BROKERS FINANCIAL
BROKERS INTERNATIONAL FINANCIAL SERVICES, LLC Legal Name
Adviser information for BROKERS FINANCIAL last updated from Form ADV on February 23rd, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 260 |
|---|---|
| Investment Advisory/Research | 173 |
| Registered Broker-Dealer Representatives | 197 |
| Registered State Investment Advisers | 173 |
| Licensed Agents of an Insurance Company | 180 |
| No. of Firms/People that Solicit Clients | 2 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 7,376 | $954.0M |
| Non-Discretionary | 4,190 | $1.0B |
| Total | 11,566 | $2.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 10,815 | $1.7B |
| HNW Individuals | 598 | $231.5M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 15 | $4.8M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 50 | $4.1M |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 88 | $47.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 10 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Publication of periodicals or newslettersEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesPERCENTAGE OF ASSETS MANAGED BY THIRD-PARTY ADVISOR FIRMS |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 326.2M |
| Portfolio Manager | 0 |
| Both for Same | 714.5M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| BROKERS FINANCIAL ASPIRE PROGRAM | BROKERS FINANCIAL |
| RETIREMENT ALLY PROGRAM | BROKERS FINANCIAL |
| WEALTH SOLUTIONS PROGRAM | BROKERS FINANCIAL |
Identifiers
| SEC RIA File Number | 801-69742 |
|---|---|
| SEC ERA File Number | 801-69742 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 139627 |
| Legal Entity Identifier | None |
Principal Office
4135 NW URBANDALE DRURBANDALE
IA
United States
Monday - Friday, 8:00AM - 5:00PM
Tel: 877-886-1939, Fax: 800-541-7986
Chief Compliance Officer
BELMA MUJDZIC
CHIEF COMPLIANCE OFFICER
4135 NW URBANDALE DR.
URBANDALE
IA
United States
Tel:
877-886-1939
Fax:
800-541-7986
B*******@*******************M
(Full email address available in API data)
Regulatory Contact
BRIAN AUKES
PRESIDENT
4135 NW URBANDALE DR
URBANDALE
IA
United States
Tel:
877-886-1939
Fax:
800-541-7986
B*****@*******************M
(Full email address available in API data)
Industry Affiliates
| ANNEXUS SECURITIES, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| FIRST PALLADIUM, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| GLADSTONE WEALTH PARTNERS | Other investment adviser, including financial planners |
| INTEGRITY ADVISORY SOLUTIONS | Other investment adviser, including financial planners |
| LION STREET ADVISORS, LLC | Other investment adviser, including financial planners |
| LION STREET FINANCIAL, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| WEALTH MANAGEMENT | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| AUKES, BRIAN EDWARD | Individual | – | PRESIDENT | 06/2016 | < 5% |
| MUJDZIC, BELMA | Individual | – | CHIEF COMPLIANCE OFFICER / CHIEF OPERATING OFFICER | 10/2017 | < 5% |
| BAKER, ANDREA K | Individual | – | CHIEF FINANCIAL OFFICER/FINOP | 08/2016 | < 5% |
| OSBY, ANDREW ALLEN | Individual | – | CHIEF INVESTMENT OFFICER | 12/2017 | < 5% |
| AMERICAN INDEPENDENT MARKETING, LLC | Domestic Entity | – | DIRECT OWNER | 06/2021 | > 75% |
| GOLDENCARE HOLDINGS, INC. | Domestic Entity | AMERICAN INDEPENDENT MARKETING, LLC | INDIRECT OWNER | 06/2021 | > 75% |
| INTEGRITY MARKETING PARTNERS, LLC | Domestic Entity | GOLDENCARE HOLDINGS INC | INDIRECT OWNER | 06/2021 | > 75% |
| INTEGRITY MARKETING ACQUISITION, LLC | Domestic Entity | INTEGRITY MARKETING PARTNERS, LLC | INDIRECT OWNER | 06/2021 | > 75% |
| INTEGRITY MARKETING INTERMEDIATE, LLC | Domestic Entity | INTEGRITY MARKETING ACQUISITION, LLC | INDIRECT OWNER | 06/2021 | > 75% |
| INTEGRITY MARKETING PARENT, LLC | Domestic Entity | INTEGRITY MARKETING INTERMEDIATE, LLC | INDIRECT OWNER | 06/2021 | > 75% |
| INTEGRITY MARKETING GROUP, LLC | Domestic Entity | INTEGRITY MARKETING PARENT, LLC | INDIRECT OWNER | 06/2021 | > 75% |