Shilanski & Associates, Inc. is a large advisory firm based in Anchorage. It manages $152.65 million of regulatory assets for 1,287 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Shilanski & Associates provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Shilanski & Associates, Inc. is $152.65 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 143% 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 Shilanski & Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, subscription fees, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Shilanski & Associates is individuals with 369 clients and $106.01 million of assets under management. Among the 9 most similar advisory firms, Shilanski & Associates has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $152.65 million for 410 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.
Shilanski & Associates doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 5 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.
The principal office where Shilanski & Associates, Inc. performs its advisory services is located at 431 West Seventh Avenue, Anchorage, AK 99501, which is also the mailing address of the firm. An additional office of the firm is in Sarasota, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 907-278-1351 or by fax 907-278-4237. The normal business hours are m-thurs.:9-4/fri 9-noon on Other. You can find more information about the New York firm at shilanski.com.