Wealth Advisory Group, Inc. is a large advisory firm based in Berwyn. It manages $263.14 million of regulatory assets for 191 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Delaware, New Jersey, Pennsylvania, and Texas.
Wealth Advisory 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 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wealth Advisory Group, Inc. is $263.14 million. The firm's AUM has grown by 218% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Wealth Advisory Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Michael Christopher Bass is pension and profit sharing plans with 73 clients and $187.21 million of assets under management. Among the 10 most similar advisory firms, Wealth Advisory Group has the 2nd highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $261.84 million for 190 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.
Wealth Advisory Group doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 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 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.
Michael Christopher Bass has been acting as President since 1 Jan 2013. Joseph Jeffrey Cohen joined the executive team most recently as the President.
The principal office where Wealth Advisory Group, Inc. performs its advisory services is located at 1055 Westlakes Drive, Berwyn, PA 19312, 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 610-225-1000 or by fax 610-225-3036. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at wealthadvisorygrp.com.