Liberty Asset Management, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Liberty Asset Management, Inc. provides discretionary and non-discretionary portfolio management and financial planning to individuals, trusts, retirement plans, corporations, and charitable organizations. Services include investment supervisory services, retirement and estate planning support, tax and cash-flow review, and ongoing performance monitoring, primarily using open-end mutual funds and exchange-traded funds.
The firm’s investment approach emphasizes Modern Portfolio Theory with a long-term, buy-and-hold orientation, diversification, and periodic rebalancing, supplemented by fundamental and technical research. Liberty may hire sub‑advisors for portions of client portfolios and also manages “held away” accounts (for example, 401(k) and 403(b) plans), applying discretionary rebalancing and tax-efficient asset-location techniques where feasible.
Distinctive features include affiliations with a law firm and an insurance agency (the latter focused on life and annuity products), arrangements the brochure identifies as potential sources of conflict of interest that the firm reviews at the point of sale and monitors for suitability and fair compensation. The adviser also acts as an ERISA/IRC fiduciary for retirement-plan clients and combines a relatively small advisor team with roughly $173 million in assets under management, which shapes its use of sub‑advisors and custodial relationships.
Client services
Expertise
Fee options
$1 - $200,000: 1.35% $200,001 - $500,000: 1.20% $500,001 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.90% $2,000,001 - $5,000,000: 0.70% $5,000,001+: 0.50%
Account minimum: No account minimum has been established at the firm level
Main office
3550 Hobson Road, Suite 101
Woodridge IL 60517
Advisors at this office
2
Most active in
Illinois · Oklahoma · Texas
Also doing business as
Liberty Asset Management, Inc. · Ternary Advisory Group
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Lawyer
They provide legal services, typically billed separately.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
James M
ChFC®, Series 63, Series 65
Woodridge, IL
Liberty Asset Management, Inc.
James Mosteller is a financial advisor at Liberty Asset Management, Inc. with 21 years of industry experience. He holds the ChFC® designation along with Series 63 and Series 65 licenses. In addition to his advisory role, he is a partner at Mosteller & Holmberg, P.C., a law firm where he consults on marketing concepts and estate planning/elder law issues. Liberty Asset Management, Inc. provides portfolio management and financial planning services to individuals, trusts, retirement plans, corporations, and charitable organizations. The firm employs a long-term, diversified investment approach based on Modern Portfolio Theory, utilizing mutual funds, ETFs, and sub-advisors, while also offering retirement and estate planning support.
Richard H
Series 65
Woodridge, IL
Liberty Asset Management, Inc.
Richard Holmberg is a financial advisor at Liberty Asset Management, Inc. with 20 years of industry experience. He holds a Series 65 designation and has been with Liberty Asset Management since 2006. In addition to his advisory role, he is a partner in the law firm of Mosteller & Holmberg, P.C. Liberty Asset Management provides portfolio management and financial planning services to individuals, trusts, retirement plans, corporations, and charitable organizations, emphasizing a long-term, diversified investment approach based on Modern Portfolio Theory.
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