Strasbaugh Financial Advisory, Inc. (Colorado Springs)

Name: Strasbaugh Financial Advisory, Inc.
Address: 8580 Scarborough Drive, Colorado Springs, CO, 80920
Telephone: 719-265-4600

Strasbaugh Financial Advisory, Inc. is a large advisory firm based in Colorado Springs. It manages $158.55 million of regulatory assets for 681 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Colorado, Montana, and Texas.

Strasbaugh Financial Advisory provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Strasbaugh Financial Advisory: assets under management

The assets under management (AUM) of Strasbaugh Financial Advisory, Inc. is $158.55 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.55 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $232.81 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Strasbaugh Financial Advisory, Inc. 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 Susan Hodges Strasbaugh serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Susan Hodges Strasbaugh is high net worth individuals with 40 clients and $97.53 million of assets under management. Among the 10 most similar advisory firms, Strasbaugh Financial Advisory has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $158.55 million for 107 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.

Strasbaugh Financial Advisory doesn't advise any private funds.

Careers at Strasbaugh Financial Advisory, Inc.

The company employs 5 people that are either part- or full-time employees. 80 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.

Susan Hodges Strasbaugh has been acting as President since 1 Jan 2003. Richard Strasbaugh joined the executive team most recently as the Vice President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Susan Hodges Strasbaugh	President	1 Jan 2003	50% - 75%	1812123
Richard Strasbaugh	Vice president and chief compliance officer	1 Jan 2003	25% - 50%	4644447

Based in Colorado Springs

The principal office where Strasbaugh Financial Advisory, Inc. performs its advisory services is located at 8580 Scarborough Drive, Colorado Springs, CO 80920, which is also the mailing address of the firm. An additional office of the firm is in Belgrade, MT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 719-265-4600 or by fax 719-623-0150. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at strasbaughfinancial.com.