Corless & Associates Investment Advisory Services (Corrales)


Corless & Associates Investment Advisory Services is a large advisory firm based in Corrales. It manages $31.36 million of regulatory assets for 138 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of New Mexico and Texas.

Corless & Associates Investment Advisory Services 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.

Corless & Associates Investment Advisory Services: assets under management

The assets under management (AUM) of Corless & Associates Investment Advisory Services is $31.36 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $18.16 million in discretionary accounts and $13.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $172.99 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $399.76 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Corless & Associates Investment Advisory Services for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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.

Based in Corrales

The principal office where Corless & Associates Investment Advisory Services performs its advisory services is located at 158 Tierra Encantada, Corrales, NM 87048 6806, which is also the mailing address of the firm. An additional office of the firm is in Santa Fe, NM. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 505-890-1099 or by fax 505-890-2924. The normal business hours are 8:00 am to 5:30 pm on Monday - Friday.