Wambolt & Associates, LLC is a large advisory firm based in Littleton. It manages $199.27 million of regulatory assets for 912 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Colorado, Kentucky, and 3 other states.
Wambolt & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wambolt & Associates, LLC is $199.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 202% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Wambolt & Associates, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Wambolt & Associates is high net worth individuals with 55 clients and $117.38 million of assets under management. Among the 9 most similar advisory firms, Wambolt & Associates has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $199.27 million for 325 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Wambolt & Associates doesn't advise any private funds.
The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Wambolt & Associates, LLC performs its advisory services is located at 13976 W. Bowles Avenue, Littleton, CO 80127, which is also the mailing address of the firm. An additional office of the firm is in Evergreen, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 720-962-6700 or by fax 720-962-6777. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at wamboltandassoc.com.