Trimarc Wealth Management LLC (Saratoga)


Trimarc Wealth Management LLC is a large advisory firm based in Saratoga. It manages $145.26 million of regulatory assets for 61 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, New York, and Texas.

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

Trimarc Wealth Management: assets under management

The assets under management (AUM) of Trimarc Wealth Management LLC is $145.26 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 459% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $145.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.38 million each.
Trimarc Wealth Management has custody of $5.17 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Trimarc Wealth Management LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Trimarc Wealth Management serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Trimarc Wealth Management is high net worth individuals with 10 clients and $125.2 million of assets under management. Among the 11 most similar advisory firms, Trimarc Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $145.26 million for 11 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.

Trimarc Wealth Management doesn't advise any private funds.

Careers at Trimarc Wealth Management LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Dominick Joseph Trimarchi Managing member/chief compliance officer 1 Jun 2009 75% - 100% 1500576

Based in Saratoga

The principal office where Trimarc Wealth Management LLC performs its advisory services is located at 115 Circular St, Saratoga, NY 12866, 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 518-450-7091 or by fax 518-533-7788. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at trimarcwm.com.