Money Plans is a large advisory firm based in Silver Spring. It manages $46.73 million of regulatory assets for 258 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Maryland and Virginia.
Money Plans 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.
The assets under management (AUM) of Money Plans is $46.73 million, all of which is managed in discretionary accounts. 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 a single stream of revenue. Clients pay Money Plans for their services and products based on a percentage of assets under management. 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 principal office where Money Plans performs its advisory services is located at 8701 Georgia Ave, Ste 710, Silver Spring, MD 20910, 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 301-589-4250 or by fax 301-589-0276. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at www.moneyplans.com.