Prism Financial Strategies, LLC (Englewood)

Name: Prism Financial Strategies, LLC
Address: 333 W. Hampden Ave., Englewood, CO, 80110
Telephone: 720-458-6841

Prism Financial Strategies, LLC is an adviser based in Englewood. It manages $20.64 million of regulatory assets for 126 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Colorado, Nebraska, and Texas.

Prism Financial Strategies provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Prism Financial Strategies: assets under management

The assets under management (AUM) of Prism Financial Strategies, LLC is $20.64 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.96 million in discretionary accounts and $3.68 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $137.86 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.23 million.

Investments

The firm invests in investment and business development companies the most. They account for 53% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prism Financial Strategies, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Prism Financial Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Prism Financial Strategies is individuals with 60 clients and $11.51 million of assets under management. Among the 2 most similar advisory firms, Prism Financial Strategies has the lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $16.96 million for 66 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.

Prism Financial Strategies doesn't advise any private funds.

Careers at Prism Financial Strategies, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
Eric David Maaske	Managing member	1 Jun 2017	Other	2912815
Jeffrey Gene Engelman	Managing member, cco	1 Jun 2017	75% - 100%	4338185

Based in Englewood

The principal office where Prism Financial Strategies, LLC performs its advisory services is located at 333 W. Hampden Ave., Englewood, CO 80110, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 720-458-6841. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at prismfinancialstrategies.com.