Asset Management And Planning, LLC (West Columbia)


Asset Management And Planning, LLC is a large advisory firm based in West Columbia. It manages $172.63 million of regulatory assets for 633 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, North Carolina, and South Carolina.

Asset Management And Planning provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Asset Management And Planning: assets under management

The assets under management (AUM) of Asset Management And Planning, LLC is $172.63 million. The firm's AUM has grown by 539% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $172.16 million in discretionary accounts and $472.92 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $272.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $472.92 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is government bonds, which make up 21% of the firm’s portfolio. Investments in sovereign bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Asset Management And Planning, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Asset Management And Planning serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Asset Management And Planning is high net worth individuals with 31 clients and $92.33 million of assets under management. Among the 7 most similar advisory firms, Asset Management And Planning has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $172.3 million for 299 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.

Asset Management And Planning doesn't advise any private funds.

Careers at Asset Management And Planning, LLC

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’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Lawrence James Miller Ceo 1 Aug 2000 75% - 100% 802453
Robert Morgan Baldwin Svp 1 Aug 2000 Other 4443464
Laurie Woodson White Executive vice president 1 Jun 2002 Other 1902710
Laurie Woodson White Chief compliance officer 1 Mar 2004 Other 1902710
Andrew Creswell Todd Vice president 1 Sep 2010 Other 5848811
Lawrence James Miller Vice president 1 May 2016 Other 802453
Andrew Creswell Todd President / cco 1 May 2016 25% - 50% 5848811
Michael Lee Krumholz Partner 1 May 2016 50% - 75% 1977128

Based in West Columbia

The principal office where Asset Management And Planning, LLC performs its advisory services is located at 824 Meeting Street, West Columbia, SC 29169, which is also the mailing address of the firm. An additional office of the firm is in Denver, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 803-739-6311 or by fax 803-739-6318. The normal business hours are 8:00 - 4:00 on Monday - Friday. You can find more information about the New York firm at assetmgtplanning.com.