Communityamerica Financial Solutions, LLC is a large advisory firm based in Lenexa. It manages $217.3 million of regulatory assets for 1,820 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.
Communityamerica Financial Solutions provides financial planning services, selection of other advisers, educational seminars and workshops, and fees from third-party managers to whom we refer business. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Communityamerica Financial Solutions, LLC is $217.3 million. The firm's AUM has grown by 0% 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 Communityamerica Financial Solutions, 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 and high net worth individuals. The largest group of clients of Michael Patrick Haggerty is individuals with 1,280 clients and $183.9 million of assets under management. Among the 11 most similar advisory firms, Communityamerica Financial Solutions has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $217.3 million for 1,302 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.
Communityamerica Financial Solutions doesn't advise any private funds.
The company employs 37 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 24 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Michael Patrick Haggerty has been acting as President since 1 Jun 2013. Timothy Rice Saracini joined the executive team most recently as the Elected Manager.
The principal office where Communityamerica Financial Solutions, LLC performs its advisory services is located at 9777 Ridge Drive, Suite 360, Lenexa, KS 66219, which is also the mailing address of the firm. An additional office of the firm is in Kansas City, MO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 913-905-3600 or by fax 913-905-3601. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at communityamerica.com/financial-planning.