Augustine Asset Management Inc (Jacksonville)
Augustine Asset Management Inc Is a Large Advisory Firm Based in Jacksonville. It Manages $271.27 Million of Regulatory Assets for 247 Client Accounts. It Has...
Augustine Asset Management Inc is a large advisory firm based in Jacksonville. It manages $271.27 million of regulatory assets for 247 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, and Georgia.
Augustine Asset Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Augustine Asset Management: assets under management
The assets under management (AUM) of Augustine Asset Management Inc is $271.27 million. 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 $266.03 million in discretionary accounts and $5.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.11 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $655.59 thousand.
Investments
The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.
Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.
