Wachovia Alternative Strategies, Inc. (Charlotte)

Wachovia Alternative Strategies, Inc. is a large advisory firm based in Charlotte. It manages $2.13 billion of regulatory assets for 48 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Massachusetts and North Carolina.

Wachovia Alternative Strategies provides pension consulting services and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wachovia Alternative Strategies: assets under management

The assets under management (AUM) of Wachovia Alternative Strategies, Inc. is $2.13 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.13 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $44.34 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wachovia Alternative Strategies, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wachovia Alternative Strategies, Inc.

Dennis Henry Ferro has been acting as President since 1 Jun 2003. Britta P Patterson joined the executive team most recently as the Director, Chief Administrative Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Wachovia Corporation	Shareholder	1 Nov 1995	75% - 100%	56-0898180
William Douglas Munn	Director	1 Dec 2002	Other	1990843
Adam Ira Taback	President, chief executive officer	1 Feb 2003	Other	2378786
Michael Howard Koonce	Secretary, chief legal council	1 Apr 2003	Other	2315714
Dennis Henry Ferro	Director	1 Jun 2003	Other	2477513
Barbara Ann Lapple	Senior vice president	1 Apr 2004	Other	2047792
Matthew Charles Moss	Chief financial officer	1 Feb 2005	Other	4499363
Sheelpa Patel Brown	Chief compliance officer	1 Feb 2005	Other	3265908
Yukari Nakano	Senior vice president, chief operations officer	1 Apr 2005	Other	4873454
Wachovia Corporation	Shareholder	1 Jan 2009	75% - 100%	26-3918610
Matthew Charles Moss	Chief financial officer	1 Mar 2009	Other	4499363
Britta P Patterson	Director, chief administrative officer	1 Jul 2009	Other	5685868
Lloyd Lipsett	Senior vice president, legal, & secretary	1 Jul 2009	Other	5685870
Dean Junkans	Director	1 Jul 2009	Other	5694319
Phil Bancroft	Senior vice president, chief financial officer, & treasurer	1 Jul 2009	Other	5698156

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Wells Fargo And Company	Shareholder	1 Dec 2008	75% - 100%	41-0449260

Based in Charlotte

The principal office where Wachovia Alternative Strategies, Inc. performs its advisory services is located at 401 South Tryon Street, Charlotte, NC 28202, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-383-6369 or by fax 704-383-6020. The normal business hours are 8 am - 5 pm on Monday - Friday.