Financial Network Investment Corporation (El Segundo)

Financial Network Investment Corporation is a large advisory firm based in El Segundo. It manages $10.3 billion of regulatory assets for 39,664 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Financial Network Investment Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 2,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Network Investment Corporation: assets under management

The assets under management (AUM) of Financial Network Investment Corporation is $10.3 billion. The firm's AUM has grown by 275% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.92 billion in discretionary accounts and $5.38 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $275.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $246.44 thousand.

Financial Network Investment Corporation has custody of $9.63 billion in cash and securities for 36,904 clients in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Network Investment Corporation for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Financial Network Investment Corporation

John Stephen Simmers has been acting as President since 1 Dec 2000. Bryan K Jacobsen joined the executive team most recently as the Advisory, Cco.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 20 indirect owners.

Based in El Segundo

The principal office where Financial Network Investment Corporation performs its advisory services is located at 200 N. Sepulveda Blvd., El Segundo, CA 90245 5672, which is also the mailing address of the firm. An additional office of the firm is in Washington, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-326-3100 or by fax 310-784-1164. The normal business hours are 9:00am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.financialnetwork.com.

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