Watts Gwilliam & Company, LLC (Gilbert)

Name: Watts Gwilliam & Company, LLC
Address: 2730 S. Val Vista Dr., Gilbert, AZ, 85295
Telephone: 480-889-8998

Watts Gwilliam & Company, LLC is a large advisory firm based in Gilbert. It manages $255.75 million of regulatory assets for 889 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, New York, and 3 other states.

Watts Gwilliam & Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Watts Gwilliam & Company: assets under management

The assets under management (AUM) of Watts Gwilliam & Company, LLC is $255.75 million. The firm's AUM has grown by 256% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $245.75 million in discretionary accounts and $10 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $306.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $116.28 thousand.

Watts Gwilliam & Company has custody of $7.7 million in cash and securities for 50 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in pooled investment vehicles form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Watts Gwilliam & Company, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Watts Gwilliam & Company serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Watts Gwilliam & Company is high net worth individuals with 165 clients and $212.8 million of assets under management. Among the 8 most similar advisory firms, Watts Gwilliam & Company has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $255.75 million for 193 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.

Watts Gwilliam & Company also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Watts Gwilliam & Company, LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 6 people 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rhonda Jo Gwilliam	Managing member	1 Apr 2004	75% - 100%	4791555
Jeffrey Stephen Watts	Member, chief compliance officer	1 Jun 2004	25% - 50%	3084412
Daniel Bradford Gwilliam	Member	1 Jun 2004	25% - 50%	2916314
David Bruce Watts	Member	1 Jun 2004	25% - 50%	3095023
Ross Anthony Iannarelli	Member	1 Jun 2004	Other	4197415

Based in Gilbert

The principal office where Watts Gwilliam & Company, LLC performs its advisory services is located at 2730 S. Val Vista Dr., Gilbert, AZ 85295, 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 480-889-8998 or by fax 480-889-8999. The normal business hours are 8:30am-4:30pm on Monday - Friday. You can find more information about the New York firm at ipominfo.com.