Wealth Planning And Design LLC (Sarasota)

Name: Wealth Planning And Design LLC
Address: 6230 University Parkway, Sarasota, FL, 34240
Telephone: 941-361-1484

Wealth Planning And Design LLC is a large advisory firm based in Sarasota. It manages $105.46 million of regulatory assets for 162 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, New Hampshire, North Carolina, and Texas.

Wealth Planning And Design provides financial planning services, portfolio management for individuals and small businesses, 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.

Wealth Planning And Design: assets under management

The assets under management (AUM) of Wealth Planning And Design LLC is $105.46 million. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.44 million in discretionary accounts and $4.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $654.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $573.91 thousand.

Wealth Planning And Design has custody of $1.3 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Planning And Design 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.

What kind of clients Wealth Planning And Design serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Wealth Planning And Design is high net worth individuals with 26 clients and $73.89 million of assets under management. Among the 8 most similar advisory firms, Wealth Planning And Design has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $105.46 million for 162 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.

Wealth Planning And Design doesn't advise any private funds.

Careers at Wealth Planning And Design LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joni Rametta	Managing member	1 Apr 2015	50% - 75%	1394160
Mark Ray Clark	Managing member	1 Apr 2015	50% - 75%	2564546
Joni Rametta	Cco	1 Oct 2015	50% - 75%	1394160
Mark Ray Clark	Chief compliance officer	1 Jun 2019	50% - 75%	2564546

Based in Sarasota

The principal office where Wealth Planning And Design LLC performs its advisory services is located at 6230 University Parkway, Sarasota, FL 34240, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 941-361-1484 or by fax 941-361-1494. The normal business hours are 9 a.m. to 4 p.m. on Monday - Friday. You can find more information about the New York firm at wealthipd.com/.