Linn & Associates Inc (St. Petersburg)

Linn & Associates Inc is a large advisory firm based in St. Petersburg. It manages $56.93 million of regulatory assets for 440 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama and Florida.

Linn & Associates provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and market timing services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Linn & Associates: assets under management

The assets under management (AUM) of Linn & Associates Inc is $56.93 million. The firm's AUM has grown by 30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.93 million in discretionary accounts and $55 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $44.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $138.54 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Linn & Associates Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Linn & Associates Inc

Max Patrick Linn has been acting as President since 1 Nov 1995. Willson Ogden Edwards joined the executive team most recently as the Director/Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Max Patrick Linn	President	1 Nov 1995	75% - 100%	1155709
Lawrence K Becker	Director/vice pres.	1 Jun 2002	Other	3208666
Andrew Neal Crossfield	Director/vice pres./secretary	1 Jun 2002	Other	1160083
National Financial Partners Corp.	Shareholder	1 Jun 2002	75% - 100%	13-4029115
Renee R. Noack	Secretary	1 Nov 2003	Other	4771494
Robert Steven Zuccarro	Director	1 Nov 2003	Other	4240378
Willson Ogden Edwards	Director/chief operating officer	1 Dec 2003	Other	75978

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. ("Apollo Fund") Apollo Investment Fund Iv	Shareholder	1 Jun 2002	25% - 50%	13-3985622
L.P. ("Apollo Advisors") Apollo Advisors Iv	General partner	1 Jun 2002	Other	13-3582975
Inc. Apollo Capital Management Iv	General partner	1 Jun 2002	Other	13-3983721

Based in St. Petersburg

The principal office where Linn & Associates Inc performs its advisory services is located at 4535 Central Avenue, St. Petersburg, FL 33713, which is also the mailing address of the firm. An additional office of the firm is in Daphne, AL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 727-322-6400 or by fax 727-323-5982. The normal business hours are 8:00am to 5:00pm on Monday - Friday.