Seamount Financial Group Inc is a large advisory firm based in Colorado Springs. It manages $388 million of regulatory assets for 450 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 6 other states.
Seamount Financial Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. 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 Seamount Financial Group Inc is $388 million. The firm's AUM has grown by 288% 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 Seamount Financial Group Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. 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 Leon Joseph Colafrancesco is high net worth individuals with 130 clients and $217 million of assets under management. Among the 7 most similar advisory firms, Seamount Financial Group has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $375 million for 430 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.
Seamount Financial Group doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 4 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 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.
Leon Joseph Colafrancesco has been acting as President since 1 Dec 1998. Jaye Dawn Mueller joined the executive team most recently as the Corporate Secretary.
The principal office where Seamount Financial Group Inc performs its advisory services is located at 90 So Cascade Avenue, Colorado Springs, CO 80903 The mailing address of the firm is 750 East Chapman Avenue, Orange, CA 92866. An additional office of the firm is in Scottsdale, AZ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 719-471-1171 or by fax 719-471-1972. The normal business hours are by appointment only on Other. You can find more information about the New York firm at seamountfinancial.com.