Cowa, LLC is a large advisory firm based in Tulsa. It manages $150.3 million of regulatory assets for 472 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Kansas, Oklahoma, and Texas.
Cowa provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and advisory consulting and wealth management program. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cowa, LLC is $150.3 million. The firm's AUM has grown by 11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cowa, 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Cowa is high net worth individuals with 40 clients and $118 million of assets under management. Among the 10 most similar advisory firms, Cowa has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $150.3 million for 117 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.
Cowa doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Cowa, LLC performs its advisory services is located at 8801 South Yale Avenue, Tulsa, OK 74137 The mailing address of the firm is P.O. Box 35946, Tulsa, OK 74153. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 918-984-9110 or by fax 918-779-4022. The normal business hours are 8:30 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at counciloakwealth.com/.