Treasure Coast Financial Planning, Inc. (Vero Beach)


Treasure Coast Financial Planning, Inc. is a large advisory firm based in Vero Beach. It manages $135.87 million of regulatory assets for 542 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, California, Colorado, and 13 other states.

Treasure Coast Financial Planning provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Treasure Coast Financial Planning: assets under management

The assets under management (AUM) of Treasure Coast Financial Planning, Inc. is $135.87 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $135.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $250.69 thousand each.
Treasure Coast Financial Planning has custody of $16.88 million in cash and securities for 36 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 31% of the firm’s portfolio. Investments in other assets form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Treasure Coast Financial Planning, 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 Treasure Coast Financial Planning serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Treasure Coast Financial Planning is high net worth individuals with 59 clients and $89.32 million of assets under management. Among the 11 most similar advisory firms, Treasure Coast Financial Planning has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $131.64 million for 215 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.

Treasure Coast Financial Planning doesn't advise any private funds.

Careers at Treasure Coast Financial Planning, 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Guy Lawrence Bassini Principal owner and chief executive officer 1 Jan 1996 75% - 100% 1874159
Theodore Joseph Zamerski Chief compliance officer and chief financial officer 1 Jan 2013 Other 2165099

Based in Vero Beach

The principal office where Treasure Coast Financial Planning, Inc. performs its advisory services is located at 545 Beachland Blvd, Vero Beach, FL 32963, 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 772-231-1422 or by fax 772-231-1402. The normal business hours are 9:00am - 5pm on Monday - Friday. You can find more information about the New York firm at theplanningco.com.