Al Frank Asset Management Inc (Austin)

Name: Al Frank Asset Management Inc
Address: 12117 Fm 2244, Austin, TX, 78738
Telephone: 512-354-7041

Al Frank Asset Management Inc is a large advisory firm based in Austin. It manages $587.74 million of regulatory assets for 1,025 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 33 other states.

Al Frank Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Al Frank Asset Management: assets under management

The assets under management (AUM) of Al Frank Asset Management Inc is $587.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 553% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $587.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $573.41 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Al Frank Asset Management Inc for their services and products based on a percentage of assets under management and subscription 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.

Careers at Al Frank Asset Management Inc

James Joseph Dlugosch has been acting as President since 1 Nov 1999. Elizabeth Magdalena Willmore joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alfred Frank	Chief investment strategist	1 Sep 1983	Other	4346661
John Buckingham	Exec. vice president	1 Mar 1987	Other	2593935
James Joseph Dlugosch	President	1 Nov 1999	Other	1752993
Kenneth Eugene Dawkins	Director	1 Nov 1999	Other	62841
Alfred Frank	Director	1 Nov 1999	Other	4346661
Inc. Af Holdings	Holding company	1 Nov 1999	75% - 100%	41-1946117
Joseph John Lahti	Director	1 Jul 2001	Other	1391436
John Buckingham	President	1 Dec 2001	Other	2593935
Diane Marilyn Peck	Chief financial officer	1 Dec 2001	Other	4518073
Victoria Baldwin	Shareholder	1 Apr 2002	Other	4346661
Susanne M. Hoy	Shareholder	1 Sep 2002	Other	4634295
Diane Marilyn Peck	Chief compliance officer/cfo	1 Sep 2004	Other	4518073
Kevin Arthur Noble	Director	1 Jan 2005	Other	2115754
Steven Richard Samson	Chief operating officer	1 Jul 2005	Other	1177541
Jeffrey Alan Montgomery	Director	1 Nov 2007	Other	2429245
Jeffrey Alan Montgomery	Ceo	1 May 2008	Other	2429245
Paul Roger Osterberg	Coo	1 Nov 2008	Other	4773473
Gerald William Buetow	Cio	1 Nov 2009	Other	5199863
Jeffrey Alan Montgomery	Ceo/cfo	1 Mar 2010	Other	2429245
Duane Robert Mattson	Chief compliance officer	1 Mar 2010	Other	2439753
Kurt Emmanuel Morales	Senior controller	1 Jul 2010	Other	4270192
Elizabeth Magdalena Willmore	Chief compliance officer	1 May 2012	Other	2697868

Based in Austin

The principal office where Al Frank Asset Management Inc performs its advisory services is located at 12117 Fm 2244, Austin, TX 78738, which is also the mailing address of the firm. An additional office of the firm is in Aptos, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-354-7041 or by fax 512-402-1014. The normal business hours are 8 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.alfrank.com.