Conservative Wealth Management LLC is a large advisory firm based in Los Angeles. It manages $235.65 million of regulatory assets for 234 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Florida, and Texas.
Conservative Wealth Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. 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 Conservative Wealth Management LLC is $235.65 million. The firm's AUM has grown by 195% 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 Conservative Wealth Management LLC for their services and products based on a percentage of assets under management and hourly charges. 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 only and largest group of clients of Conservative Wealth Management is high net worth individuals with 52 clients and $216.65 million of assets under management. Among the 7 most similar advisory firms, Conservative Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $216.65 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.
Conservative Wealth Management doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 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.
The principal office where Conservative Wealth Management LLC performs its advisory services is located at 7565 Mulholland Drive, Los Angeles, CA 90046, 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 323-876-3300 or by fax 323-843-9929. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at phildemuth.com.