Westlake Wealth Management, LLC is an adviser based in Roanoke. It manages $15.96 million of regulatory assets for 146 client accounts. It has been registered with the SEC as an adviser since 2018.
Westlake Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. 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 Westlake Wealth Management, LLC is $15.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9% 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 Westlake Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 and high net worth individuals. The largest group of clients of Westlake Wealth Management is individuals with 65 clients and $12.12 million of assets under management. Among the 2 most similar advisory firms, Westlake Wealth Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $15.96 million for 69 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.
Westlake Wealth Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Westlake Wealth Management, LLC performs its advisory services is located at 310 S. Oak Street, Suite 208, Roanoke, TX 76262, 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 6828886144. The normal business hours are 8am - 4pm on Monday - Friday.