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How does the advisor help clients – Key Takeaways:
Simmons Asset Management, LLC is a financial advisory firm that provides expert guidance to clients seeking to manage their wealth and investments. With a team of experienced financial professionals, the firm has a proven track record of helping clients achieve their financial goals.
Facts and Insights
As of 2021, Simmons Asset Management, LLC has AUM (Assets Under Management) of $500 million. The firm has 15 financial advisors who work with over 500 clients. With over 25 years of experience in the financial industry, the firm has developed a strong understanding of the market and provides valuable insights to its clients.
Assets Under Management, Number of Advisors and Time in Business:
| Year Founded | Number of Advisors | Assets Under Management |
|---|---|---|
| 1995 | 15 | $500 million |
Financial Services Offered
Simmons Asset Management, LLC offers a wide range of financial services to its clients, including investment management, wealth planning, retirement planning, and tax planning. The firm takes a personalized approach to each client, understanding their unique financial situation and creating a customized plan that aligns with their goals and risk tolerance.
Client Types
The firm primarily serves high net worth individuals, families, and institutions. Their clients come from a diverse range of industries, including business owners, executives, and retirees.
Fees & Compensation
Simmons Asset Management, LLC charges a fee based on a percentage of AUM for its investment management services. The firm also offers hourly or flat-fee planning services for clients who do not require ongoing investment management. As a fee-only firm, the company does not receive any commissions or compensation from third parties, ensuring unbiased advice for clients.
Background
The founder of Simmons Asset Management, LLC, John Simmons, has over 30 years of experience in the financial services industry. Along with him, the firm has a team of experienced advisors who bring a diverse set of expertise to the table. The firm has a commitment to ongoing education and staying up-to-date with industry trends and best practices.
Financial Advisor Disclosures to Know
As a registered investment advisor, Simmons Asset Management, LLC is held to certain disclosure standards. The firm discloses all relevant information, including any conflicts of interest, to its clients. They also have a fiduciary duty, meaning they are obligated to act in their clients’ best interests.