Swisher Financial Concepts, Inc. (Westerville)

Name: Swisher Financial Concepts, Inc.
Address: 612 Office Parkway, Westerville, OH, 43082
Telephone: 614-890-1930

Swisher Financial Concepts, Inc. is a large advisory firm based in Westerville. It manages $110.53 million of regulatory assets for 667 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida, Ohio, Pennsylvania, and Texas.

Swisher Financial Concepts provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Swisher Financial Concepts: assets under management

The assets under management (AUM) of Swisher Financial Concepts, Inc. is $110.53 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.88 million in discretionary accounts and $106.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $176.25 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $165.36 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 57% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Swisher Financial Concepts, Inc. for their services and products based on a percentage of assets under management, hourly charges, and commissions. 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 Swisher Financial Concepts serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Swisher Financial Concepts is individuals with 297 clients and $66.83 million of assets under management. Among the 10 most similar advisory firms, Swisher Financial Concepts has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $109.75 million for 326 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.

Swisher Financial Concepts doesn't advise any private funds.

Careers at Swisher Financial Concepts, Inc.

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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
Daniel Edward Wolford	President and chief compliance officer	1 Jan 2004	75% - 100%	2886642
Michael A Henn	Director of investments	1 Jan 2019	Other	4582922

Based in Westerville

The principal office where Swisher Financial Concepts, Inc. performs its advisory services is located at 612 Office Parkway, Westerville, OH 43082, 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 614-890-1930 or by fax 614-890-1981. The normal business hours are 8:30 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at swisherfinancial.com.