Marks Mcbroom Walston & Company, Inc. (Los Angeles)

Marks Mcbroom Walston & Company, Inc. is a large advisory firm based in Los Angeles. It manages $105.47 million of regulatory assets for 107 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Idaho, and Nevada.

Marks Mcbroom Walston & Company provides portfolio management for individuals and small businesses and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Marks Mcbroom Walston & Company: assets under management

The assets under management (AUM) of Marks Mcbroom Walston & Company, Inc. is $105.47 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $105.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $985.72 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Marks Mcbroom Walston & Company, Inc. for their services and products based on a percentage of assets under management. 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.

Careers at Marks Mcbroom Walston & Company, Inc.

Martin Willey Mcbroom has been acting as President since 1 Sep 1995. Christopher Evan Marks joined the executive team most recently as the Secretary/Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martin Willey Mcbroom	President	1 Sep 1995	50% - 75%	822479
Christopher Evan Marks	Secretary/treasurer	1 Sep 1995	50% - 75%	1700441

Based in Los Angeles

The principal office where Marks Mcbroom Walston & Company, Inc. performs its advisory services is located at 601 S. Figueroa Street, Los Angeles, CA 90017, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.