Security Federal Trust, Inc. (West Columbia)

Name: Security Federal Trust, Inc.
Address: 1185 Sunset Blvd, West Columbia, SC, 29169
Telephone: 803-739-6113

Security Federal Trust, Inc. is a large advisory firm based in West Columbia. It manages $46.49 million of regulatory assets for 126 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of South Carolina.

Security Federal Trust provides portfolio management for individuals and small businesses, pension consulting services, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Security Federal Trust: assets under management

The assets under management (AUM) of Security Federal Trust, Inc. is $46.49 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $41.77 million in discretionary accounts and $4.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $394.07 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $236.01 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Security Federal Trust, Inc. 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.

Careers at Security Federal Trust, Inc.

Timothy William Simmons has been acting as President since 1 May 2004. Audrey Varn joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Chris Verenes	President	1 Jan 2004	Other	1196790
John Chris Verenes	President	1 Jan 2004	Other	1196790
Timothy William Simmons	Chairman/chief executive officer	1 May 2004	Other	1817746
Audrey Varn	Chief compliance officer	1 Dec 2004	Other	5189560
Audrey Gail Varn	Chief compliance officer	1 Dec 2004	Other	5189560

Based in West Columbia

The principal office where Security Federal Trust, Inc. performs its advisory services is located at 1185 Sunset Blvd, West Columbia, SC 29169 The mailing address of the firm is 1185 Sunset Blvd, West Columbia, SC 29169. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 803-739-6113 or by fax 803-739-6114. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at www.securityfederalbank.com.