Financial Service Group Inc (Mount Pleasant)

Name: Financial Service Group Inc
Address: 4812 Northwestern Avenue, Mount Pleasant, WI, 53406
Telephone: 262-554-4500

Financial Service Group Inc is a large advisory firm based in Mount Pleasant. It manages $196.27 million of regulatory assets for 842 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, Nebraska, and Wisconsin.

Financial Service Group provides financial planning services, portfolio management for individuals and small businesses, and tax planning & preparatoin. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Service Group: assets under management

The assets under management (AUM) of Financial Service Group Inc is $196.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 171% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $196.27 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $233.1 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Financial Service Group Inc for their services and products based on 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 Michael Phillip Haubrich serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Michael Phillip Haubrich is high net worth individuals with 70 clients and $118.88 million of assets under management. Among the 11 most similar advisory firms, Financial Service Group has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $196.27 million for 223 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.

Financial Service Group doesn't advise any private funds.

Careers at Financial Service Group Inc

The company employs 7 people that are either part- or full-time employees. 57 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.

Michael Phillip Haubrich has been acting as President since 1 Oct 1979. Justus Baron Morgan joined the executive team most recently as the Vice President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Phillip Haubrich	President	1 Oct 1979	75% - 100%	1092140
Terri Lynn Larson	Vice president	1 Feb 1998	Other	1943710
Justus Baron Morgan	Vice president and chief compliance officer	1 Mar 2004	Other	4697511

Based in Mount Pleasant

The principal office where Financial Service Group Inc performs its advisory services is located at 4812 Northwestern Avenue, Mount Pleasant, WI 53406, 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 262-554-4500 or by fax 262-554-1907. The normal business hours are 8:30 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at toyourwealth.com.