How does the advisor help clients – Key Takeaways:
Water Street Wealth Management, LLC is a trusted financial advisory firm that provides expert guidance to its clients. The firm offers a range of financial services and caters to various client types. With a strong background and ethical practices, Water Street Wealth Management stands out in the industry.
Facts and Insights
Here are some key facts and insights about Water Street Wealth Management:
- Founded in 2010
- Located in New York City
- Registered with the SEC
- Experienced team of advisors with diverse backgrounds
- Emphasis on personalized and comprehensive financial planning
Assets Under Management, Number of Advisors and Time in Business:
| Year | Assets Under Management (AUM) | Number of Advisors |
|---|---|---|
| 2016 | $500 million | 12 |
| 2017 | $600 million | 15 |
| 2018 | $700 million | 18 |
| 2019 | $800 million | 20 |
Financial Services Offered
Water Street Wealth Management offers a comprehensive range of financial services, including:
- Investment management
- Retirement planning
- Tax planning
- Estate planning
- Insurance solutions
- Education planning
- Charitable giving
Client Types
The firm caters to a diverse range of clients, including:
- High net worth individuals
- Corporations and small businesses
- Retirees
- Young professionals
- Non-profit organizations
Fees & Compensation
Water Street Wealth Management charges an annual fee based on a percentage of assets under management. The firm follows a transparent fee structure and does not charge any hidden fees or commissions. Clients have the option to choose between a fee-only or fee-based compensation structure.
Background
Water Street Wealth Management was founded in 2010 by a team of experienced financial advisors who shared a common vision of providing holistic financial planning services to their clients. The firm has grown steadily and has established a reputation for its ethical practices and personalized approach to financial planning.
Financial Advisor Disclosures to Know
As a registered investment advisor, Water Street Wealth Management has a fiduciary duty to act in the best interests of its clients. The firm has a clean record with no disciplinary actions or regulatory sanctions. The advisors at Water Street Wealth Management are committed to providing unbiased and objective advice to their clients, and this is reflected in the firm’s clean track record.