Fortius Financial Advisors, LLC (Salt Lake City)

Name: Fortius Financial Advisors, LLC
Address: 4001 South 700 East, Salt Lake City, UT, 84107
Telephone: 888-365-7009

Fortius Financial Advisors, LLC is an adviser based in Salt Lake City. It manages $55.05 million of regulatory assets for 345 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida and Utah.

Fortius Financial Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fortius Financial Advisors: assets under management

The assets under management (AUM) of Fortius Financial Advisors, LLC is $55.05 million. The firm's AUM has grown by 98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $53.76 million in discretionary accounts and $1.3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $199.1 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.28 thousand.

Fortius Financial Advisors has custody of $7.1 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fortius Financial Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Fortius Financial Advisors, LLC

Jeff Michael Bollinger has served as the Chief Investment Officer since 1 Sep 2007. Jeanne Marie Deitz joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeff Michael Bollinger	Managing partner	1 Aug 2003	75% - 100%	2445055
Roberto G Buchanan	Senior partner	1 Mar 2004	25% - 50%	4244111
Richard Darren Simons	Senior partner	1 Mar 2004	25% - 50%	2649426
Inc. Bull & Bear Capital	Owner	1 Mar 2004	25% - 50%	20-5920831
Ronald Todd Sperry	Senior partner	1 Apr 2004	25% - 50%	2780335
Gary E Oliver	Senior partner	1 Jul 2004	Other	1684175
Inc. G. E. Oliver Investments	Owner	1 Jul 2004	25% - 50%	20-5920923
Jeff Michael Bollinger	Member/chief investment officer	1 Sep 2007	Other	2445055
Inc. Bollinger Investments	Owner	1 Sep 2007	75% - 100%	20-5920886
Jeanne Marie Deitz	Partner/office manager	1 Sep 2007	Other	2658701
Michael Mark Dvorkin	Manager	1 May 2010	Other	2642217
Jeanne Marie Deitz	Chief compliance officer	1 Mar 2013	Other	2658701

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeff Michael Bollinger	President/owner	1 Oct 2007	75% - 100%	2445055
Gary E Oliver	President/owner	1 Oct 2007	75% - 100%	1684175
Roberto G Buchanan	President/owner	1 Oct 2007	75% - 100%	4244111

Based in Salt Lake City

The principal office where Fortius Financial Advisors, LLC performs its advisory services is located at 4001 South 700 East, Salt Lake City, UT 84107, which is also the mailing address of the firm. An additional office of the firm is in Coral Gable, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-365-7009 or by fax 801-505-4184. The normal business hours are 8:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at fortiusadvisors.com.