Squar Milner Financial Services, LLC is a large advisory firm based in Irvine. It manages $266.74 million of regulatory assets for 657 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Florida, Michigan, and 3 other states.
Squar Milner Financial Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Squar Milner Financial Services, LLC is $266.74 million. The firm's AUM has grown by 139% 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 Squar Milner Financial Services, 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, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Squar Milner Financial Services is high net worth individuals with 139 clients and $215.77 million of assets under management. Among the 11 most similar advisory firms, Squar Milner Financial Services has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $266.74 million for 298 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.
Squar Milner Financial Services doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. 11 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Squar Milner Financial Services, LLC performs its advisory services is located at 18500 Von Karman Avenue, Irvine, CA 92612 0527, which is also the mailing address of the firm. An additional office of the firm is in Encino, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 949-222-2999 or by fax 949-222-2997. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at squarmilner.com.