Tobias Financial Advisors
No. advisers: 10
AUM: $330,300,000
Asset Breakdown
| Staff | |||
| Employees | 10 | ||
| Clients | |||
| High-net-worth individuals | 26-50% | ||
| Financial planning clients | 101-250 | ||
| High-net-worth client assets | More than 75% | ||
| Compensation | |||
| Percentage of assets under management | Yes | ||
| Hourly charges | Yes | ||
| Subscription fees | No | ||
| Fixed fees | Yes | ||
| Commissions | No | ||
| Performance-based fees | No | ||
| Total AUM | Total Accounts | Avg. Account AUM | |
|---|---|---|---|
| Discretionary | $313,500,000 | 1,011 | $310,089 |
| Non-discretionary | 16800000 | 1 | $16,800,000 |
| Total | $330,300,000 | 1,012 | $326,383 |
Firms advance culture that supports differences
October 17, 2019 - At its second annual Excellence in Diversity & Inclusion Awards event, InvestmentNews recognized financial advice industry firms that are advancing diversity and inclusion within their own firms and around the profession. [More: The Excellence in Diversity...
John Rogers: Industry has 'gone backwards' on diversity and inclusion
September 24, 2019 - John W. Rogers Jr., chairman of Ariel Investments and a pioneer of diversity and inclusion in the financial services profession, issued a reality check for industry participants Tuesday, saying the industry has backtracked rather than improved when it...
How do advisers estimate a client's longevity?
July 18, 2019 - Estimating how long a client will live is an inherently challenging, yet critical task for financial advisers. Lifespan is at the heart of every financial plan, and a misstep could mean the difference between clients' financial security and running well...
Succession plan success story
March 19, 2019 - The story of Benjamin Tobias' succession plan is proof that having a good plan in place can help a firm endure and evolve through even the worst of circumstances. Mr. Tobias, 67, had been grooming two advisers to take over his Plantation, Fla.-based advisory...
- Notes
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
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*Methodology:InvestmentNews qualified 2,206 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1, 2019. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2018, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.
