Mutual Advisors, LLC is a large advisory firm based in Casper. It manages $1.81 billion of regulatory assets for 6,828 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, Arkansas, California, and 28 other states.
Mutual Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and hourly consulting. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
Mutual Advisors: assets under management
The assets under management (AUM) of Mutual Advisors, LLC is $1.81 billion. The firm's AUM has grown by 1281% since the beginning of its operation, and $36.38 million of the total AUM is attributable to clients outside of the United States.
The firm manages $1.69 billion in discretionary accounts and $127.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $255.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $579.91 thousand.
Mutual Advisors has custody of $200.49 million in cash and securities for 190 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in investment and business development companies the most. They account for 52% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 19% of the firm’s portfolio. Investments in exchange traded securities form 16% of the total invested assets.
