Financial Services Network, Inc (Sarasota)

Financial Services Network, Inc is an adviser based in Sarasota. It manages $50.12 million of regulatory assets for 77 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Florida.

Financial Services Network provides portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Services Network: assets under management

The assets under management (AUM) of Financial Services Network, Inc is $50.12 million. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $15.41 million in discretionary accounts and $34.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $440.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $826.46 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Services Network, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Financial Services Network, Inc

Randall Thomas Arnaud has been acting as President since 1 Jan 1995. Roger Talmage Frazee joined the executive team most recently as the Chief Compliance Officer & Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Randall Thomas Arnaud	President	1 Jan 1995	75% - 100%	1133066
Roger Talmage Frazee	Chief compliance officer & principal	1 Jan 1995	Other	1005287

Based in Sarasota

The principal office where Financial Services Network, Inc performs its advisory services is located at 3400 South Tamiami Trail, Sarasota, FL 34239, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.