Mh & Associates Securities Management Corp (Carlsbad)

Name: Mh & Associates Securities Management Corp
Address: 2888 Loker Avenue East, Carlsbad, CA, 92010
Telephone: 626-440-9694

Mh & Associates Securities Management Corp is a large advisory firm based in Carlsbad. It manages $112.39 million of regulatory assets for 156 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Mh & Associates Securities Management Corp provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mh & Associates Securities Management Corp: assets under management

The assets under management (AUM) of Mh & Associates Securities Management Corp is $112.39 million. The firm's AUM has grown by 122% since the beginning of its operation, and $98.5 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $94.97 million in discretionary accounts and $17.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $612.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.42 million.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 14% of the firm’s portfolio. Investments in government bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mh & Associates Securities Management Corp 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 Mh & Associates Securities Management Corp serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Mh & Associates Securities Management Corp is high net worth individuals with 53 clients and $104.17 million of assets under management. Among the 11 most similar advisory firms, Mh & Associates Securities Management Corp has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $112.39 million for 79 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Mh & Associates Securities Management Corp doesn't advise any private funds.

Careers at Mh & Associates Securities Management Corp

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No 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.

Mh & Associates Securities Management Corp is owned by Daniel Joseph Meichelbock. Joseph Robert Meichelbock joined the executive team most recently as the Chairman & Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Robert Meichelbock	Chairman & chief financial officer	1 Jul 1981	50% - 75%	4393031
John Z Heilman	President, chief compliance officer, chief investment officer, & secretary	1 Jul 1981	50% - 75%	4393033
Daniel Joseph Meichelbock	Owner/shareholder	1 May 2018	50% - 75%	6998928

Based in Carlsbad

The principal office where Mh & Associates Securities Management Corp performs its advisory services is located at 2888 Loker Avenue East, Carlsbad, CA 92010, which is also the mailing address of the firm. An additional office of the firm is in Calabasas, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 626-440-9694 or by fax 626-440-9799. The normal business hours are 7:30 - 4:30 on Monday - Friday. You can find more information about the New York firm at mhandassociates.com.