Wiss Private Client Advisors, LLC is a large advisory firm based in Livingston. It manages $108.73 million of regulatory assets for 178 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida, New Jersey, and New York.
Wiss Private Client Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. 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 Wiss Private Client Advisors, LLC is $108.73 million. 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 a single stream of revenue. Clients pay Wiss Private Client Advisors, LLC for their services and products based on a percentage of assets under management. 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 Wiss Private Client Advisors is high net worth individuals with 21 clients and $84.39 million of assets under management. Among the 13 most similar advisory firms, Wiss Private Client Advisors has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $96.89 million for 52 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.
Wiss Private Client Advisors doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.
Llp Wiss & Company joined the executive team most recently as the Managing Member.
The principal office where Wiss Private Client Advisors, LLC performs its advisory services is located at 354 Eisenhower Parkway, Livingston, NJ 07039, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 973-577-2529 or by fax 973-629-1485. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at wiss.com/services/private-client-advisors.