Arc Financial Services LLC (Pittsburgh)


Arc Financial Services LLC is a large advisory firm based in Pittsburgh. It manages $86.59 million of regulatory assets for 166 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Pennsylvania.

Arc Financial Services provides financial planning services and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Arc Financial Services: assets under management

The assets under management (AUM) of Arc Financial Services LLC is $86.59 million. The firm's AUM has grown by 119% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $78.58 million in discretionary accounts and $8.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $586.39 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $250.53 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arc Financial Services LLC 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 Arc Financial Services LLC

Larry Letterio has been acting as President since 1 Mar 1998. Mary Denise Quinn joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Larry Letterio President 1 Mar 1998 25% - 50% 1738325
John Irvin Associated person 1 Mar 1998 25% - 50% 1197617
Alexander Paul Vice president 1 Mar 1998 Other 4403254
Emanuel Victor Dinatale Associated person 1 Mar 1998 Other 4403260
Mary Denise Quinn Chief compliance officer 1 Jan 2005 Other 1897994

Based in Pittsburgh

The principal office where Arc Financial Services LLC performs its advisory services is located at 503 Martindale Street, Pittsburgh, PA 15212, 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 412-321-3200 or by fax 412-321-0300. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday.