USA FINANCIAL SECURITIES LLC

Broker-DealerFINRA MemberEst. 2007
Total AUM
$297M
Discretionary
$205M
69% of AUM
Accounts
1,529
Employees
172
Advisory reps
179
Brokerage reps
152

Firm details

Headquarters
ADA, Michigan
CRD number
103857
Registered since
August 24, 2007
Custodians
PERSHING LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
Client types
  • Individuals71.47%
  • HNWI26.78%
  • Corporations / Businesses1.75%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

USA Financial Securities LLC is an LLC operating as an insurance broker-dealer and SEC-registered firm since 2007. The firm combines broker-dealer activities with advisory services that include financial planning, portfolio management for individuals and small businesses, and the selection of third‑party advisers. Its client base spans individual and family relationships as well as institutional clients. Compensation mixes fee models (percentage of AUM, hourly, and fixed fees) with commission-based business, reflecting its hybrid broker/adviser positioning. The firm reports that it acts as a capital allocator and is not an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 61%, Public Funds/Mutual Funds 26%, Cash & Cash Equivalents 13%61%
  • Exchange Traded Equities61%
  • Public Funds/Mutual Funds26%
  • Cash & Cash Equivalents13%

Owners & executives

3 of 15
  • DANIEL WELP

    Chief Financial Officer, Wealth PlannerCRD 5094831

  • WILLIAM BACHERT

    Chief Financial OfficerCRD 4576698

  • JAMES MCCONNELL

    Chief Operations OfficerCRD 4679140

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Contacts

3 of 164
  • Jason Levy

    CRD 8100318

  • Gregory Karp

    Registered RepresentativeCRD 2561771

  • Michael Bacchus

    Registered RepresentativeCRD 6138279

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

ADA, MI

KENT

Location

ADA, MI

Headquartered in ADA, MI, anchoring the Grand Rapids-Kentwood-Muskegon, MI metro in the Midwest.

Metro area
Grand Rapids-Kentwood-Muskegon, MI
Region
Midwest
County
KENT
Address
6020 Fulton St E
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth