Asia Pacific Financial Management Group, Inc. (Hagatna)

Name: Asia Pacific Financial Management Group, Inc.
Address: 145 Aspinall Avenue, Hagatna, 96910 5156
Telephone: 671-472-6400

Asia Pacific Financial Management Group, Inc. is a large advisory firm based in Hagatna. It manages $174 million of regulatory assets for 3,600 client accounts. It has been registered with the SEC as an adviser since 2009.

Asia Pacific Financial Management Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 3,600 clients. On top of advisory services, the firm doesn't engage in other business activities.

Asia Pacific Financial Management Group: assets under management

The assets under management (AUM) of Asia Pacific Financial Management Group, Inc. is $174 million. The firm's AUM has grown by 480% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Asia Pacific Financial Management Group, Inc. for their services and products based on a percentage of assets under management and commissions. 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.

What kind of clients Michael Lewis Pexa serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Michael Lewis Pexa is high net worth individuals with 1,008 clients and $48.72 million of assets under management. Among the 8 most similar advisory firms, Asia Pacific Financial Management Group has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $174 million for 3,600 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.

Asia Pacific Financial Management Group doesn't advise any private funds.

Careers at Asia Pacific Financial Management Group, Inc.

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 6 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.

Michael Lewis Pexa has been acting as President since 1 Mar 1993. Jonathan Charles Ulloa joined the executive team most recently as the Financial Advisor.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Lewis Pexa	Ceo/chairman	1 Mar 1993	50% - 75%	1016323
Thaddeus Nmn Jr Jones	Vice-president	1 Jun 2004	Other	2649423
Sandra Holsti Mckeever	Ceo, chief compliance officer	1 Jul 2006	50% - 75%	4091906
Daniel Lee Webb	President/chief compliance officer	1 Jul 2006	Other	4095913
Melinda Aquino Sulit	Finop	1 May 2011	Other	4553607
Khay Sung	Registered investment advisor	1 May 2011	Other	4235371
Jonathan Charles Ulloa	Financial advisor	1 Jan 2018	Other	4223528

Based in Hagatna

The principal office where Asia Pacific Financial Management Group, Inc. performs its advisory services is located at 145 Aspinall Avenue, Hagatna, 96910 5156, 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 671-472-6400 or by fax 671-472-1044. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at fmgguam.com.