Insight Wealth Strategies, LLC (San Ramon)

Insight Wealth Strategies, LLC is a large advisory firm based in San Ramon. It manages $469.4 million of regulatory assets for 1,457 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Colorado, Florida, and 9 other states.

Insight Wealth Strategies provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Insight Wealth Strategies: assets under management

The assets under management (AUM) of Insight Wealth Strategies, LLC is $469.4 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $469.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $322.17 thousand each.

Insight Wealth Strategies has custody of $1.9 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Insight Wealth Strategies, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Insight Wealth Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Insight Wealth Strategies is high net worth individuals with 162 clients and $345.67 million of assets under management. Among the 7 most similar advisory firms, Insight Wealth Strategies has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $469.4 million for 573 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.

Insight Wealth Strategies doesn't advise any private funds.

Careers at Insight Wealth Strategies, LLC

The company employs 20 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 9 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Neil Chazin	Managing member & chief compliance officer	1 Mar 2018	75% - 100%	4506422
Anthony Rod Ortale	Chief compliance officer	1 Oct 2018	Other	3225516

Based in San Ramon

The principal office where Insight Wealth Strategies, LLC performs its advisory services is located at 5000 Executive Parkway, San Ramon, CA 94583, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 925-659-8020. The normal business hours are 8am-5pm on Monday - Friday.