Advised Assets Group, LLC (Greenwood Village)


Advised Assets Group, LLC is a large advisory firm based in Greenwood Village. It manages $31.78 billion of regulatory assets for 35,247 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

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Advised Assets Group provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Advised Assets Group: assets under management

The assets under management (AUM) of Advised Assets Group, LLC is $31.78 billion. The firm's AUM has grown by 611154% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $30.59 billion in discretionary accounts and $1.19 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $150.92 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advised Assets Group, LLC for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients Advised Assets Group serves?

The firm provides services to individuals, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Advised Assets Group is pension and profit sharing plans with 11,551 clients and $21.29 billion of assets under management. Among the 7 most similar advisory firms, Advised Assets Group has the highest percentage of pension and profit sharing plans out of all clients.


The amount of regulatory assets under management is $31.78 billion for 35,247 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.

Advised Assets Group doesn't advise any private funds.

Careers at Advised Assets Group, LLC

The company employs 284 people that are either part- or full-time employees. 99 percent of the employees work as investment advisers or researchers. 274 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 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.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Charles Patrick Nelson Manager, chairman and president 1 Feb 2000 Other 1161349
Great West Life & Annuity Insurance Company Member 1 Feb 2000 75% - 100% 84-0467907
Beverly Ann Byrne Secretary 1 Feb 2000 Other 1983774
George Webb President, manager 1 Feb 2000 Other 2762310
George Daniel Webb Manager 1 Feb 2000 Other 2762310
Dennis Low Manager 1 Jan 2001 Other 313327
Mellody Louise Hobson Manager 1 Jan 2001 Other 2184315
Sharon Metraux Manager 1 Jan 2001 Other 4391701
Sandra Metraux Manager 1 Jan 2001 Other 4391701
Glen Ray Derback Treasurer 1 Oct 2001 Other 1330783
Amy Lynn Tlachac Managing director 1 Aug 2002 Other 4552196
Beverly Ann Byrne Secretary and chief compliance officer 1 Oct 2005 Other 1983774
David George Mcleod Manager 1 Feb 2007 Other 3041563
Gregory Erol Seller Manager 1 Apr 2007 Other 718206
Robert Kenneth Shaw Manager 1 Jul 2011 Other 1224633
Seguard Mark Corbett Manager 1 Jul 2011 Other 4363865
William Stevens Harmon Manager 1 Oct 2012 Other 1875127
Joel Leslie Terwilliger Associate compliance officer, secretary 1 Oct 2012 Other 4856510
Joel Leslie Terwilliger Assistant compliance officer, secretary 1 Oct 2013 Other 4856510
Beverly Ann Byrne General counsel and chief compliance officer 1 Mar 2014 Other 1983774
David George Mcleod Senior vice president and managing director 1 Mar 2014 Other 3041563
Joel Leslie Terwilliger Associate c.c.o & counsel 1 Mar 2014 Other 4856510
Jonathan David Kreider Director, investment research and analysis 1 Mar 2014 Other 6113947
David Lawrence Musto Manager 1 Feb 2015 Other 2623276
Stephen Eugene Jenks Manager 1 Feb 2015 Other 2278142
Carol Elaine Waddell Manager 1 Feb 2015 Other 4867556
Kara Susan Roe Treasurer 1 Feb 2015 Other 6459083
Ryan Lynn Logsdon Secretary 1 Feb 2015 Other 4088802
David George Mcleod Chairman, president and ceo 1 May 2015 Other 3041563
William J. Mcdermott Manager 1 May 2015 Other 2505628
Joel Leslie Terwilliger Associate c.c.o and secretary 1 May 2015 Other 4856510
Beverly Ann Byrne Senior vice president, legal & chief compliance officer 1 Jun 2015 Other 1983774
Jonathan David Kreider Manager, portfolio asset allocation 1 Jun 2015 Other 6113947
Bridget Jeannine Andria Witzeman Assistant vice president, participant experience 1 Jun 2015 Other 4436223
Brockett Rice Hudson Senior counsel and assistant secretary 1 Jun 2015 Other 6520983
Ryan Lynn Logsdon Vice president, counsel & secretary 1 Jun 2015 Other 4088802
William Michael Thornton Senior manager, client portfolio services 1 Jun 2015 Other 2540446
David George Mcleod Manager 1 May 2016 Other 3041563
Jonathan David Kreider Assistant vice president 1 May 2016 Other 6113947
David Lawrence Musto Chairman, president and ceo 1 May 2016 Other 2623276
Bridget Jeannine Andria Witzeman Vice president, participant advisory services 1 May 2016 Other 4436223
Kenneth I Schindler Chief compliance officer 1 May 2016 Other 1748344
Justin Miller Deasy Assistant vice president & counsel 1 May 2016 Other 6686047
Katherine Leann Stoner Chief compliance officer 1 Jul 2016 Other 1221867
Cara Jean Bottjen Owen Counsel and assistant secretary 1 Jul 2016 Other 6525215
Jeremy Lawrence Hersch Vice president, participant advisory services 1 May 2017 Other 4839668
Brockett Rice Hudson Assistant secretary 1 Jul 2017 Other 6520983
Joseph Michael Smolen Manager 1 Aug 2017 Other 4100909
Scott Charles Sipple President and ceo 1 Oct 2017 Other 1445010
Christine Marie Moritz Treasurer 1 Aug 2018 Other 7005526
James Michael Gearin Manager 1 Aug 2018 Other 1405150
William Craig Jeffries Vp operations 1 Apr 2019 Other 6038194
Adam Kavan Senior counsel and assistant secretary 1 Jul 2019 Other 7155499

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Paul Guy Desmarais Shareholder, director 1 May 1968 50% - 75% 1498207
Power Financial Corporation Shareholder 1 Mar 1986 50% - 75% foreign entity
171263 Canada Inc. Shareholder 1 Mar 1988 50% - 75% foreign entity
Gwl&A Financial Inc. Shareholder 1 Dec 1997 75% - 100% 84-1474245
Power Corporation Of Canada Shareholder 1 Dec 1998 75% - 100% foreign entity
Inc. Gwl&A Financial Shareholder 1 Dec 1998 75% - 100% 84-1474245
Gwl&A Financial Inc. Indirect owner 1 Feb 2000 Other 84-1474245
Great West Financial (Canada) Inc. Shareholder 1 Jan 2001 75% - 100% foreign entity
Great West Lifeco Inc. Shareholder 1 Jan 2001 75% - 100% foreign entity
Great West Financial (Nova Scotia) Co Shareholder 1 Aug 2007 75% - 100% foreign entity

Based in Greenwood Village

The principal office where Advised Assets Group, LLC performs its advisory services is located at 8515 East Orchard Rd 4 T2, Greenwood Village, CO 80111, which is also the mailing address of the firm. An additional office of the firm is in Andover, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 844-302-2448 or by fax 303-737-3827. The normal business hours are 8am - 5pm (mst) on Monday - Friday. You can find more information about the New York firm at advisedassetsgroup.com.