Criterion Wealth Management Insurance Services, Inc. is an adviser based in Valencia. It manages $58.34 million of regulatory assets for 107 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of California.
Criterion Wealth Management Insurance Services provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Criterion Wealth Management Insurance Services, Inc. is $58.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% 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 Criterion Wealth Management Insurance Services, Inc. for their services and products based on a percentage of assets under management and performance-based 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Robert Allen Gravette is individuals with 15 clients and $37.92 million of assets under management. Among the 3 most similar advisory firms, Criterion Wealth Management Insurance Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $58.34 million for 43 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.
Criterion Wealth Management Insurance Services doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Robert Allen Gravette has been acting as President since 1 May 2000. Mark Andrew Macarthur has served as the Chief Investment Officer since 1 Jan 2004. Jason Owen Stauffer joined the executive team most recently as the Director Of Operations/Chief Compliance Officer.
The principal office where Criterion Wealth Management Insurance Services, Inc. performs its advisory services is located at 26650 The Old Road, Valencia, CA 91381, 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 661-254-2543 or by fax 800-550-1095. 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 criterionwealth.com.