Asset Servicing Group, LLC
- Christie ReidSigns company filings · Form 5500 (2023)
How we got $7.4M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 24 years (since 2002)
- Headcount down 55% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Asset Servicing Group provides life settlement portfolio servicing and asset management solutions, including policy servicing, insured tracking, valuation, acquisition, disposition, receivership and investor administration. It serves institutional clients, including top financial institutions, investment funds and court-appointed fiduciaries.
From the company's website. Industry: Insurance agencies.
Estimated value over time
▲ 63% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 55% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $3.5M |
| 2020 | Form 5500 | 8 | $2.6M |
| 2021 | Form 5500 | 11 | $3.5M |
| 2022 | Form 5500 | 9 | $2.9M |
| 2023 | Form 5500 | 10 | $3.2M |
| 2024 | Form 5500 | 9 | $2.9M |
| 2025 | Form 5500 | 5 | $1.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ASSET SERVICING GROUP, LLC this business | $5.8M | — |
| WESTERN CLAIMS, INC. Oklahoma City · 10 employees | $3.2M | 0.0 mi |
| Alliance Insurance And Consulting Oklahoma City | $806K | 0.0 mi |
| Flynt Insurance group Nichols Hills | $806K | 0.4 mi |
| FIVE RINGS OKC, LLC Oklahoma City · 1 employees | $381K | 0.4 mi |
| SHELTON INSURANCE & FINANCIAL SERVICES, INC Oklahoma City · 4 employees | $920K | 0.4 mi |
| Insurental Oklahoma City | $806K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.4M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $1.4M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $7.4M |
| Multiple for this size and industry | 5.4× |
| Value range | $3.9M – $10.2M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $904K – $1.6M |
| Industry (NAICS) | Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBank 7PPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Bank 7 PPP 2020 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $107K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Asset Servicing Group, LLC
Asset Servicing Group, LLC is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2002. Its estimated annual revenue is about $5.8M, with roughly $1.4M of EBITDA. It has about 5 employees. Its estimated business value is $7.4M (likely range $3.9M–$10.2M).
Common questions
- Who owns Asset Servicing Group, LLC?
- The owner of Asset Servicing Group, LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Asset Servicing Group, LLC make?
- SeeBITDA estimates Asset Servicing Group, LLC's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Asset Servicing Group, LLC worth?
- About $7.4M, roughly 5.4× its estimated EBITDA of $1.4M, typical for a insurance agencies company its size. Likely range: $3.9M–$10.2M.
- How many employees does Asset Servicing Group, LLC have?
- About 5, from its 2025 retirement-plan filing.
- When was Asset Servicing Group, LLC founded?
- Asset Servicing Group, LLC has been in business since 2002.