Mclean Asset Management Corporation is a large advisory firm based in Tysons. It manages $743.68 million of regulatory assets for 1,792 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Arizona, California, Colorado, and 20 other states.
Mclean Asset Management Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mclean Asset Management Corporation is $743.68 million. The firm's AUM has grown by 600% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Mclean Asset Management Corporation for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mclean Asset Management Corporation is high net worth individuals with 215 clients and $539.92 million of assets under management. Among the 12 most similar advisory firms, Mclean Asset Management Corporation has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $743.68 million for 695 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.
Mclean Asset Management Corporation doesn't advise any private funds.
The company employs 24 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Mclean Asset Management Corporation performs its advisory services is located at 1900 Gallows Road, Tysons, VA 22182, which is also the mailing address of the firm. An additional office of the firm is in Coppell, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 703-827-0636 or by fax 703-556-8628. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at mcleanam.com/ and its LinkedIn profile.