Equity Services, Inc. (Montpelier)
Equity Services, Inc. Is a Large Advisory Firm Based in Montpelier. It Manages $1.29 Billion of Regulatory Assets for 8,758 Client Accounts. It Has Been...
Equity Services, Inc. is a large advisory firm based in Montpelier. It manages $1.29 billion of regulatory assets for 8,758 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 43 other states.
Equity Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
Equity Services: assets under management
The assets under management (AUM) of Equity Services, Inc. is $1.29 billion. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $150.96 million in discretionary accounts and $1.14 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $202.9 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $142.37 thousand.
Investments
The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.
Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.
