Erts Wealth Advisors, LLC is a large advisory firm based in Marquette. It manages $222 million of regulatory assets for 1,740 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Illinois, Louisiana, and 4 other states.
Erts Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Erts Wealth Advisors, LLC is $222 million. The firm's AUM has gone down by -5% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Erts Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Erts Wealth Advisors is high net worth individuals with 100 clients and $153 million of assets under management. Among the 8 most similar advisory firms, Erts Wealth Advisors has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $222 million for 700 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Erts Wealth Advisors doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 Erts Wealth Advisors, LLC performs its advisory services is located at 989 West Washington Street, Marquette, MI 49855, 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 (906) 228-5564 or by fax (906) 226-4694. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at mommaerts-mahaney.com and its LinkedIn profile.