Confidential Management Advisors, Inc. (Troy)

Name: Confidential Management Advisors, Inc.
Address: 1700 West Big Beaver, Troy, MI, 48084
Telephone: 248-540-7511

Confidential Management Advisors, Inc. is a large advisory firm based in Troy. It manages $210.75 million of regulatory assets for 630 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Michigan and Texas.

Confidential Management Advisors provides financial planning services, portfolio management for individuals and small businesses, 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.

Confidential Management Advisors: assets under management

The assets under management (AUM) of Confidential Management Advisors, Inc. is $210.75 million. The firm's AUM has grown by 379% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $110.71 million in discretionary accounts and $100.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $615.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $222.32 thousand.

Investments

The firm invests in non-exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Confidential Management Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Francis Noonan serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of John Francis Noonan is high net worth individuals with 39 clients and $183 million of assets under management. Among the 11 most similar advisory firms, Confidential Management Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $210.75 million for 62 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.

Confidential Management Advisors doesn't advise any private funds.

Careers at Confidential Management Advisors, Inc.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

John Francis Noonan has been acting as President since 1 Aug 1981. Craig Maxwell Adams joined the executive team most recently as the Vice President/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Francis Noonan	President	1 Aug 1981	50% - 75%	348941
Craig Maxwell Adams	Vice president/chief compliance officer	1 May 1991	50% - 75%	969

Based in Troy

The principal office where Confidential Management Advisors, Inc. performs its advisory services is located at 1700 West Big Beaver, Troy, MI 48084, 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 248-540-7511 or by fax 248-540-9261. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at confidentialmgt.com/cmai.asp.