Advisory Services & Investments, LLC (Bend)

Name: Advisory Services & Investments, LLC
Address: 15 Sw Colorado, Bend, OR, 97702 1129
Telephone: 541-617-0898

Advisory Services & Investments, LLC is a large advisory firm based in Bend. It manages $1.57 billion of regulatory assets for 202 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Oregon, Texas, and Washington.

Advisory Services & Investments provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Advisory Services & Investments: assets under management

The assets under management (AUM) of Advisory Services & Investments, LLC is $1.57 billion. The firm's AUM has grown by 328% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $336.23 million in discretionary accounts and $1.23 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.76 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.8 million.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advisory Services & Investments, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Advisory Services & Investments serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Advisory Services & Investments is pension and profit sharing plans with 16 clients and $1.2 billion of assets under management. Among the 12 most similar advisory firms, Advisory Services & Investments has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.55 billion for 200 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.

Advisory Services & Investments doesn't advise any private funds.

Careers at Advisory Services & Investments, LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Advisory Services & Investments, LLC is owned by Randy Lee Miller. Roger Alan Fisher joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Randy Lee Miller	Owner/chief compliance officer	1 Feb 1998	75% - 100%	1715852
Roger Alan Fisher	Owner	1 Feb 1998	50% - 75%	1896167

Based in Bend

The principal office where Advisory Services & Investments, LLC performs its advisory services is located at 15 Sw Colorado, Bend, OR 97702 1129, which is also the mailing address of the firm. An additional office of the firm is in Seattle, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 541-617-0898 or by fax 541-617-0498. The normal business hours are 8am - 4pm on Monday - Friday. You can find more information about the New York firm at advisory-services.com.