Midfirst Bank (Oklahoma City)
Midfirst Bank Is a Large Advisory Firm Based in Oklahoma City. It Manages $69.57 Million of Regulatory Assets for 3 Client Accounts. It Has Been Registered...
Midfirst Bank is a large advisory firm based in Oklahoma City. It manages $69.57 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, New York, and Oklahoma.
Midfirst Bank provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Midfirst Bank: assets under management
The assets under management (AUM) of Midfirst Bank is $69.57 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.
The firm manages $69.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.19 million each.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Midfirst Bank for their services and products based on a percentage of assets under management and fixed fees. 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.
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