Wtas LLC (Mclean)

Name: Wtas LLC
Address: 1861 International Drive, Mclean, VA, 22102
Telephone: 571-382-0020

Wtas LLC is a large advisory firm based in Mclean. It manages $1.69 billion of regulatory assets for 263 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Wtas 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 educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wtas: assets under management

The assets under management (AUM) of Wtas LLC is $1.69 billion. The company doesn't manage any assets belonging to foreign clients.

Wtas has custody of $130.49 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wtas LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wtas LLC

David Kapnick joined the executive team most recently as the Managing Director/Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Lawrence Vorsatz	Chief executive officer/managing director	1 Jul 2002	Other	4610346
Gilbert Randolph Macpherson	Managing director/board member	1 Jul 2002	Other	2641499
Steven Guidice	Managing director/chief financial officer	1 Nov 2003	Other	5482681
Armand E Epstein	Managing director/board member	1 Jul 2005	Other	5039186
Stephen Richard Corrick	Managing director/chief operating officer	1 May 2006	Other	5477601
Morgan Lee Chong	Chief compliance officer	1 Dec 2007	Other	5470084
Wtas Holdings Llc	Holding company	1 Dec 2007	75% - 100%	26-1437743
John Martin O'malley	Managing director/board member	1 Dec 2007	Other	5477625
Daniel Gerald Depaoli	Managing director/board member	1 Dec 2007	Other	4495423
Joseph Karczewski	Managing director/board member	1 Dec 2007	Other	5483090
Andersen Tax Holdings Llc	Holding company	1 Dec 2007	75% - 100%	26-1437743
Susan Kay Swartz	Managing director/board member	1 Jan 2011	Other	5896198
Sid Luckenbach	Managing director/board member	1 Jan 2013	Other	6178445
Gerald Douglas Des Roches	Managing director/board member	1 Jan 2013	Other	2881437
Richard Wyman	Managing director/chief operating officer	1 Jan 2014	Other	6318078
David Kapnick	Managing director/chief financial officer	1 Mar 2014	Other	6318082

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Md Investment Llc	Holding company/member	1 Dec 2007	75% - 100%	06-1829681
Md Management Llc	Managing member	1 Dec 2007	Other	06-1829680

Based in Mclean

The principal office where Wtas LLC performs its advisory services is located at 1861 International Drive, Mclean, VA 22102, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 571-382-0020 or by fax 703-442-0181. The normal business hours are 9:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at www.wtas.com.