Albitz Miloe & Associates (Torrance)

Albitz Miloe & Associates is a large advisory firm based in Torrance. It manages $52.9 million of regulatory assets for 216 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Nebraska.

Albitz Miloe & Associates provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and security ratings or pricing services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Albitz Miloe & Associates: assets under management

The assets under management (AUM) of Albitz Miloe & Associates is $52.9 million. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.52 million in discretionary accounts and $51.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $80.12 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $260.81 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Albitz Miloe & Associates for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Albitz Miloe & Associates

Philip Joseph Albitz has been acting as President since 1 Jan 2005. Chris Miloe joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Philip Joseph Albitz	Partner	1 Mar 1985	50% - 75%	1036689
Chris Miloe	Partner	1 Mar 1985	50% - 75%	336130
Philip Joseph Albitz	President	1 Jan 2005	50% - 75%	1036689
Chris Miloe	Chief financial officer	1 Jan 2005	50% - 75%	336130

Based in Torrance

The principal office where Albitz Miloe & Associates performs its advisory services is located at 23133 Hawthorne Blvd., Ste 305, Torrance, CA 90505, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.