Matrix Planning Inc is a large advisory firm based in Santa Monica. It manages $108.03 million of regulatory assets for 121 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.
Matrix Planning provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Matrix Planning Inc is $108.03 million. The firm's AUM has grown by 20% 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 Matrix Planning Inc for their services and products based on 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Roberta Jean Smith is high net worth individuals with 20 clients and $104.96 million of assets under management. Among the 3 most similar advisory firms, Matrix Planning has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $108.03 million for 21 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.
Matrix Planning also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $1,000 for each fund.
The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
Roberta Jean Smith has been acting as President since 1 Apr 1986. Shawn Anthony Smith joined the executive team most recently as the Chief Compliance Officer.
The principal office where Matrix Planning Inc performs its advisory services is located at 3015 Main Street, Santa Monica, CA 90405, 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 310-399-0457 or by fax 310-399-0625. The normal business hours are 9am to 6pm mon. - thurs., 1pm-5pm fri. on Monday - Friday.