Argent Retirement Plan Advisors, LLC (New Orleans)


Argent Retirement Plan Advisors, LLC is a pension cosultant based in New Orleans. It manages $18.76 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Louisiana, Mississippi, Oklahoma, Tennessee, and Texas.

Argent Retirement Plan Advisors provides portfolio management for individuals and small businesses and pension consulting 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.

Argent Retirement Plan Advisors: assets under management

The assets under management (AUM) of Argent Retirement Plan Advisors, LLC is $18.76 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Argent Retirement Plan Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Mark Milton serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Mark Milton is pension and profit sharing plans with 5 clients and $15.59 million of assets under management. Among the 3 most similar advisory firms, Argent Retirement Plan Advisors has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $18.76 million for 11 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.

Argent Retirement Plan Advisors doesn't advise any private funds.

Careers at Argent Retirement Plan Advisors, LLC

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 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.

Mark Milton has been acting as President since 1 Aug 2018. Carrie Alana Brown joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Bradley Knowles Managing director 1 Apr 2010 Other 4398143
Inc. Argent Financial Group Member 1 Dec 2015 75% - 100% 72-1173060
Carrie Alana Brown Chief compliance officer 1 Jan 2017 Other 5653005
Mark Milton President 1 Aug 2018 Other 4650763

Based in New Orleans

The principal office where Argent Retirement Plan Advisors, LLC performs its advisory services is located at 201 St. Charles Ave., New Orleans, LA 70170, which is also the mailing address of the firm. An additional office of the firm is in Nashville, TN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 381-251-5800 or by fax 381-251-4651. The normal business hours are 8:30 am - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at argentfinancial.com.