Money Advisor Group has custody of $129.39 million in cash and securities for 137 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 42% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Money Advisor Group, LLC 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.

What kind of clients The Money Advisor Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of The Money Advisor Group is high net worth individuals with 31 clients and $85.55 million of assets under management. Among the 11 most similar advisory firms, The Money Advisor Group has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $151.74 million for 182 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.

The Money Advisor Group doesn't advise any private funds.

Careers at The Money Advisor Group, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Timothy Money	Managing member, president, chief investment officer	1 May 2015	75% - 100%	2048333
James Robert Money	Chief compliance officer, operations manager	1 May 2015	Other	1950954

Based in Columbus

The principal office where The Money Advisor Group, LLC performs its advisory services is located at 2101 Brookstone Centre Parkway, Columbus, GA 31904, 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 706-256-0115 or by fax 706-256-0084. The normal business hours are 8:00 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at tmag2.com.