1 St Discount Brokerage, Inc. (Wellington)

Name: 1 St Discount Brokerage, Inc.
Address: 420 South State Road 7, Wellington, FL, 33414
Telephone: 561-515-3200

1 St Discount Brokerage, Inc. is an adviser based in Wellington. It manages $17.26 million of regulatory assets for 88 client accounts. It has been registered with the SEC as an adviser since 2007.

1 St Discount Brokerage provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

1 St Discount Brokerage: assets under management

The assets under management (AUM) of 1 St Discount Brokerage, Inc. is $17.26 million. The firm's AUM has gone down by -44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.83 million in discretionary accounts and $5.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $422.38 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $90.61 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 1 St Discount Brokerage, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 1 St Discount Brokerage, Inc.

William Harold Corley has been acting as President since 1 Jul 1995. Robert Steve Jr Kohany joined the executive team most recently as the Rosfp.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Harold Corley	President	1 Jul 1995	Other	1321008
Michael Raymond Fisher	Executive vice president	1 Aug 1997	Other	2700218
1db Financial	Corporation	1 Feb 1999	75% - 100%	65-0890599
Donald Brent Jr Phillips	Municipal securities principal	1 Oct 2002	Other	1039964
Yulia Kalk	Chief compliance officer	1 Sep 2004	Other	2612028
Maryann Naranja Cuello	Finop	1 Jan 2005	Other	xxx-xx-xxxx
William Harold Jr Corley	Srop	1 Jul 2007	Other	1321008
William Harold Jr Corley	Finop	1 Oct 2007	Other	1321008
Aileen M Gallagher	Finop	1 Feb 2008	Other	4606132
Robert Steve Jr Kohany	Rosfp	1 Jun 2008	Other	2225169

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
William Harold Jr Corley	Shareholder	1 Feb 1999	50% - 75%	1321008

Based in Wellington

The principal office where 1 St Discount Brokerage, Inc. performs its advisory services is located at 420 South State Road 7, Wellington, FL 33414, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-515-3200 or by fax 561-515-3201. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.1db.com.