Wall Capital Group, Inc. (Phoenix)

Name: Wall Capital Group, Inc.
Address: 22601 N. 19 Th Ave, Phoenix, AZ, 85027
Telephone: 623-242-6332

Wall Capital Group, Inc. is a large advisory firm based in Phoenix. It manages $1.09 billion of regulatory assets for 482 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, Illinois, and Oregon.

Wall Capital Group 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.

Wall Capital Group: assets under management

The assets under management (AUM) of Wall Capital Group, Inc. is $1.09 billion. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $351.84 million in discretionary accounts and $736.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.03 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.26 million.

Investments

The firm invests in investment and business development companies the most. They account for 52% of the total AUM. The second-largest asset type is government bonds, which make up 18% of the firm’s portfolio. Investments in investment grade corporate bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wall Capital Group, Inc. for their services and products based on a percentage of assets under management 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.

What kind of clients Wall Capital Group serves?

The firm provides services to individuals, high net worth individuals, and state or municipal government entities. The largest group of clients of Wall Capital Group is state or municipal government entities with 36 clients and $996.47 million of assets under management. Among the 11 most similar advisory firms, Wall Capital Group has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.08 billion for 198 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.

Wall Capital Group doesn't advise any private funds.

Careers at Wall Capital Group, Inc.

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Colleen May Wall	Secretary	1 May 1990	50% - 75%	4363689
David Jerome Wall	President and chief compliance officer	1 May 1990	50% - 75%	1513469

Based in Phoenix

The principal office where Wall Capital Group, Inc. performs its advisory services is located at 22601 N. 19 Th Ave, Phoenix, AZ 85027, which is also the mailing address of the firm. An additional office of the firm is in Hinsdale, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 623-242-6332 or by fax 623-242-6362. The normal business hours are 8:00am-3:00pm on Monday - Friday. You can find more information about the New York firm at wallandassociates.org.