Vimvest Securities, LLC (Sarasota)

Name: Vimvest Securities, LLC
Address: 3322 Bee Ridge Rd, Sarasota, FL, 34239
Telephone: (941) 925-2121

Vimvest Securities, LLC is an internet adviser based in Sarasota. It manages $57.1 million of regulatory assets for 18,888 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Florida.

Vimvest Securities provides portfolio management for individuals and small businesses 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.

Vimvest Securities: assets under management

The assets under management (AUM) of Vimvest Securities, LLC is $57.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 129992% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $57.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.02 thousand each.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Vimvest Securities, LLC for their services and products based on a percentage of assets under management. 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 Vimvest Securities serves?

The only and largest group of clients of Vimvest Securities is individuals with 18,888 clients and $57.1 million of assets under management. Among the 0 most similar advisory firms, Vimvest Securities has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $57.1 million for 18,888 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.

Vimvest Securities doesn't advise any private funds.

Careers at Vimvest Securities, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Margaret Rucker Hixon	Member	1 Jun 2016	25% - 50%	2222075
Stuart Kenneth Dickson	Managing member	1 Jun 2016	25% - 50%	6481690
Phillip Bruce Dickson	Managing member & chief compliance officer	1 Jun 2016	25% - 50%	5757493
Justin Bailey	Cto and member	1 Jun 2016	Other	6982820
Llc Vimvest Holdings	Owner	1 Nov 2017	75% - 100%	82-5121266

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Phillip Bruce Dickson	Owner	1 Nov 2017	25% - 50%	5757493
Stuart Kenneth Dickson	Owner	1 Nov 2017	25% - 50%	6481690
Margaret Rucker Hixon	Owner	1 Nov 2017	25% - 50%	2222075

Based in Sarasota

The principal office where Vimvest Securities, LLC performs its advisory services is located at 3322 Bee Ridge Rd, Sarasota, FL 34239, 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 (941) 925-2121 or by fax (941) 925-2228. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at vimvest.com.