Choice Advisory Group, Inc. (Austin)


Choice Advisory Group, Inc. is a mid-sized advisory firm based in Austin. It manages $61.2 million of regulatory assets for 425 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Arkansas, California, and 11 other states.

Choice Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Choice Advisory Group: assets under management

The assets under management (AUM) of Choice Advisory Group, Inc. is $61.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 145% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $61.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $144 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Choice Advisory Group, 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.

Careers at Choice Advisory Group, Inc.

John Per O'sullivan has been acting as President since 1 Jun 2006. John Robert Hennes joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Donald Arthur Itzen Shareholder 1 Jan 1986 50% - 75% 853436
Inc Choice Asset Management Shareholder 1 Apr 1990 75% - 100% 74-2568262
Donald Arthur Itzen President-director 1 Aug 2000 Other 853436
James Griffith Kaighin Chief compliance officer 1 Oct 2000 Other 702606
Vivian Denise Jackson Secretary-director 1 Dec 2001 Other 3035924
Inc. Prbj Shareholder 1 Apr 2005 50% - 75% 74-228863
Vivian Denise Jackson Chief compliance officer 1 Aug 2005 Other 3035924
John Per O'sullivan President 1 Jun 2006 Other 4175831
John Maurits Dapper Corporate sec/treasurer 1 Jun 2006 Other 5138208
Craig Lamont Miller Chief executive officer/chief compliance officer 1 Apr 2007 Other 1184029
Hector Raul Eichelmann President 1 Apr 2007 Other 1718301
John Robert Hennes Chief compliance officer 1 Mar 2009 Other 1147105

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Paul Alan Jacobs Shareholder 1 Dec 1982 50% - 75% 4997766
Betty L Jacobs Shareholder 1 Dec 1982 25% - 50% 4997772
Richard Alan Jacobs Shareholder 1 Dec 1982 25% - 50% 4997776
Donald Arthur Itzen Shareholder 1 Aug 1984 50% - 75% 853436
Inc. Choice Asset Management Shareholder 1 Mar 2005 75% - 100% 74-2568262

Based in Austin

The principal office where Choice Advisory Group, Inc. performs its advisory services is located at 9390 Research Blvd, Austin, TX 78759, 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 512-302-6060 or by fax 512-302-6093. The normal business hours are 8:30am-5:00pm on Monday - Friday.