Level Financial Advisors, Inc. is a large advisory firm based in Amherst. It manages $404.14 million of regulatory assets for 1,657 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Colorado, Florida, and 12 other states.
Level Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, publication of newsletters, and educational seminars and workshops. It prepares financial plans for approximately 600 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Level Financial Advisors, Inc. is $404.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Level Financial Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, subscription fees, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Rosanne Marie Braxton is high net worth individuals with 153 clients and $283.73 million of assets under management. Among the 10 most similar advisory firms, Level Financial Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $404.14 million for 646 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.
Level Financial Advisors doesn't advise any private funds.
The company employs 14 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 2 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.
Rosanne Marie Braxton has been acting as President since 1 Jul 2008. Steven Mark Elwell has served as the Chief Investment Officer since 1 Jan 2019. Michael Clark Heburn joined the executive team most recently as the Chief Operating Officer/Chief Compliance Officer.
The principal office where Level Financial Advisors, Inc. performs its advisory services is located at 1412 Sweet Home Road, Amherst, NY 14228, which is also the mailing address of the firm. An additional office of the firm is in Wellsville, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 716-634-6113 or by fax 716-810-9445. The normal business hours are 8:30a.m.- 5p.m. on Monday - Friday. You can find more information about the New York firm at levelfa.com.