Ables, Iannone, Moore & Associates, Inc. (Savannah)

Name: Ables, Iannone, Moore & Associates, Inc.
Address: 419 Montgomery Street, Savannah, GA, 31401
Telephone: 912-777-4128

Ables, Iannone, Moore & Associates, Inc. is a large advisory firm based in Savannah. It manages $113.62 million of regulatory assets for 553 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Florida, Georgia, and 6 other states.

Ables, Iannone, Moore & Associates provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ables, Iannone, Moore & Associates: assets under management

The assets under management (AUM) of Ables, Iannone, Moore & Associates, Inc. is $113.62 million. The firm's AUM has grown by 309% since the beginning of its operation, and $961.93 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $103.22 million in discretionary accounts and $10.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $191.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $799.9 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 69% of the total AUM. The second-largest asset type is other assets, which make up 14% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ables, Iannone, Moore & Associates, Inc. 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 John Quinton Ables serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of John Quinton Ables is high net worth individuals with 57 clients and $82.85 million of assets under management. Among the 7 most similar advisory firms, Ables, Iannone, Moore & Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $113.22 million for 278 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.

Ables, Iannone, Moore & Associates doesn't advise any private funds.

Careers at Ables, Iannone, Moore & Associates, Inc.

The company employs 4 people that are either part- or full-time employees. 75 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.

John Quinton Ables has been acting as President since 1 Jan 2003. Terri Bea Moore joined the executive team most recently as the Sr. V.P./Chief Compliance Officer & Coo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Terri Bea Moore	V.p. of operations	1 Jan 2003	25% - 50%	3159730
Jeffrey Anthony Iannone	Senior v.p./ cfo	1 Jan 2003	25% - 50%	4408978
John Quinton Ables	President/ ceo	1 Jan 2003	25% - 50%	1287996
Terri Bea Moore	Sr. v.p./chief compliance officer & coo	1 May 2006	Other	3159730
Jeffrey Anthony Iannone	President / ceo	1 May 2006	75% - 100%	4408978
John Quinton Ables	Chairman	1 May 2006	25% - 50%	1287996

Based in Savannah

The principal office where Ables, Iannone, Moore & Associates, Inc. performs its advisory services is located at 419 Montgomery Street, Savannah, GA 31401, 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 912-777-4128 or by fax 912-777-5943. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at aimainc.com.