Exeter Financial, LLC (Scottsdale)

Name: Exeter Financial, LLC
Address: 7001 N. Scottsdale Road, Scottsdale, AZ, 85253 3644
Telephone: 480-588-0830

Exeter Financial, LLC is a large advisory firm based in Scottsdale. It manages $253.6 million of regulatory assets for 452 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Texas, and Washington.

Exeter Financial 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 publication of newsletters. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Exeter Financial: assets under management

The assets under management (AUM) of Exeter Financial, LLC is $253.6 million. The firm's AUM has grown by 843% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $251.77 million in discretionary accounts and $1.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $563.25 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $366.18 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is other assets, which make up 23% of the firm’s portfolio. Investments in investment and business development companies form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Exeter Financial, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Exeter Financial 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 Exeter Financial is high net worth individuals with 40 clients and $169.69 million of assets under management. Among the 8 most similar advisory firms, Exeter Financial has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $253.6 million for 120 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.

Exeter Financial doesn't advise any private funds.

Careers at Exeter Financial, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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
Peter Westover Helms	Co-managing member	1 Mar 2007	25% - 50%	3048228
Stephen Leon Harrison	Co-managing member/chief compliance officer	1 Mar 2007	25% - 50%	2236475
Elizabeth Sexworth	Principal	1 Mar 2007	Other	2584169
Brad & Leanne (Joint Tenants) Marshall Inman	Member(passive)	1 Jul 2007	Other	5397463

Based in Scottsdale

The principal office where Exeter Financial, LLC performs its advisory services is located at 7001 N. Scottsdale Road, Scottsdale, AZ 85253 3644, which is also the mailing address of the firm. An additional office of the firm is in Ladera Ranch, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-588-0830 or by fax 480-991-3168. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at exeterfinancial.com/.