Holloway Wealth Management, LLC (Gainesville)

Holloway Wealth Management, LLC is a large advisory firm based in Gainesville. It manages $213.16 million of regulatory assets for 654 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Florida, Georgia, New Hampshire, and Texas.

Holloway Wealth Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Holloway Wealth Management: assets under management

The assets under management (AUM) of Holloway Wealth Management, LLC is $213.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 118% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $213.16 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $325.94 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is investment and business development companies, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Holloway Wealth Management, LLC for their services and products based on a percentage of assets under management. 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 Samuel Norris Holloway serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Samuel Norris Holloway is high net worth individuals with 169 clients and $158.94 million of assets under management. Among the 11 most similar advisory firms, Holloway Wealth Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $213.16 million for 408 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.

Holloway Wealth Management doesn't advise any private funds.

Careers at Holloway Wealth Management, LLC

The company employs 5 people that are either part- or full-time employees. 60 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.

Samuel Norris Holloway has been acting as President since 1 Oct 2005. Caroline Jennings Holloway joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Norris Holloway	President	1 Oct 2005	75% - 100%	2314432
Caroline Jennings Holloway	Chief compliance officer	1 Oct 2005	Other	2416530

Based in Gainesville

The principal office where Holloway Wealth Management, LLC performs its advisory services is located at 5225 Sw 91 St Terrace, Gainesville, FL 32608, 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 352-337-8177 or by fax 352-337-8178. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.