Emergingwealth Investment Management, Inc. (Pittsburgh)

Emergingwealth Investment Management, Inc. is a related adviser based in Pittsburgh. It manages $11.86 million of regulatory assets for 83 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Pennsylvania.

Emergingwealth Investment Management 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.

Emergingwealth Investment Management: assets under management

The assets under management (AUM) of Emergingwealth Investment Management, Inc. is $11.86 million. The firm's AUM has grown by 344% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.24 million in discretionary accounts and $627.39 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $138.72 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $313.69 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in non-exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Emergingwealth Investment Management, Inc. 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.

What kind of clients Emergingwealth Investment Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Emergingwealth Investment Management is individuals with 28 clients and $9.82 million of assets under management. Among the 1 most similar advisory firms, Emergingwealth Investment Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $11.86 million for 30 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.

Emergingwealth Investment Management doesn't advise any private funds.

Careers at Emergingwealth Investment Management, Inc.

The company employs 13 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Louis Peter Stanasolovich	President, chief compliance officer	1 Sep 2009	75% - 100%	735062

Based in Pittsburgh

The principal office where Emergingwealth Investment Management, Inc. performs its advisory services is located at 5700 Corporate Drive, Pittsburgh, PA 15237 5829, 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 (866)-280-4896 or by fax (412)-635-9213. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.