Bruce A. Lefavi Annuities (Salt Lake City)

Bruce A. Lefavi Annuities is a large advisory firm based in Salt Lake City. It manages $335 million of regulatory assets for 2,000 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.

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

Bruce A. Lefavi Annuities: assets under management

The assets under management (AUM) of Bruce A. Lefavi Annuities is $335 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $330 million in discretionary accounts and $5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $173.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $50 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bruce A. Lefavi Annuities for their services and products based on a percentage of assets under management and commissions. 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.

Careers at Bruce A. Lefavi Annuities

Bruce Anthony Lefavi has been acting as President since 1 Nov 1984. Michelle Dawn France joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Anthony Lefavi	President	1 Nov 1984	75% - 100%	1064893
Geoffrey Lynn Lafavi	Vice president	1 Nov 1984	Other	1332681
Cathy Clawson Brady	Secretary/treasurer	1 Jul 1986	Other	1604799
Brett Allen Munson	Chief compliance officer	1 Apr 2003	Other	2348905
Michelle Dawn France	Chief compliance officer	1 Jun 2012	Other	2780321

Based in Salt Lake City

The principal office where Bruce A. Lefavi Annuities performs its advisory services is located at 2323 Foothill Dr., Suite 100, Salt Lake City, UT 84109, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.