Wealthjar Investment Advisory, LLC (Honolulu)

Name: Wealthjar Investment Advisory, LLC
Address: 1099 Alakea St.,, Honolulu, HI, 96813
Telephone: (808) 585-7788

Wealthjar Investment Advisory, LLC is a related adviser based in Honolulu. It manages $921.9 thousand of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Hawaii.

Wealthjar Investment Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and administrative services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealthjar Investment Advisory: assets under management

The assets under management (AUM) of Wealthjar Investment Advisory, LLC is $921.9 thousand, all of which is managed in discretionary accounts. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $921.9 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $51.22 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is state and local bonds, which make up 13% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealthjar Investment Advisory, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Wealthjar Investment Advisory serves?

The only and largest group of clients of Wealthjar Investment Advisory is individuals with 18 clients and $921.9 thousand of assets under management. Among the 2 most similar advisory firms, Wealthjar Investment Advisory has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $921.9 thousand for 18 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.

Wealthjar Investment Advisory doesn't advise any private funds.

Careers at Wealthjar Investment Advisory, LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc The Rice Partnership	Sole member	1 Apr 2017	75% - 100%	135701
Bonnie Flower Rice	Cco	1 Apr 2017	Other	1418208

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Bonnie Flower Rice	Managing member, cco	1 Feb 2008	75% - 100%	1418208

Based in Honolulu

The principal office where Wealthjar Investment Advisory, LLC performs its advisory services is located at 1099 Alakea St.,, Honolulu, HI 96813, which is also the mailing address of the firm. An additional office of the firm is in Kahului, Maui, HI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (808) 585-7788 or by fax (808) 585-7784. The normal business hours are 6 am - 4 pm on Monday - Friday. You can find more information about the New York firm at mywealthjar.com.