Gutt Financial Management, LLC (Atlanta)

Name: Gutt Financial Management, LLC
Address: 3414 Peachtree Rd Ne, Atlanta, GA, 30326
Telephone: 404-237-4188

Gutt Financial Management, LLC is a large advisory firm based in Atlanta. It manages $173.98 million of regulatory assets for 356 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, Georgia, and New Jersey.

Gutt Financial Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gutt Financial Management: assets under management

The assets under management (AUM) of Gutt Financial Management, LLC is $173.98 million. The firm's AUM has grown by 120% since the beginning of its operation, and $1.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $149.76 million in discretionary accounts and $24.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $540.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $306.65 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gutt Financial Management, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Gutt Financial Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Gutt Financial Management is high net worth individuals with 66 clients and $154.84 million of assets under management. Among the 7 most similar advisory firms, Gutt Financial Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $173.98 million for 104 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Gutt Financial Management doesn't advise any private funds.

Careers at Gutt Financial Management, LLC

The company employs 3 people that are either part- or full-time employees. No employees work as investment advisers or researchers. No 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
Michael Steven Gutt	President; chief compliance officer	1 Aug 1989	75% - 100%	1233594

Based in Atlanta

The principal office where Gutt Financial Management, LLC performs its advisory services is located at 3414 Peachtree Rd Ne, Atlanta, GA 30326, 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 404-237-4188 or by fax 404-365-8059. The normal business hours are 9:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at guttfm.com.