Wj Interests, LLC is a large advisory firm based in Sugar Land. It manages $299 million of regulatory assets for 748 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Texas.
Wj Interests provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wj Interests, LLC is $299 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 865% since the beginning of its operation, and $237 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wj Interests, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Wj Interests is high net worth individuals with 132 clients and $220.5 million of assets under management. Among the 8 most similar advisory firms, Wj Interests has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $291.5 million for 228 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Wj Interests doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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 compensates 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 Wj Interests, LLC performs its advisory services is located at 2333 Town Center Drive, Sugar Land, TX 77478 4175, 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 281-634-9400 or by fax 281-634-9406. The normal business hours are 8:30am to 5pm on Monday - Friday. You can find more information about the New York firm at wjinterests.com.