Olio Financial Planning, LLC is a large advisory firm based in Mclean. It manages $133.54 million of regulatory assets for 968 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Louisiana, Maryland, North Carolina, and 3 other states.
Olio Financial Planning provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, educational seminars and workshops, and cfo services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Olio Financial Planning, LLC is $133.54 million. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Olio Financial Planning, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Olio Financial Planning is high net worth individuals with 59 clients and $83.48 million of assets under management. Among the 9 most similar advisory firms, Olio Financial Planning has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $128.89 million for 273 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.
Olio Financial Planning doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 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.
The principal office where Olio Financial Planning, LLC performs its advisory services is located at 1751 Pinnacle Drive, Mclean, VA 22102 The mailing address of the firm is 301 S. Main Street, Blacksburg, VA 24060. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 703.459.9299 or by fax 703.459.9699. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at oliofp.com.