Highway Financial Networks, Inc. (Redding)

Name: Highway Financial Networks, Inc.
Address: 2526 Goodwater Avenue, Redding, CA, 96002
Telephone: (530) 223-1222

Highway Financial Networks, Inc. is an adviser based in Redding. It manages $10.85 million of regulatory assets for 139 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Indiana, and Virginia.

Highway Financial Networks provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Highway Financial Networks: assets under management

The assets under management (AUM) of Highway Financial Networks, Inc. is $10.85 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -81% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $78.06 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Highway Financial Networks, 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.

Careers at Highway Financial Networks, Inc.

Bryan John Erickson has been acting as President since 1 Sep 2007. John Erickson joined the executive team most recently as the Trustee The John And Carol Erickson 2001 Trust.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bryan John Erickson	Ceo/president	1 Sep 2007	50% - 75%	1695524
The John And Carol Erickson 2001 Trust	Shareholder	1 Sep 2007	Other	000001
Mary Gay Moore	Shareholder	1 Sep 2007	Other	5119811
Gary James Sipos	Executive vice president/chief operations officer/secretary/chief compliance officer	1 Sep 2007	Other	5316101
John Erickson	Trustee - the john and carol erickson 2001 trust	1 Oct 2007	Other	5078500
Carol Erickson	Trustee - the john and carol erickson 2001 trust	1 Oct 2007	Other	5078502
The Erickson Family Trust Of 1998	Shareholder	1 Oct 2007	50% - 75%	000002
Bryan John Erickson	Trustee - the erickson family trust of 1998	1 Oct 2007	50% - 75%	1695524
Amy Erickson	Trustee - the erickson family trust of 1998	1 Oct 2007	50% - 75%	5078507
Paula Jo Virshek	Director, operations & compliance	1 Oct 2007	Other	4639568

Based in Redding

The principal office where Highway Financial Networks, Inc. performs its advisory services is located at 2526 Goodwater Avenue, Redding, CA 96002, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (530) 223-1222 or by fax (530) 223-1550. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at www.highwayfinancial.com.