Atlasmark Financial, Inc. (Austin)

Name: Atlasmark Financial, Inc.
Address: 12466 Los Indios Trail, Austin, TX, 78729
Telephone: 512-258-4040

Atlasmark Financial, Inc. is a large advisory firm based in Austin. It manages $411.91 million of regulatory assets for 4,474 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Connecticut, and 16 other states.

Atlasmark Financial provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Atlasmark Financial: assets under management

The assets under management (AUM) of Atlasmark Financial, Inc. is $411.91 million. The firm's AUM has grown by 75% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $405.25 million in discretionary accounts and $6.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $90.72 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $951.13 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Atlasmark Financial, Inc. 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.

What kind of clients Atlasmark Financial serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Atlasmark Financial is pension and profit sharing plans with 125 clients and $212.54 million of assets under management. Among the 12 most similar advisory firms, Atlasmark Financial has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $407.56 million for 4,338 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.

Atlasmark Financial doesn't advise any private funds.

Careers at Atlasmark Financial, Inc.

The company employs 15 people that are either part- or full-time employees. 7 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 doesn’t compensate 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
Erik Jon Anderson	President, chief compliance officer, secretary, treasurer	1 Feb 2010	Other	4541805
Llc Gaspar Holdings	Owner	1 Mar 2011	75% - 100%	45-0915984

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Erik Jon Anderson	Sole member	1 Mar 2011	75% - 100%	4541805

Based in Austin

The principal office where Atlasmark Financial, Inc. performs its advisory services is located at 12466 Los Indios Trail, Austin, TX 78729, 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 512-258-4040 or by fax 512-258-4958. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at atlasmark.com.