Purtill Financial LLC (Highland Heights)

Name: Purtill Financial LLC
Address: 22 Alpha Park, Highland Heights, OH, 44143 2208
Telephone: 440-484-5340

Purtill Financial LLC is a large advisory firm based in Highland Heights. It manages $110.52 million of regulatory assets for 538 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Ohio, and Texas.

Purtill Financial provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Purtill Financial: assets under management

The assets under management (AUM) of Purtill Financial LLC is $110.52 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 93% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Purtill Financial LLC 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.

What kind of clients Purtill Financial serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Purtill Financial is high net worth individuals with 50 clients and $74.94 million of assets under management. Among the 10 most similar advisory firms, Purtill Financial has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $110.52 million for 165 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Purtill Financial doesn't advise any private funds.

Careers at Purtill Financial LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Lee Purtill	President, cco	1 Dec 2004	75% - 100%	4897042

Based in Highland Heights

The principal office where Purtill Financial LLC performs its advisory services is located at 22 Alpha Park, Highland Heights, OH 44143 2208, which is also the mailing address of the firm. An additional office of the firm is in Fort Myers Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 440-484-5340 or by fax 440-484-5398. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at purtillfinancial.com.