Sva Plumb Wealth Management, LLC (Madison)


Sva Plumb Wealth Management, LLC is a large advisory firm based in Madison. It manages $2.6 billion of regulatory assets for 4,849 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Florida, and 18 other states.

Sva Plumb Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sva Plumb Wealth Management: assets under management

The assets under management (AUM) of Sva Plumb Wealth Management, LLC is $2.6 billion. The firm's AUM has grown by 186% since the beginning of its operation, and $735.39 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $2.57 billion in discretionary accounts and $30.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $534.1 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $900.56 thousand.
Sva Plumb Wealth Management has custody of $1.07 billion in cash and securities for 906 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sva Plumb Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Thomas Gerald Plumb serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Thomas Gerald Plumb is high net worth individuals with 639 clients and $1.51 billion of assets under management. Among the 10 most similar advisory firms, Sva Plumb Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.1 billion for 1,337 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.

Sva Plumb Wealth Management doesn't advise any private funds.

Careers at Sva Plumb Wealth Management, LLC

The company employs 63 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 35 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Thomas Gerald Plumb has been acting as President since 1 Mar 2011. Daniel Guyan Gibson joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Raymond Hughes Boysen Elected manager/vice president 1 Mar 2011 Other 4335106
Llc Sva Plumb Financial Managing member 1 Mar 2011 75% - 100% 27-4605334
Thomas Gerald Plumb Elected manager/president/ceo 1 Mar 2011 Other 1732830
Timothy Rock Obrien Elected manager/vice president 1 Mar 2011 Other 3101937
Kathryn Lee Norton Elected manager/treasurer 1 Mar 2011 Other 2528315
Maureen Ellen Hansen Elected manager/president 1 Mar 2011 Other 2713805
Llc Sva Financial Group Managing member 1 Mar 2011 75% - 100% 27-4605334
Jack Robert Cotton Director 1 Mar 2011 Other 4335126
Carl Elmer Schultz Secretary/director 1 Mar 2011 Other 4335133
Sharon Lynne Reigstad Chief compliance officer 1 Mar 2011 Other 1529216
Inc. Tgp Member 1 Mar 2011 50% - 75% 39-1484755
John Anthony Baltes Elected manager/secretary 1 Mar 2011 Other 4450643
Brian Howard Reamer Vice president 1 Jan 2012 Other 1758796
Ken S Cavalluzzo Elected manager/vice president 1 Jan 2012 Other 4989634
Connie Marie Redman Chief compliance officer 1 Apr 2012 Other 2273400
Carl Elmer Schultz Elected manager/chairperson 1 Jun 2013 Other 4335133
Maureen Ellen Hansen Vice president 1 Sep 2013 Other 2713805
Kurt Gerard Krumholz Elected manager/vice president 1 Mar 2014 Other 2507648
Donna Marie Baker Secretary 1 Feb 2015 Other 6549245
Debra Lynn Oswald Vice president 1 Sep 2015 Other 2402366
John Anthony Baltes Elected manager 1 Jun 2016 Other 4450643
Daniel Guyan Gibson Vice president 1 Sep 2018 Other 2906321

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Kathryn Lee Norton Elected manager 1 Feb 2011 Other 2528315
Timothy Rock Obrien Elected manager 1 Feb 2011 Other 3101937
Raymond Hughes Boysen Elected manager 1 Feb 2011 Other 4335106
Jack Robert Cotton Elected manager 1 Feb 2011 Other 4335126
John Anthony Baltes Elected manager 1 Feb 2011 Other 4450643
Inc. Diversified Services Of Wisconsin Member 1 Mar 2011 50% - 75% 39-1702659
Inc Tgp Member 1 Mar 2011 50% - 75% 39-1484755
Inc Diversified Services Of Wisconsin Member 1 Mar 2011 50% - 75% 39-1702659
Thomas Gerald Plumb Shareholder 1 Jan 2015 75% - 100% 1732830
Maureen Ellen Hansen Elected manager 1 Jun 2017 Other 2713805

Based in Madison

The principal office where Sva Plumb Wealth Management, LLC performs its advisory services is located at 1221 John Q Hammons Drive, Madison, WI 53717 4966 The mailing address of the firm is P. O. Box 44966, Madison, WI 53744 4966. An additional office of the firm is in Brookfield, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 608-824-8800 or by fax 608-824-2101. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at svaplumb.com.