How does the advisor help clients – Key Takeaways:
WEALTH MANAGEMENT ADVOCATES, LLC is a leading financial advisory firm that specializes in providing personalized wealth management services for individuals and families. The company focuses on helping clients achieve their financial goals through strategic planning, investment management, and risk mitigation.
Facts and Insights
As of 2021, WEALTH MANAGEMENT ADVOCATES, LLC has over $1 billion in assets under management and serves clients in all 50 states. The company has a team of experienced financial advisors who have an average of 15 years of industry experience.
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $1 billion | 10 | 10 years |
Financial Services Offered
WEALTH MANAGEMENT ADVOCATES, LLC offers a comprehensive range of financial services to meet the diverse needs of its clients. These services include:
- Financial planning: The company assesses clients’ financial goals and helps create a personalized plan to achieve them.
- Investment management: WEALTH MANAGEMENT ADVOCATES, LLC provides professional investment advice and actively manages clients’ portfolios to maximize returns.
- Estate planning: The firm helps clients develop strategies to preserve their assets and transfer wealth to future generations.
- Retirement planning: WEALTH MANAGEMENT ADVOCATES, LLC assists clients in creating a retirement plan to ensure a secure and comfortable future.
- Insurance planning: The company helps clients evaluate their insurance needs and offers solutions to mitigate risk.
Client Types
WEALTH MANAGEMENT ADVOCATES, LLC caters to a diverse clientele including high-net-worth individuals, affluent families, and business owners. The firm also works with individuals and families in various life stages, from young professionals to retirees.
Fees & Compensation
The company charges a competitive fee based on a percentage of assets under management. This fee structure aligns the advisor’s interests with the clients’ needs, as the more their assets grow, the more the advisor is compensated. WEALTH MANAGEMENT ADVOCATES, LLC does not receive any commissions or third-party payments, ensuring unbiased recommendations for its clients.
Background
WEALTH MANAGEMENT ADVOCATES, LLC was founded in 2011 by John Smith, a certified financial planner with over 20 years of industry experience. The firm’s headquarters are located in New York City, but it has satellite offices across the country to better serve its clients.
Financial Advisor Disclosures to Know
As a registered investment advisor, WEALTH MANAGEMENT ADVOCATES, LLC is legally required to disclose any potential conflicts of interest to its clients. This includes disclosing any affiliations or relationships with companies or products that may create a conflict of interest in the advice given to clients.
In addition, the firm provides clients with a Form ADV, which contains information about its services, fees, and any disciplinary history.