Wealthvalues, LLC (Menlo Park)


Wealthvalues, LLC is a large advisory firm based in Menlo Park. It manages $312.68 million of regulatory assets for 179 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California and Texas.

Wealthvalues provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealthvalues: assets under management

The assets under management (AUM) of Wealthvalues, LLC is $312.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $312.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.75 million each.

Investments

The firm invests in investment and business development companies the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in state and local bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealthvalues, 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 Wealthvalues serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Wealthvalues is high net worth individuals with 21 clients and $309.43 million of assets under management. Among the 10 most similar advisory firms, Wealthvalues has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $312.68 million for 26 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.

Wealthvalues doesn't advise any private funds.

Careers at Wealthvalues, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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
Karen Rae Goodfriend Managing member and chief compliance officer 1 Mar 2006 75% - 100% 4369844

Based in Menlo Park

The principal office where Wealthvalues, LLC performs its advisory services is located at 1100 Alma Street, Menlo Park, CA 94025, 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 650-941-5530 or by fax 650-941-4994. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at wlthvalues.com/.