Fac Wealth Management, LLC is a large advisory firm based in Naples. It manages $199.52 million of regulatory assets for 1,104 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Florida.
Fac Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and market timing services. 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 Fac Wealth Management, LLC is $199.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 35% 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 Fac Wealth Management, 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.
Steven Troy Merkel joined the executive team most recently as the Managing Director.
The principal office where Fac Wealth Management, LLC performs its advisory services is located at 9015 Strada Stell Court, Naples, FL 34109, which is also the mailing address of the firm. An additional office of the firm is in South Miami, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (239) 596-0118 or by fax (239) 596-0180. The normal business hours are 9 am to 5 pm on Monday - Friday.